Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kirk © who wrote (12078)	11/18/2004 7:43:52 AM
From: BWAC	Read Replies (3) \| Respond to of 25522

<so they siphoned off $160M in stock options and whatever else I am missing.> The cash flow from depreciation that was siphoned off to make up the rest of the $500 Million buyback. Hint: it doesn't appear to have been reinvested in new depreciable assets.

To: Kirk © who wrote (12078)	11/18/2004 8:04:19 AM
From: Proud_Infidel	Read Replies (3) \| Respond to of 25522

From what I've seen in the valley, I doubt many would leave their jobs if they lost the gravy train of options that should be going to us shareholders now that they are well past the start-up mode. Where would they go? Well said. While some companies are shipping jobs to idia by the hundreds, others claim that options are necessary for retaining employees. In this environment, where would they go? This is NOT 1999. Quite honestly, I am getting tired of my shares being diluted to pay for options.

To: Kirk © who wrote (12078)	11/18/2004 8:12:39 AM
From: robert b furman	Read Replies (1) \| Respond to of 25522

Hi Kirk, I strongly agree with your viewpoint. What would be the proper procedure to start a stockholder proposal/view point that all future stock options be morphed into a stock dividend /and or cash dividend. I'm aging myself here - but I remember the days when stock holders got a 5% stock dividend.Now what we see are executives feeding themselves at the "PIG TROUGH".Often this orgy is done on the gracious name of retaining all our valuable employees. This is bull. Semi equipment company employees are cut brutally on any down turn. It is the execs that keep their jobs and get the vast majority of options. I don't mind stock dividends as it adds liquidity and treats all investors equally. This dilution of my holdings of a company (on a percentage base) is BULL$HIT !!!! When these guys get the options they immediately sell them off and and add to the float - which is counter productive to the underlying stocks appreciation. We need a stockholder proposal that ensures any options to be granted must be matched by a stock dividend that doesn't dillute a stockholders position. If the Execs want to sell off their position on a rising stock let em. Then as an accumulator of the stock I'll become a larger percent holder.Then when I finally get on the board -I'll put an end to this BS. Furman for Chairman !!!GG Bob