stock and options soared, producing a profit of $1.1 million.
Along the way, profits for Dell executives from stock options soared to amazing levels, and Michael S. Dell, the founder, chairman and chief executive, evidently concluded he had erred by not taking options during the company's early years.
In the poof of a press release, employee stock options soared in value, issues of new stock and convertible bonds commanded higher prices, and the ability to make acquisitions was amplified.
"Should I bring him down, should I scream and roar, should I speak of cash, let my options soar?
But those who started at the company a year ago, or even three months ago, are seeing their options soar in value.
Vegan dishes used to be restricted to wholefood cafes, but now Wetherspoon pubs have recently launched a vegan menu, while Pret a Manger has seen sales of its vegetarian options soar, and is introducing two new vegan specials every month over the summer.
In following years, options issuance soared.
The Internet revolution alone has created an army of overnight millionaires, and the number of Americans holding at least some options has soared to an estimated 10 million today from 1 million in 1992.
By the end of the 1990s, however, the average for Fortune's top 100 was $37.5m, or 1,000 times the level for ordinary workers.Much of the explosion in the pay of top executives was accounted for by grants in shares and (especially) share options, which soared in value during the stockmarket bubble.
As Bloomberg noted in its piece, "average CEO pay was 430 times larger than for typical workers" and at nine of those 20 banks the value of stock options has soared $90 million this year, based on the study's examination of corporate proxy statements.
Fact is, the "UWS" has never been at a loss for terrific places to eat, and in the last five years the exciting dining options have soared, from Lincoln Ristorante at Lincoln Center to Daniel Boulez's Bar Boulud and Boulud Sud, from Picholine to The Leopard, from Porter House to Ed's Chowder House.
