PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Chuzzlewit who wrote (2097)	9/3/1998 5:24:00 PM
From: RetiredNow	Read Replies (1) of 4509

Chuzz, you have proclaimed yourself a cyic before, and now I see that you really are a cynic. You miss all the good things about options. Most of your top notch performers simply will not take a job offer without options. The better the performer the more they demand in compensation. So much so that companies literally can't afford the best of the best. The way they get them is to offer them stock options which can be worth far more than their salary ever could be. The catch is that they as well as their peers have to perform. I look at the employees of Dell, Cisco, Microsoft and a host of others for confirmation that options work at providing incentives to bright people. The fact the bright people know they can be millionaires if they work hard is plent incentive, believe me. I'm sure we all have our viewpoints, but as an option holder (not of PSFT) myself, I wouldn't trade that form of compensation for the alternative (especially because I know no company would pay me what my options are worth).

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