How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 491.12

+1.7%

Dec 8 3:59 PM EST

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To: Harvey Allen who wrote (48714)	8/25/2000 1:01:32 PM
From: Charles Tutt	of 74651

Having served on the Board of a corporation with a "dominant" shareholder, I can tell you from first hand experience that it presents difficult philosophical and strategic (and probably legal, as well) questions. After all, isn't the Board supposed to represent the interests of the majority of shareholders? If one of them, with a stock position that swamps that of any other, is sitting next to you at board meetings, tells you directly that his interest (and that of his fellow shareholders) is best served by approving proposal A, and further lets you know that if you disagree you will soon find yourself no longer on the board (and so unable to have any effect on future decisions), doesn't that make it rather difficult to vote against A? JMHO, as usual.

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