Lizzie:
With all due respect, how on earth do you come up with your claim of co-founders owning 25% of the company?!!
Please read my previous post (http://www.siliconinvestor.com/readmsg.aspx?msgid=18030600). - and just to summarize and highlight some of the documented facts - as noted in my previous post - :
The most recent seller, ironically (or expectedly) was Henry Samueli, disposing of another 50,142 shares at $17.89. He now owns a total of 4 shares, yes, FOUR shares.
Henry T. Nicholas III, Chairman of the Board, owns 107 shares – YES 107 shares – as of as 08/19/02. At no time has Nicholas, or the Nicholas Family Trust, ever owned more than 107 shares each.
Vahid Manian, VP, appears to have the most "faith" in the company, holding a total of 61,674 shares as of 11/13/01, though keep in mind he's already unloaded more than 4 times that amount, 259,200 shares, for a total take of $33,171,335.00.
In essence the main insiders (i.e. executives, and co-founders) own literally 0% of the company (give or take 0.01% of course)! |
