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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: advocatedevil who wrote (59260)	1/23/2002 3:56:40 PM
From: Jacob Snyder	Respond to of 70976

What I really want to see is employee stock options outlawed. If a company wants to align stockholder and employee interests, give them plain stock outright, call it employee compensation, and have the accountants treat it the same as salary costs. If they want to align interests, the least they could do is to reprice the LEAPs I own, when they reprice employee options. Like, let's say I had bought LEAPs in MSFT a couple of years ago, with a 100 strike price. I think it would be fair for the company to absorb the cost of repricing the options to a strike price of, say, 40 or 50. Or, they could just let me keep the old options, and give me (for free) an equal amount of new options at the lower strike price.