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Jun 30, 2000

Overhang hangover

The options for employee compensation

A few months back, I overheard the COO of a prominent dot-com company casually mention that her executive secretary, after two years with the company, held $2 mn worth of stock options. That evening, as I sat at my desk picking through my receipts and wondering if I'd be able to count a $7 burrito as an 'expense', I thought to myself: Why not convert my moderately impressive typing skills into an attractive secretarial options package?That was January, and as everyone knows, since then a vast

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