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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 148.32-3.3%Nov 14 3:59 PM EST

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To: chomolungma who wrote (10258)3/5/2002 1:43:39 PM
From: BWAC   of 10921
 
<board of directors. They are elected by the shareholders to oversee management. If a manager is rotten and is paid $600 million, then the board has failed the shareholders.>

Certainly. They have failed in their fiduciary duties to shareholders whether through incompetence or dereliction of their duties.

Who knows which. Its arbitrary. The only sure fact is that they failed.
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