SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Spectrum Signal Processing (SSPI) -- Ignore unavailable to you. Want to Upgrade?


To: daaan who wrote (2870)7/26/1999 8:56:00 PM
From: Edwin S. Fujinaka  Read Replies (1) | Respond to of 4400
 
Greedy or just ambitious; aren't we all to some extent? Referring to the three people who left SSPI in 1994 to form Hot Haus, it might have been worth offering them each a million dollars a year to stay at SSPI. From 1994 through 1999 it would have cost a total of $15 million. As a practical matter, SSPI could probably never have offered such a deal and, of course we don't know if they could have created the $280 million of value within SSPI, but it might not have been too surprising for SSPI to go from a $2 stock to a $30 stock over those five years.

I believe that the Company has some sort of new stock option plan in place. Maybe that will help. Perhaps the Hot Haus experience is what prompted consideration of a stock option plan for key employees. I don't know, but it might be a reasonable guess.