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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (148893)12/9/1999 5:58:00 PM
From: D. Swiss  Read Replies (2) | Respond to of 176387
 
Chuzz, I personally feel management should be rewarded for superior performance and stock appreciation. If not for stock appreciation,which benefits us all, Rollins options would be worthless. I have no problem with an incentive plan that rewards management for enhancing shareholder value.

:o)

Drew



To: Chuzzlewit who wrote (148893)12/9/1999 7:51:00 PM
From: stock bull  Read Replies (1) | Respond to of 176387
 
Chuzzlewit, regarding your posting:

<<Just to give folks on this thread a flavor for the magnitude of corporate largesse, Yahoo insider provided the following data for Kevin Rollins:

From the period Jan 1998 through September 1999 he exercised options on 1,304,000 shares (split adjusted) at a price of $0.88 each for a total of $1,147,520. He sold those shares for $53,836,500 for an immediate gain of $52,688,980.

How do you suppose investors would react to management if they saw those numbers as part of the income statement?>>

Chuzz, as you know, the option game has been going on "forever". Those at the top are always going to make the bucks, and all the other can go to...well, you know where. And, this includes the shareholders.

I have asked a number of times on this thread...why doesn't Michael Dell and his Sr. Management Staff stop selling their stock until they start seeing shareholder value increase? "Value" meaning the stock's appreciation. Yes, I know this is pie-in-the-sky thinking.

JMO

Stock Bull



To: Chuzzlewit who wrote (148893)12/10/1999 9:53:00 AM
From: PMS Witch  Read Replies (2) | Respond to of 176387
 
Off topic -- option grants ...

I've posted on other threads that option grants represent dollars leaving the company. I agree with you that those dollars should be counted as they leave. The response to my posts was overwhelmingly opposed to the idea: The grants are seen as some 'reward' for performance. I don't have any trouble 'rewarding' performance, it's just that the decision has a cost and that cost should be reported in an accurate, clear, and timely manner: No blue smoke and mirrors.

I think the practice continues because the 'grants' come from pockets other than the 'grant' givers', and that those whose pockets are being picked have vision somewhat impaired by the wool pulled over their eyes.

Reporting these 'expenses' on income statements would most certainly lead to some turmoil in stock prices.

Cheers, PW.