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Technology Stocks : Wind River going up, up, up!

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To: Mitchell Jones who wrote (3440)7/21/1998 5:27:00 PM
From: Snowshoe  Read Replies (1) of 10309
 
>>To imply that the price is too high is to infer that we know better that Bill Gates or Jerry Fiddler( or any of the other industry exectives caught up in this competitive market), how to cope with this talent squeeze.<<

Mitch, I respectfully disagree. It is possible to draw an entirely different inference from your implication -- that there should be public policy initiatives to support the education of a larger supply of programmers. Seen in this light, your implication about the attitudes of the questioners is unfair. I think we should try to focus on the questions, not the questioners.

Gates himself seems to feel that the price is too high, as evidenced by his support for the relaxation of immigration restrictions, and his ongoing attempt to disenfranchise a large number of his programmers from qualifying for stock options, by treating them as contractors.

WIND's shareholders are entitled to vote on the employee options compensation, so we should give these issues a fair and impartial hearing. Our concerns about the price of compensation are as valid as our concerns about the price of anything else affecting WIND's business, including i960x processors, yen, and Alameda real estate. IMO, the ultimate success of the company depends upon a carefully-balanced compensation plan that maximizes the benefits to both employees and shareholders.

They say that stocks have to climb a wall of worry. This discussion has the best chance for a positive outcome if we the shareholders are ready and willing to tackle these worries head on.

One positive I would like to comment on -- WIND's new headquarters on the bay. As a programmer who spent many of his early years relegated to windowless basements, I say BRAVO! What a great way to attract and retain talented staff!

-Greg
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