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Technology Stocks : Semi Equipment Analysis
SOXX 299.48-4.8%Dec 12 4:00 PM EST
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To: EACarl who wrote (11681)9/18/2003 2:08:19 PM
From: Ian@SI   of 95579
 
Eric,

With most leading companies, somewhere between 75% and 90% of their shares are held by institutions (e.g. - Mutual Funds).

As Switzer has shown, these fund managers don't give a hoot about their own unitholders let alone the shareholders of some other company. What do you think the probability of bypassing Reg FD would be for a fund manager that dared vote against an obscenely ridiculous Option plan?

Ian

But lets remember it's not the CEO's that approve the option
grants, it's WE the shareholders. I for one, vote "AGAINST" the option plan on every proxy I get.
What amazes me is how these proposals ever pass!
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