SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CustomTracks Corporation (CUST)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J.Y. Wang who wrote (1831)8/3/1999 7:28:00 PM
From: Mike M  Read Replies (2) of 2514
 
No. I "pretend" that $200,000 worth of stock for ***someone who has about $140,000,000 of stock*** is miniscule.

Let's try it this way Wang...then I give up on you...(talk about reading comprehension)....

Do you know how much money Mr Cook paid out of his own pocket for his "$140M" worth of stock and options (assuming your numbers are correct)? Probably not one penny...It is his because he is a participant in the start up of the company....GET IT?

NOW THEN, If is is restricted...How much can he sell it for right now? Zero....nada. His options....Again zero!

SO...If he wants to buy $140M more worth of stock how can he do that?....Go to the bank and ask for a loan on his $140 M worth of stock? Not likely. No bank in the land would be willing to loan the money on restricted stock to buy more of the same. So how does Mr Cook buy more stock if he thinks the company is worth more money? He buys it with his own real money.

Maybe he has a few million in the bank and should have bought more to satisfy you that this wasn't just an insider trick. Maybe it was all the spare cash he had lying around and he couldn't find a better stock to buy anywhere....

I don't know why this concept is so difficult for you to understand but I don't have time for your antics.

My participation in CUST, by the way, was recorded on this thread long before deadheads like you showed up. If you choose to believe that people take credit for trades they do not make fine. I could not care less what you believe...It just goes back to why you choose not to believe. Probably related to knowing that what you say is not to be believed so why believe others.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext