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Technology Stocks : All About Sun Microsystems
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To: uu who wrote (7190)1/22/1998 4:52:00 PM
From: Byron Xiao  Read Replies (1) of 64865
 
Exactly, Addi. MSFT is not laying off people. But people are
leaving MSFT. I have a lot of college friends work over there. Some as contractors and some as permanent employees. For permanent
employees, working there for 5 years burn them out very quick. They
told me the average work week is about 55 hours in MSFT. So after
5 years, they exercise their stock options, which generally range
from 200K - 1M, depends on how good a programmer they are and when
do they exercise their options. Most of them start their own software
companies using the stock option money. The general theory is, once
you get the option exercised, why keep working 55 hours a week for MSFT? That is why they have to hire more people each year.
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