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

To: Mark Marcellus who wrote (6125)5/21/2003 9:43:50 AM
From: BWAC  Respond to of 25522
 
<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.>

There you have it.



To: Mark Marcellus who wrote (6125)5/21/2003 10:17:48 AM
From: Cary Salsberg  Respond to of 25522
 
RE: "If you'd rather have it in stock than in cash, you presumably think the stock is overvalued at current levels."

No. With stock, his fortune is tied directly to mine. "Long term holders" are betting on his performance and 300,000 shares is an inconsequential cost.

Cash is taxable. He will get other "out of the money" options.

Morgan's successor is a big deal. Reevaluate, but not based on the pretense that top managers should not be amply compensated.


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