Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: ShoppinTheNet who wrote (13576)	6/15/1998 8:48:00 PM
From: Larry Macklin	Read Replies (3) of 20681

You people need to get in the real world!!! Why don't you check and see what major corporations like GE and Intel do with stock options? Most , if not all, major corporations pass out options and adjust option prices all the time. Options are a tool to get employees to work and build positive moral. If a stock is so far out of the money it produces the opposite effect and productivity and moral both suffer from it,not to mention employee turnover. Perhaps we should look into the options of the wife of a certain thread member who has been critical of naxos management. I dont think he complained when they re-priced her oxford health options from 72 to 17.....there was nothing illegal or unethical about that! Larry Macklin

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