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Technology Stocks : Dell Technologies Inc.

DELL 122.46

-8.5%

3:59 PM EST

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To: T.R. who wrote (84341)	12/9/1998 4:55:00 PM
From: PAL	Read Replies (1) of 176387

SI was quiet for some time, I could not access at all. Normally, an employee receives x shares stock option to be vested in 5 years. Every year he/she is vested x/5 shares. The option price is determined at a certain closing price which could be the closing price the day he/she starts work. x could be 1000 shares or 500 shares, etc. Another incentive is putting aside a percentage of the earnings into stock purchase plan. Every six months, the price is set. At one company thaty I know the first six month the price is determined by the lower of the closing prices of Januray 2 and June 30; the second half by the lower of July 1 and Dec 31. I do not know what Dell's arrangement is. The management is very smart, and just giving a bonus 200 shares outright does not give much motivation onward. Therefore, I don't think that each employee gets 200 shares 100% as a gift. Paul

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