Sunday, August 21, 2005

5 years after the tech bust, a sober, new reality

The Seattle Times covers the tech bust after 5 years.Things have changed at the big technology companies.
The stock-option gold rush is over, thanks to new accounting rules requiring companies to list employee options as expenses.

Microsoft, which minted millionaires by the thousands in the 1990s, stopped granting employee stock options altogether, replacing them with outright stock grants given more sparingly.