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BB&T Corporation Message Board

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  • jim56442 jim56442 Apr 28, 2005 11:34 AM Flag

    All I have to say...


    So while the shareholders value on a share of stock was losing value you were receiving options at the lower price.

    You posted that 2001 options were at $36.59 and 2003 options were at $32.66. A shareholder during this time frame had shares that decreased in value of $3.93 a share over the two years.

    The company's reward for the above performance to the shareholders (owners of the company) was to issure options at the $32.66 price to you. These options are to buy a share of stock at $32.66 and good for a ten year period.

    That's real loyalty and working for the good of the shareholders (owners) of the company.

    Not sure if this should be something that one would brag about or not. What did you do for the shareholders to deserve this windfall?


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    • Jim, you can't be that ignorant. Thousands of BB&T employees every year qualify for options in late February - at a price the stock is trading on the day options are awarded. It's called incentive and hundreds of companies across America do this for their employees. That includes your new found supporter, Mr. dc, who like the rest of us better be busting his or her tail for the priviledge to earn this incentive.

      Jim, I knew if you hung around this board long enough, you'd find yourself a partner who has the same penchant for supporting arguments with inaccurate and misleading information. You guys are like Laurel and Hardy. You whine about how low the stock is and dc whines about how high his option is. Who's on first??

      • 1 Reply to wilsonbbt1872
      • Wilson,

        I know how options work and according to the company's PR are suppose to be incentives for jobs well done.

        As I stated in my last post the shareholder's shares had a decrease in value of $3.93 a share during the two year time frame you mentioned from 2001 to 2003.

        What benefit did you provide the shareholders (owners) of the company for the years 2002 and 2003 that you or anyone should be getting options that were below the share price (option issue price) in 2001?

        Does the qualification for the options you mention just mean you have to be on the job? All that the shareholders received during this time frame was a decreased value per share and then their reward is options issued at the new lower price that creates a dilution of their shares.

        If my memory serves me correctly and I think it does you and your associates have been proven wrong time after time so I wouldn't be talking about inaccurate and misleading information if you expect anyone to believe your posts.

        My question was and still is:
        "What did you do for the shareholders to deserve this windfall?"


    • Jim-

      Thanks for the support.

      Between Wilson, Stil and Fan, they would rather haggle over the intimate details of a post versus focusing on the overriding message.

      You raise a very good point, and one that needed to be made.

      I'm sure both Stil and Fan know about the Senior VP who resigned today from the DC region? He wasn't a big loss though. KK flew up to try and save him, but had no luck.


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