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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?

To: Ben Antanaitis who wrote (4132)	10/26/1998 10:34:00 AM
From: Skeeter Bug	Respond to of 8218

ben, some of those key people may decide to move elsewhere when their incentives are no longer, well, incentives. happens all the time. my friend works for a disk drive maker and saw $30k profit turn into options with a strike 300% above the current stock price. he said he isn't interested in stock anymore. it would be better if he never had the options. can ibm afford to lose some of these key people? maybe, maybe not. it is a risk.

To: Ben Antanaitis who wrote (4132)	10/26/1998 2:40:00 PM
From: Arrow Hd.	Read Replies (1) \| Respond to of 8218

Stock options are used more today but only a handful of employees get any and the amount is small. The executive ranks (Division Director and above) is where options kick in and not all executives get them either. Depends upon who you are and where you sit in the executive resources pecking order. The employee package is centered around a stock purchase plan (discounted), a 401K (IBM matching to a point), and a retirement pension (average level of competitiveness overall but rare for a tech company).