Ridgefield Park, N.J. (July 9, 2004) -- Whether or not technology companies support the mandatory expensing employee stock options, they seem to be preparing for its arrival by cutting their use of broad-based stock option grants, according to research by Mellon Financial Corp.
The high-tech industry has decreased its use of broad-based stock option grants by approximately 15 percent to 20 percent, according to two studies by Mellon Financial's Human Resources & Investor Solutions business.
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