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Technology Stocks : PairGain Technologies
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To: R. Murphey who wrote (35495)1/13/2000 10:02:00 AM
From: BWAC  Read Replies (1) of 36349
 
Murphey,

You have missed the whole point. Those shares were more than likely received as an option grant. Part of the 'pay for performance' of these great executives.

For example these great managers have been executing and holding options that cost them 7 cents. As each of these options is issued, the company suffers dilution. SO it cost the company a whole lot more than 7 cents.

For them to profit ANY is wrong. As they have so poorly executed a business plan and returned value to the shareholders.

Its irrelevant what % of their personal holdings or net worth they sold. Whats relevant is the utter disregard and responsibility to the shareholders. They screw up, mismanage, misexecute, lose market share, and reap tremendous option grant profits. AND THAT SUCKS.

Thats the point.
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