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Politics : Ask Michael Burke

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To: accountclosed who wrote (54461)	4/3/1999 5:19:00 PM
From: yard_man	Read Replies (1) of 132070

The action (referred to in the article) is good news and long overdue, IMO. Repricing is a screw to shareholders. It isn't a great system (the option award incentive) even when it is done right -- e.g. cos taking on debt to repurchase shares. How many times have I heard Zeev tell others that this was the best use of IBM's money? Heck maybe it is true given management's ability ... <ng>

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