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To: Charles Tutt who wrote (170197)7/16/2002 1:01:53 PM
From: mepci  Read Replies (1) | Respond to of 176387
 
The main problem is option grants are coming from SE. They belong in a special trust for all employees, like pension trust. Salaries are current month, bonuses are current year, options are multiyear, and pensions are life term of an employees and their spouses. Where is the common sense of all our leaders and professionals (do called). What portion of common sense does this people have and have not?



To: Charles Tutt who wrote (170197)7/16/2002 9:28:03 PM
From: Selectric II  Read Replies (1) | Respond to of 176387
 
I think the problem is that option grants as compensation have an upside but no downside. When times are good, recipients are overcompensated, but when times are bad, they don't share the pain.

Tell that to somebody who was persuaded to take a job not for the mediocre salary offset by long hours, but because the options some day might be worth a lot and make the sacrifice worthwhile.

You seem to be clueless. Are you a college professor?