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Politics : Formerly About Advanced Micro Devices
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To: Paul Engel who wrote (34349)7/12/1998 11:19:00 PM
From: JBoyd  Read Replies (1) of 1571808
 
Options At 50% of market.

As of four years ago it was O.K. I worked for a publicly traded company that did it. Few companies do this, but it did have some advantages. The only catch was that you had to record expense for the difference between market value and strike price. The expense was amortized over the period of time until the restrictions lapsed.

I'm certain I read this in the proxy. It has been several months so my recollection could be rusty, but I am not trying to blow something by anyone. I'm trying to understand if AMD is having trouble retaining employees and what they are doing to retain quality people.
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