To: OLDTRADER who wrote (161893 ) 10/7/2000 12:20:22 PM From: rudedog Read Replies (2) | Respond to of 176387 Bill - I agree on MSD's stock sales, perhaps announcing the date and amount of those sales WELL in advance so that there can be no question about what impact it will have. Better yet would be to announce a moratorium on his stock sales. He surely can survive for a year or two on the billions he has already taken out. Re-pricing DELL employee options would be a disaster. This is a move made by weak companies to ensure employee retention through "golden handcuffs". Worse yet, it rewards the wrong people since it gives the most benefit to those whose contributions were in the past. Several companies, MSFT comes to mind, have corporate governance which PROHIBITS re-pricing of ESOP. But employee morale and retention is a difficult issue. A more forward looking way of providing employees with a share of the upside, getting them focused on shareholder value, and at the same time helping with retention is a 1-time option grant at today's price which does not pay out over a "vesting period" but instead vests at a single date in the future, say 2 years. Employees who leave before that time get nothing. Those who stay and contribute to the company's success get a nice windfall. It says to the employees "these are the darkest days, but pull with us to get back on top and we'll reward you", and it puts that reward in the hands of those who actually contribute. As far as the CFO goes, I couldn't agree more. Schneider's performance in the last CC was very weak. Likewise, if he has had any hand in the financial projections, he is not up to the job. I don't remember any of those problems when TM was CFO.