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 : Nanophase Technologies (NANX) -- Ignore unavailable to you. Want to Upgrade?

To: Owen Vaughan who wrote (170)	5/3/1998 9:28:00 PM
From: Christopher Bearden	Respond to of 322

Disagree. Options are typically given to the highest paid employees - the people the company most depend upon for technical support. i.e. The people who least need fast cash. In addition, options "vest" over time, typically five years at 20% per year. So, if a person is granted 500 options, he can only purchase 100 shares per year (and notice I said purchase vice sell). Each employee who owns shares or options is already invested in the company's future and stands to gain substantially by holding and working towards a brighter future. I work in an employee owned company. Have been granted many options and shares of stock in my company over the years but when you're stock is appreciating 20-70% per year......... only someone in dire straights would sell. I wouldn't expect to see any kind of a sell off by NANX employees.