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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: Richard Tsang who wrote (3668)	11/21/1998 6:26:00 PM
From: gc	Respond to of 4509

Another reason is they do not understand it the way you and I do. they can move on to another stock Hey, that's me. Remember Chairman Mao's guerilla tactics? When you can't win the battle, you can at least flee from the battle so you never lose a battle. I'll let you two smart guys to fight. I am fleeing to internet stocks. gc.com

To: Richard Tsang who wrote (3668)	11/22/1998 12:00:00 PM
From: Dave O.	Read Replies (1) \| Respond to of 4509

Re: Repricing of options One other thing to think about ..... what happens when we enter a bear market? Will we see most companies, whose stock price has declined, repricing options? After all they can use the same arguments; that they need to retain key people, etc. And although that has some legitimacy, nonetheless, stockholders (other than employees) are the ones who get screwed. Many small retail shareholders are clueless. I have no position in PSFT but if one looks at a chart going back just a few years they'd see that PSFT still has done remarkably well, was a $2 stock in late 1994 (split-adjusted). There are likely some PSFT employees who are very well off. Dave