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 : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Grinsell who wrote (10538)	2/5/1999 7:47:00 PM
From: Patrick Grinsell	Respond to of 16960

Low down on the ensoniq/creative thing... messages.yahoo.com@m2.yahoo.com I don't know if it's true, but it's a very interesting read. Pat

To: Patrick Grinsell who wrote (10538)	2/5/1999 7:49:00 PM
From: Michael G. Potter	Read Replies (3) \| Respond to of 16960

I second Pat's views. I much prefer cash bonuses tied to specific performance metrics (I get a bonus that is paid that way myself). I also think that some options are good as they tie in the stock price performance to management's compensation. Options should be focuses on long-term growth. Many of the executives that received the repricing only were hired in 1998. Ballard and others have said again and again that 1999 will be the year of 3Dfx. Then they reprice their options? My main problem with options playing a large part of compensation is that they are a sham. They have some use when a company is cash poor, but 3Dfx is not cash poor anymore. They increase dilution and represent a real cost to a company. If 3Dfx had to take an additional income statement hit, do you think they would've repriced the options? Michael