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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: greggcap who wrote (106876)8/2/2000 7:08:05 PM
From: NOW  Read Replies (2) | Respond to of 164684
 
"Amazon has just re-priced employee options down to $30 per share which in my opinion is rewarding its employees for failure to lift the company into the profitability it will soon need"
Yes, but what better way to prevent the rats from jumping ship?



To: greggcap who wrote (106876)8/2/2000 11:55:31 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Amazon has just re-priced employee options down to $30 per share

Where is the source of this information?



To: greggcap who wrote (106876)8/3/2000 10:31:27 AM
From: Alomex  Read Replies (1) | Respond to of 164684
 
Amazon has just re-priced employee options down to $30 per share which in my opinion is rewarding its employees for
failure to lift the company into the profitability


I disagree. Employees shouldn't be made to paid for the market going hysterical.

An investment firm (the IPO underwriter) looked at the fundamentals of this company and assessed fair value at $1.50 per share in May 97. The market high two years later is $140. Anybody hired around that period last year has no hope of profiting from stock options through no fault of their own. Market expectations were unrealistic.