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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Michael Burry who wrote (43892)	5/20/1998 2:28:00 PM
From: Walt Corey	Read Replies (3) \| Respond to of 176387

re: That's the point. Options are an off-the-books way of compensating employees while keeping earnings shining. Thats generally wrong. Options are a great way to FORWARD reward employees for good performance IF they hang around for the options to vest. This is generally a 3 to 5 year time frame AND the employee HAS to be continually employed for that period of time. My experience is that now a days it's tough to have employees stay 5 years so options are a very very inexpensive form of virtual compensation. Walt