[Ti] 10.2.8

Steve Wozniak steve at woz.org
Thu Oct 2 11:05:53 PDT 2003


At 1:28 PM -0400 2003.10.02, Jesse Brown wrote:
>Well, this'll get us right back on-topic again...
>
>Do you even know what you're talking about? Do you even know what a stock
>"Option" is?
>
>Stock options aren't dumped, they're executed. And the ordinary working
>stiff who is granted some stock options is unlikely to make large gains,
>often only a couple of bucks a share since that's all the difference between
>the strike price and the market price. And if my company's stock price is
>standing at a 2 year high and that represented a chance for me to cash in
>and pay the government a 40% capital gains tax, well then I'd do it - just
>like I have in the past.
>
>Also, profits are not redistributed in the form of "fat" stock options to
>insiders. Dividends "are" paid, but only after Preferred stock holders get
>theirs. Stock options are usually carefully managed by the BOD so as not to
>dilute the regular stock pool and institutional investors value.
>
>Your ignorance of the business process is overwhelming but typical of the
>liberal democratic view that all corporations are out to screw the little
>guy and need to be controlled by the state. It's kinda ironic in a way
>because that's exactly the Fascist model which Dems are so fond of laying on
>"right wing" conservatives.

This is not on topic, or even close.
-- 

Regards,

Steve  (is tv wake zone?)



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