[Am-info] "Fool me once ..."

[Sujal Shah]

This seems like a decent plan, to be honest... they're helping current
employees with underwater options gain some money for those options. 
The restricted shares are commonly given to executives... are you
arguing that executives are getting shafted in many companies across the
U.S.?

Seriously, the restrictions are pretty basic.  Also, they're expensing
them on their earnings, thereby making their earnings more transparent. 
This is a good move all around from what I've read.

Am I missing something here?

I'm sure their employees are getting paid just fine... stock options in
a company like Microsoft are generally not about base compensation, but
about growth.  They are incentives to perform well... I don't think
people plan on having the options worth something when they do their
budgeting.  I haven't, and my options at my current company are worth
money and almost always have been since I started working here.

Sujal

On Wed, 2003-07-09 at 12:22, John J. Urbaniak wrote:
> Once again Microsoft is scamming its employees.
> 
> For years, Gates paid Microsoft employees with Stock Options, which have
> turned out to be worthless.  They worked and slaved for him and Ballmer
> and ended up with nothing.  (But of course, Bill and Steve dumped lots
> of their stock and cashed in over the years.)
> 
> Now he's trying to pay them with "Restricted" Stock.
> 
> Restricted?
> 
> If I were a Microsoft employee, with expensive mortgage, car, school,
> ... bills to pay, I'd tell Bill Gates where to shove his *restricted*
> stock.
> 
> I'd say "Pay me with REAL MONEY!  Money I can use to pay my bills.  You
> got your money, Bill and Steve.  I want mine.  NOW!"
> 
> As they say, "Fool me once, shame on you.  Fool me twice, shame on me."
> I just wonder how stupid those Microsoft employees can be.   Will they
> fall for this new scam on their livelihoods?
> 
> Of course they will.
> 
> John
> 
> 
> 
> 
> 
> 
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---- Sujal Shah --- sujal@sujal.net ---

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