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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (55088)	4/8/1999 12:38:00 PM
From: Michael Bakunin	Read Replies (1) \| Respond to of 132070

In re ownership sharing, I am conflicted. As a market participant, I hate options; they dilute my ownership of residual earnings. In that sense, I am on Warren Buffet's side: if employees are worth it, pay them -- in cash. As an anticapitalist, I like employee ownership of production. In the end, the fact that options grants disproportionately enrich the already-overpaid and -overrich, and their use by startups as a fictitious lottery ticket to exploit engineers like you convince me that Buffet is right after all. -mb