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Post# of 435829
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Desert dweller

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Re: satyaa post# 215225

Wednesday, 04/09/2008 10:05:16 PM

Wednesday, April 09, 2008 10:05:16 PM

Post# of 435829
Thanks for the update.

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DD,

Many of the ESPP plans allowed employees to purchase shares at 15% discount (that was historical). Modification in the ESPP becasue of changes in the accounting rules (the firms can now offer a max. discount of 5%) has made it less attractive across firms.

JMO


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