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Well, it probably has to do with FASB 123(?) which changed how stock based compensation is reported....which affects a company's bottom line, so it has become unpopular.

Also affected were Employee Stock Purchase Plans....which used to offer a 15% discount of the lower of the start or end of the purchase period as the purchase price. Which was great incentive for employees to acquire stock...but now that it is considered compensation....they only offer it with a much smaller discount at use the price at the end of the purchase period....and the discount is to offset handling/commission fees to get the stock (otherwise it would be considered compensation...)

Though I know that around this time, the company did come out with a new stock option plan...which they said would be restricted for use as employee incentatives. Though I haven't heard anything further, though it is hard learning things since I was part of the 3rd of the company to get the axe because it wants to acheive an 18% profit growth every year...under the assumption that revenues will remain flat.

At least the my remaining unexercised/vested employee stock options ceased to be underwater and I was able to exercise them before their change in expiration due to job termination.

Now I'm watching/waiting for a good time to sell the shares that I had acquired through ESPP....some of which I have to wait until next year for the long term cap gains rate.... Which'll hopefully be long enough for there to be a gain to benefit from holding on it.

The Dreamer.
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