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wbmw

08/21/03 11:27 AM

#11726 RE: borusa #11724

Borusa, Re: AMD payed alot to pull Rivet away from Motorola. Thats the context in that particular Option Grant.

Thanks. I saw the post by (the artist formerly known as) 8-/. Apparently, the shares were issued as restricted stock.
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Tenchu

08/21/03 2:23 PM

#11756 RE: borusa #11724

Borusa, AMD payed alot to pull Rivet away from Motorola.

I thought AMD ends up paying for it anyway, whether it be through direct compensation or through one-cent stock options that dilute shareholder equity.

Hence the issue of accounting and expensing the options. All AMD ends up doing is shifting the "cost" to pull in Rivet toward expenses that are "hidden" to most of the public.

Tenchu
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Petz

08/21/03 4:39 PM

#11778 RE: borusa #11724

<AMD payed alot to pull Rivet away from Motorola> $210,000 of stock is diddly-squatt to get a good CFO. Remind me not to invest in any company that you ever try to run.

Petz