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Technology Stocks : VA Linux Systems Inc-(Nasdaq:LNUX)

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To: puborectalis who wrote (248)11/21/2000 11:51:52 PM
From: Skeeter Bug  Read Replies (1) of 282
 
fallope, so much life that apparently the insiders aren't willing to take the same risk they ask owners to take. they take out $20-$25 million (if i recall correctly) in "non cash compensation" rather than just get compensated by a rising stock price.

perhaps some of this is for buy outs and the like. however, it is a REAL business expense and this company will not be profitable until its revenues are above ALL costs.

how come larry didn't discuss when they would be profitable including all charges? i think the market is seeing the nets get crushed and they realize that lnux supports the nets. period.

to say lnux has the best of all worlds (dell, etc.) is a joke. they can't prove they can make money yet - except for certain folks who get the "non cash compensation." they are REAL happy - even w/ a stock price of $10.
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