Chuzzlewit, regarding your posting:
<<Just to give folks on this thread a flavor for the magnitude of corporate largesse, Yahoo insider provided the following data for Kevin Rollins:
From the period Jan 1998 through September 1999 he exercised options on 1,304,000 shares (split adjusted) at a price of $0.88 each for a total of $1,147,520. He sold those shares for $53,836,500 for an immediate gain of $52,688,980.
How do you suppose investors would react to management if they saw those numbers as part of the income statement?>>
Chuzz, as you know, the option game has been going on "forever". Those at the top are always going to make the bucks, and all the other can go to...well, you know where. And, this includes the shareholders.
I have asked a number of times on this thread...why doesn't Michael Dell and his Sr. Management Staff stop selling their stock until they start seeing shareholder value increase? "Value" meaning the stock's appreciation. Yes, I know this is pie-in-the-sky thinking.
JMO
Stock Bull |
