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Technology Stocks : C-Cube
CUBE 36.64-0.5%3:59 PM EST

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To: William T. Katz who wrote (34625)7/22/1998 7:20:00 PM
From: SC  Read Replies (2) of 50808
 
William, I had worked for Microsoft for quite some years. Here is how I respectfully disagree with you on this regarding Microsoft:

I have already mentioned something similar to this: Bill Gates and Microsoft repeatedly said either internally and externally that he and Microsoft did not care its stock prices before, and that only recently Microsoft worried that its price is TOO HIGH for the purpose you mentioned. It NEVEE worried about its price being TOO LOW and the need to pump it up by its PR. Quite the opposite, it worries that this high price will jeopardize its continued role as its employee incentives.

Microsoft NEVER doubted that its focus in the success in business will result in the raising value of the company and AS A RESULT, more reward to the share holders including its employees. I think it is important how Microsoft succeeded and how its stock option incentives really worked.

It's the horses that pull the cart. NOT the other way around.

C-Cube needs to attract people who believe they can create great value for the company and themselves by their talents and hard work, not those who just want to cash in for a good luck. I have a friend who joined at MIcrosoft somewhere between 92-94 or so when the stock dropped. He quit to look for something better. You bet that many of the Microsoft employees NEVER expected that they would be rewarded so handsomely by its stocks when they took the job.

You said <<Stock price appreciation != making business succeed>>

That means it is NOT successful ENOUGH if at all. Double it and triple it and contiue that trend and see what happens.
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