Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chuzzlewit who wrote (80437)	11/15/1998 12:26:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

Paul: Speaking of the same,read something on it in London Telegraph's business section earlier .According to them Microsoft is thinking about getting rid off their employee stock options plans,they don't yet seem to know what to replace it with.Anyway there wasn't too much details on it and it was rather sketchy.It also didn't mention whether this will apply to some employees or all.

To: Chuzzlewit who wrote (80437)	11/15/1998 12:35:00 PM
From: BGR	Respond to of 176387

CTC, You said: <My position is that an employee ought to be paid what he is worth in cash, and that the compensation needs to be open, above board, and visible to all.> IMHO, just as in financial markets, an employee should be paid what his/her discounted net _future_ worth is. Now how do you measure discounted net future worth? You may let the markets decide that for you and grant the employee presently at the money stock options (which should not be repriced). Distinction between cash and derivatives is simply an accounting issue. Accounting decisions are independent of compensation issues and I agree with you there. -Apratim.