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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST

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To: Trader Dave who wrote (1865)7/7/1998 9:23:00 PM
From: hey now  Read Replies (1) of 3818
 
*OFF TOPIC QUESTION*

I'll post this here too --

Hello,

I work for an online media company that is planning on having an IPO in the near future. This company offered its early employees a choice between receiving a pay raise or stock options. Well, most people chose the options due to the fact that the raises were fairly unsubstantial. Now however, the company has decided to revoke half of all options given. This does not immediately affect me, but it does seem to follow a pattern that makes me leery of working for this company. My question is -- is this illegal, unethical, or simply less than nice?

Thanks to anyone for their input,
Geoff
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