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Technology Stocks : MAXIM Integrated Products -- Ignore unavailable to you. Want to Upgrade?

To: Howard Bennett who wrote (245)	7/13/1998 6:45:00 AM
From: Meghan Richards	Read Replies (1) \| Respond to of 377

<< This is so true. MXIM does not pay premium salaries (though they are competitive)...almost everyone in the company participates in the stock purchase plan. >> Maxim's stock purchase plan is pretty much standard stuff in the industry. In addition to this, they are big in giving their salaried employees "stock options". Relative to their use of stock options, their stock purchase plan is only a drop in the bucket. Stock options can basically be considered as no risk investments on the part of the employee. If the stock appreciates, the employee pockets the difference between the excercise price and the current stock price. In essence, the investors are paying Maxim employees handsomely for their performance. If the stock depreciates, then there is no loss to the employee. It's basically a no-risk investment. It is common to dole out stock options when an employee is hired and again at each of their reviews. Maxim has used stock options wisely to retain a talented work force. It also treats their employees as capitalists (which is basically reality) and allows them to be compensated for improving the stocks share price. In esscence, Maxim has a lot of well motivated employees that put the share holders best interests at heart.