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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: hueyone who wrote (17780)	1/9/2003 7:07:30 PM
From: Hardly B. Solipsist	Read Replies (2) \| Respond to of 19079

Well, I don't think that there is anything that covert about it. After all, it's no secret how much stock is given to employees. You could just as easily say that salaries for employees are a covert means of transferring shareholder wealth. I know for a fact that Oracle stock options help them retain some the smartest, most energetic engineers that I know. And if the best 2 or 3 percent of the engineers at Oracle had gone to MSFT to work on SQL Server, I think that this would have been a covert way of transferring all of the ORCL shareholders wealth to MSFT stockholders and employees, which I suspect they would have liked even less. We all understand that you don't like stock options for employees, and I certainly dislike watching companies built by other people get hijacked by new management and looted, but I strongly disagree that ORCL is such a company. ORCL has management has behaved with far more restraint than an VC that I've ever heard of, and without the options they would have been the ones to benefit from the exodus of technical talent from Oracle...