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Technology Stocks : Seagate Technology - Fundamentals
STX 287.54+4.4%Jan 2 9:30 AM EST

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To: Sam who wrote (1597)4/1/2000 3:08:00 AM
From: Z Analyzer  Read Replies (1) of 1989
 
<<They don't "deserve" it, any more than, for example, a military contractor deserves to get paid $1,000 for a wrench, even if they manage to "persuade" the government to pay it. >>
Bad comparison. If a contractor gets the gov't to knowingly do so then the gov't is just stupid. Management has a fidiciary obligation to shareholders which is the highest legal responsibility to place the shareholder's interests ahead of their own. Clearly, this has already been violated and it won't be corrected merely by sweetening the pot. Unfortunately, this type of situation is so rife with conflict of interest, it should probably be banned altogether.
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