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

To: Kirk © who wrote (6136)	5/21/2003 11:12:05 AM
From: Cary Salsberg	Read Replies (1) \| Respond to of 25522

RE: "This is a PR blunder of MASSIVE proportions." I don't agree. The shareholders were NOT screwed. I agree that this use of options supports the argument for expensing them, since the lion's share of $4.1M is a hiring expense. I don't see how paying him to buy the shares and then paying the taxes on the original amount and the tax amount is an improvement. In both cases he gets the stock for nothing and in your case the company pays up front tax costs.