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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?

To: rkrw who wrote (6038)6/18/2002 2:09:01 AM
From: John Metcalf  Respond to of 10280
 
"I don't know about you, but I would work equally hard whether I had 100K options, 5K options, or 0 options. I don't buy this employees need extra motivation crap."

Me too. I've never had any options, and I've spent 22 years in my current job. As you said, I agreed to work for my salary.

If employees need to become millionaires, they shouldn't be working in the biotech industry under current conditions. How about, results first - compensation after?



To: rkrw who wrote (6038)6/18/2002 10:04:09 AM
From: Michael Young  Read Replies (1) | Respond to of 10280
 
Very nice gig. Give yourself huge options, tell analysts you expect $2 billion in revenue in just a few years, downplay FDA risks, then sell a chunk when your stock is inflated. When the fun stops, just reprice options and start over again . . .

MIKE


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