Re: Subject: stock options

Subject: Re: Subject: stock options
From: "Mark L. Levinson" <nosnivel -at- netvision -dot- net -dot- il>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Mon, 25 Mar 2002 00:21:40 +0200

Kevin writes:
> Management *always* covers their butts,
> sometimes in surprising ways.

Oh yes indeed. The bigwigs, who own the vast
majority of shares, can change the rules of the
game at any time. For example they can issue a
new class of shares which they get and you don't,
and give all the benefits to the owners of that
class. Basically, you're dependent on their
good will.

Mark L. Levinson
Herzlia, Israel
nosnivel -at- netvision -dot- net -dot- il

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RE: Subject: stock options: From: Kevin Christy

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