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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: TGPTNDR who wrote (54224)9/8/2001 10:31:55 PM
From: ElmerRespond to of 275872
 
I was surprised and angry to find that the executive options were reset down in exercise price in exchange for poor performance.(I think it was during the fiasco of the K6 that wouldn't yield at 233.)

Kind of like Congress voting themselves raises in the dead of the night...

Before the tax law change AMD's board simply voted on repricing their own options. Who was there to stop them?

EP