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wbmw

08/21/03 3:42 PM

#11766 RE: sgolds #11762

Sgolds, Re: AMD wanted to woo some important talent from Motorola, they paid a signing bonus.

Keep in mind that Rivet was not the only exec to get this kind of compensation. It seems that "restricted shares" are frequently doled out to executives, given the large number traded by various executives in the past year.
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Tenchu

08/21/03 5:59 PM

#11784 RE: sgolds #11762

Sgolds, then give the execs signing bonuses. Or give them actual grants of stock. The only problem is that you'll have to expense those types of compensation, something AMD really can't afford to do with all of its debt. On the other hand, with one-cent options, AMD doesn't have to expense a dime. Of course, they're essentially printing money, i.e. diluting shareholder equity.

Is it worth it? Well, the 15-year performance of AMD stock is no better than that of a checking account ...

Tenchu