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To: Kirk © who wrote (67249)3/8/2005 2:08:08 PM
From: Amy J  Read Replies (1) | Respond to of 77400
 
RE: "This is not true despite what they say. Startups give out options at pennies... all they would have to do is give out restricted stock and take the expense hit at the time of the grant, when they are not making any money anyway"

First of all, startups these days have to make money. Second, if you have to take the expense hit up front, then forget it.

RE: " What I can't stand is to be a small investor...only to find out a director got 45,000 options to exercise and he holds less shares in the company than I do!...We as shareholders need to change this."

Completely agree with you here. Good BODs hold at least some of their stock through thick and thin. Most realize it sends the wrong message if they don't.

Separately, it's annoying when you see an executive selling everything they own every year. But you know what that means? They will never become a CEO. Shareholders wouldn't approve of someone that doesn't believe in him or herself.

Regards,
Amy J