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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (14018)2/27/2002 8:44:34 PM
From: jeffbas  Read Replies (1) of 78673
 
One brief comment on options that I did not see made. In at least the technology area, there is only one way that a small company could attract a senior level management person from a successful company to be CEO - OPTIONS.

XICO is an example, where Lou DiNardo left a high level job at LLTC (and a load of goodies) for the opportunity to run his own company as CEO, plus 600,000 options at the prevailing price of $3.75. Boy am I pleased with the job he has done, after being stuck with the bumbling founder for too many years. I consider this capitalism at work.
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