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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 322.32-5.6%Jan 30 9:30 AM EST

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To: Cary Salsberg who wrote (6133)5/21/2003 10:58:54 AM
From: Kirk ©  Read Replies (1) of 25522
 
Cary, you would be arrested for bigamy if your 8 stocks were women. -g-

Sometimes you need to admit that one is just being a bitch. -G

This is a PR blunder of MASSIVE proportions.

Here we've had Morgan on TV and print telling congress, accounting boards and the public that stock options should not be expensed AND if they are expensed, then the little guy will suffer the most. This seems to be a way to flaunt just how much they can screw shareholders if they want.

The fact is the bonus should have been paid out of petty cash where part of the deal would be Splinter would have to buy the 300,000 shares the day he took the helm. If he couldn't afford the tax, then AMAT should pay it for him. This is how HONEST companies do it already for their VP and above type employees.

I wonder what the employees who are next in the layoff line are saying today?
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