S3 (A LONGER TERM PERSPECTIVE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Parker Benchley who wrote (10851)	5/5/1998 8:53:00 PM
From: Phil Fischer	Read Replies (2) of 14577

While I totally support option repricing for employees (i.e. engineers etc.). I find it somewhat galling that Paul Franklin (senior VP of Operations) and especially Neal D. Margulis (Senior VP of Research and Tech!) had their options repriced. Not only were they repriced but they were repriced down to $5.125, very near the 52 week low. This is as little as 30% of the original exercise price for some of these options. Shame on you S3. There is no end to greed in American industry. Options have gone from a means of rewarding performance to an entitlement. The only redeeming feature is that GJ did not have his option repriced (nor anyone else on the board). Phil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next