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

To: Cary Salsberg who wrote (6133)	5/21/2003 10:48:10 AM
From: Gottfried	Respond to of 25522

Cary, I don't know whether the penny a share deal is just a normal sign-up bonus, but it should have been structured differently. 'Penny a share' is just terrible PR. Gottfried

To: Cary Salsberg who wrote (6133)	5/21/2003 10:58:54 AM
From: Kirk ©	Read Replies (1) \| Respond to of 25522

Cary, you would be arrested for bigamy if your 8 stocks were women. -g- Sometimes you need to admit that one is just being a bitch. -G This is a PR blunder of MASSIVE proportions. Here we've had Morgan on TV and print telling congress, accounting boards and the public that stock options should not be expensed AND if they are expensed, then the little guy will suffer the most. This seems to be a way to flaunt just how much they can screw shareholders if they want. The fact is the bonus should have been paid out of petty cash where part of the deal would be Splinter would have to buy the 300,000 shares the day he took the helm. If he couldn't afford the tax, then AMAT should pay it for him. This is how HONEST companies do it already for their VP and above type employees. I wonder what the employees who are next in the layoff line are saying today?