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

To: DavesM who wrote (4147)	10/26/1998 3:39:00 PM
From: Arrow Hd.	Read Replies (1) \| Respond to of 8218

True, there is a "profit sharing" tied to the employee's performance plan. Based upon how the employee does against his/her plan, the employess overall performance rating, their level and the performance of the business unit they are in, there is a payment in March of the following year and is somewhere between 5 and 15% of the employee's pensionable earnings. This becomes earned income not unearned which is how an exercised option would be declared. Either way it is money and is a benefit along with stock purchase, 401K, the regular pension plan and options if you get them. But IBM is retiring a lot more stock than what is needed for employee purchase or option exercise. Its most logical use would be for acquisitions which I dont believe is a dead issue.