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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (2125)	8/7/2002 1:15:00 AM
From: Paul V.	Respond to of 25522

Brian, >A few options here and there are okay in my view, but the way they are handed out like candy now is an insult to all those who scrimp and save to buy the shares.< Thing back to what we have experienced and learned in Organization Behaviour classes based on clinical trials on effective management. It is not the amount of money above what is expected by the employee for the work which he has performed but the OPPORTUNITY (psychological perceptions) that he/she has, to FEEL part of the company and be recognized. Chambers calls it ownership, feeling a part of the company. IMO, it is not the $$$$ that provides stable and excellent morale of the employees but the recognition given. As has been previously stated many options expire worthless. My daughter has received options for $20 a share. However, the price of the stock is $8 with some expiring this year. Even if the price was above $20 she would have to come up immediately with the tax payable immediately at the time she notifies the company of cashing them in. She informed me that in many cases employees simply do not have the cash to pay the taxes up front if there is a gain. Result, expired options. Just my opinions. Another thought to consider. Paul