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


To: Cary Salsberg who wrote (6119)5/21/2003 12:50:50 AM
From: BWAC  Respond to of 25522
 
So what. Should we anoint him as the chosen one and shower him with some more gifts to make sure he does his best at the job. F him, and F Amat.



To: Cary Salsberg who wrote (6119)5/21/2003 1:05:21 AM
From: Robert O  Respond to of 25522
 
signing bonus??? For what? For leaving INTC to come to AMAT? Please, over 4 million to 'lure' him over. If he believed enough in AMAT he would not need 4+ million before even rolling up his sleeves. He's already quite rich no doubt so 'piddly' amounts like this sign on should not be his motivation. Instead it should be the HUGE payday were he to increase AMAT's share price over the next year(s) as he accumulates shares through *sensible* allocation plans. Everyone needs to get out of this fantasy mode. It's what crashes are/were made of, eh.

RO



To: Cary Salsberg who wrote (6119)5/21/2003 1:09:46 AM
From: Kirk ©  Read Replies (1) | Respond to of 25522
 
If it ain't a big deal, then Pay it out of petty cash and don't screw us stockholders for the bonus! This is the sort of cockroach deal that one should give serious consideration to...

you know.. you never see a single cockroach...

BTW, how did those stupid advertisements they ran a year ago work out?



To: Cary Salsberg who wrote (6119)5/21/2003 8:32:37 AM
From: Proud_Infidel  Read Replies (2) | Respond to of 25522
 
Re: a signing bonus?

A $4 Million signing bonus at the bottom of the worst downturn ever? Can't you see how this at least appears to most people who hold stock? This is the modern day version of the robber-barrons sticking it to everyone who holds shares.

At the very least, they could have given a signing bonus in cash and had him buy stock. That would at least have given the appearance of someone who believes in the company and is willing to put his own cash to work buying shares. This is downright unseemly.

Brian



To: Cary Salsberg who wrote (6119)5/21/2003 9:13:03 AM
From: Mark Marcellus  Read Replies (2) | Respond to of 25522
 
Did you guys ever hear of a signing bonus? $4.1M is a big deal to us, but not at that level. I would rather have it in stock than cash

If you'd rather have it in stock than in cash, you presumably think the stock is overvalued at current levels. Otherwise, giving him options is more expensive to long term holders. Regardless, this sends absolutely the wrong message. It indicates to me that even someone with the integrity of Morgan has been compromised by the candy store mindset that is running rampant in Silicon Valley.

If they really needed to do a signing bonus, there's no reason they couldn't have done it with cash, or at least made it a combination of cash and out of the money options. Like it has with others, this is going to make me reevaluate AMAT as a long term holding.