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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Don Westermeyer who wrote (11574)	7/23/1998 5:16:00 PM
From: IceShark	Read Replies (1) \| Respond to of 164684

Not really true. They can give their employees options at any price It sure is if AMZN wants to keep playing the great "greed and rip off stockholders" game of the '90s. And it will have to be recorded as compensation cost to boot (difference between excercise price and FMV at grant date). This is a real problem if the labor market is tight (and the market value is so far ahead of itself), since damn near all employees were getting options. Does anyone know if the janitors were getting 'em too? -g- Regards, DWW

To: Don Westermeyer who wrote (11574)	7/23/1998 5:19:00 PM
From: BayPig	Read Replies (3) \| Respond to of 164684

>>>> Not really true. They can give their employees options at any price, not just at market value. Determining the price would be at best be very difficult. >>>> No, they cannot give their employees options at any price! The strike price of the options typically has to be within 15% of market value at the date of the grant. If they did anything different, it would have to be accounted for as current compensation for the employee and current expense for the company. BayPig