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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: PMS Witch who wrote (30681)	10/17/1999 12:55:00 PM
From: John F. Dowd	Respond to of 74651

PMSW: I am continually amazed that someone, other my wife and 6 daughters has such clarity of, thought when discoursing in such matters. SY JFD

To: PMS Witch who wrote (30681)	10/17/1999 11:39:00 PM
From: Bill Holtzman	Read Replies (2) \| Respond to of 74651

It's not personal, but I find your post about sharing profits arrogant. You would begrudge a poor janitor their one-in-a-million motherlode and sentence all janitors to an income cap. How much would they have to pay you to spend your life mopping floors? An aside: Why are the top officials of government called "secretaries"?

To: PMS Witch who wrote (30681)	10/18/1999 9:15:00 AM
From: J. P.	Read Replies (1) \| Respond to of 74651

You have obviously not worked for a start-up tech company, or a tech company attempting to grow rapidly. I have and do. It's also my opinion that engineers are grossly underpaid and the management is grossly overpaid in terms of stock options. Engineers are ultimatly what make the product work properly. Management produces promises and expectations, but don't contribute much to the product. And in my years of working with many corporate customers the bottom line is really product performance. Engineers are what make product. Under startup and high growth circumstances, everybody from the janitor to the CEO has to pitch in and be sort of a jack of all trades and not be afraid to do things that aren't in their job description. And you don't have the luxury of a bottomless well of capital because every spare penny has to go into making your quarterly expectations.

To: PMS Witch who wrote (30681)	10/18/1999 9:44:00 AM
From: TheStockFairy	Read Replies (1) \| Respond to of 74651

Yes, let them eat cake. (or off with your head) When I was a child, I did dream of taking a support role in a company earning roughly $30k (adjusted for inflation), sitting at my desk and supporting someone who is making $1.2 Million a year in salary and stock options. I figure by watching someone make $1.2 Mil, some of the magic from their childhood networking or luck of being in the right place at the right time might rub off on me. That way, while I have racked up my $20k in credit card debt, am constantly $600 short per month on my average bills and have to live in substandard housing I can feel like I have a future. Yes, I agree that people that sweep the floors, make appointments for executives and create the power point slides for the salesmen do not deserve a fair shake at the American Dream. For the most part, I really don't care if they starve. I personally like the ESPP that Sam Walton put in place at Walmart. His theory is that if you drive all the small businesses out of business, they could come work for you for $8 an hour as an assistant manager and they could buy as much of Walmart stock they could afford. That plan was great, as with that 12 shares a year the employee could purchase, in 10 years they would have enough stock to put a down payment on a double wide. Yes, let them eat cake.

To: PMS Witch who wrote (30681)	10/22/1999 1:29:00 PM
From: nihil	Read Replies (2) \| Respond to of 74651

I disagree, of course. In the early days of most start ups cash is lacking, and the whole crew accepts less than market wages in exchange for expectations. The most difficult task of management is figuring out how much someone will be worth in the coming year, and how much will be necessary to keep the good producers on the job. If a company succeeds so that along-time secretary retires with 30 mil I can't find it in my heart to criticize the founder for giving her those options. Maybe, just maybe, he knows more what she was worth than you do. Your class prejudice is showing.