I was in another corporoate presenation. This time it does not even matter who the company is. My eyes were glazing over and I was thinking fondly of more pleasurable experiences like a dentist visit or a long que to use the restroom.
The guy in the podium starts talking about how even the receptionist in his office has a stock option and every time she picks up the phone she knows her action will make her richer... OBJETION MY LORD!!!! That's pure Baloney and let me explain how.
Let us assume, I had some Google stocks (God, I wish I did!). Will that make me go to a google every time I want to search some thing? Well... thats a bad example. I search for even the undergarments I can't find, in google and I am pretty sure their next beta version will handle the undergarment issue as well.
Let us take another example - How about if I hold some GM stocks, will I go out and buy GM cars or trucks, so that the company will benefit and so I can benefit also.
I guess the question is when does stock options have meaning and value - my contention is, it is only when one owns a sufficiently higher fraction and when one's action can affect the company directly.
A receptionist picking up a phone will not qualify under both counts. So, OBJECTION SUSTAINED !!!!
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