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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Percival 917 who wrote (12123)12/6/1999 2:26:00 AM
From: Seeker of Truth  Read Replies (2) of 54805
 
Probably we shouldn't look at the top people's compensation in isolation from that of the rest of the employees. If the top person(s) don't have stock options, a la Home Depot or Berkshire Hathaway, the feeling of inequality with and/or
resentment of the the top boss(es) isn't there. It improves morale. Obviously that's not the only way to run a company. I'm long SEBL; it's been a wonderful investment. But I'd have to admit that Mr. Siebel looks a bit more greedy than the top pair at Home Depot or the CEO of itwo. The ultimate gorilla, MSFT, gives generous stock options to the boss. Therefore we can't classify most compensation schemes as important. But I have heard of tremendous overcompensation at Cendant and Computer Associates. In such a case it becomes important.
JMHO.
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