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Strategies & Market Trends : Good Investment Theses: VALUATIONS w/ FUNDAMENTAL ANALYSIS -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (75)4/24/1999 6:49:00 PM
From: Edwarda  Read Replies (1) | Respond to of 160
 
Okay, kitty, up on my lap where I can get your attention and stroke your pretty fur. Like that? Ah, you are purring....

You try to bind the employees with options on stock that may have a powerful upside and make them (they hope) wildly wealthy if they stick around for full vesting.

(don't you even think of scratching me....)



To: Chuzzlewit who wrote (75)4/24/1999 6:56:00 PM
From: The Philosopher  Read Replies (1) | Respond to of 160
 
Yeah -- Borders' pres was fired after about 6 mos on the job (and shortly after I picked some up at a bargain) and they now say his buyyout will charge 4 cents a share. Haven't seen yet how much of that is buying back options, but it's damn hard to see how the shareholders benefited from this one.