Compaq Message Board - Msg: 16989543

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Technology Stocks : Compaq

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To: Captain Jack who wrote (95010)	1/31/2002 11:19:53 AM
From: John Koligman	Read Replies (1) of 97611

What is it with every CEO I read about lately having 'a loan forgiven'... Bernie Ebbers of Worldcom gets in trouble with margin on a load of WCOM stock and the company gives him a huge loan (of which there are again rumors 'ol Bernie is in trouble as WCOM dipped into single digits yesterday). Ken Lay takes 200M out of Enron but his lawyer says 'he sold stock in August of 2001 to pay back a loan'... I guess Capellas' loan was forgiven because he used it for stock at 22 that is now worth only 12.... These guys can't lose. Why not go out on a limb when you always have your 'company' there to bail you out with shareholder cash.... Hey, if you need a boost in the share price to sell, just 'cook the books a little bit'... Regards, John

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