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To: rkral who wrote (53605)4/7/2003 1:45:56 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 64865
 
rkral,

I said....

only the executives at oracle get options. Now before you nitpick with me and tell me that Hardly and a few others on SI have options at Oracle, let me tell you that I know that. But that is a very rare case. I'll bet if you look very hard at where those options went in the years you cite... the majority went to 5 or so guys at the top (just a guess, I think I'm right though).

Oracle doesn't have the big US-based R&D operation that requires options to succeed. They outsourced a huge amt of their development organization to india, this was in the 97-2000 timeframe.


You then said (in an apparent attempt to discredit my comments above)-

For fiscal years '97 through '01, the top five executives received 46%, 3%, 14%, 21%, and 0%, respectively. The numbers for 1997 and 2000 are high due to unusually large grants to Mr. Lane and Mr. Ellison, respectively.

In no year is the percentage greater than 50%. Therefore, contrary to your guess, it appears mathematically impossible for the "majority" of options to have gone "to 5 or so guys at the top".


OK- uncle. I said options at Oracle only go to executives, and there are 5 or so guys at the top that get the majority of them, since 97 or so.

You then discredit these comments by posting percentages for the top 5 executives, including one year where 46% of the options went to the top 5 - "unusually high grants to Lane and Ellison".

Wow- you sure got me, huh!

You post a year where TWO executives get 46% of options outstanding, call it an anomaly and imply my assertion that executives get most Oracle options is incorrect?

How about this- I admit that my allegation that only the top 5 executives at Oracle get the majority of options (since the offshore dump of R&D) was a little extreme. How about if I say that the top 30 executives at oracle get most options? Is that more like it?