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Strategies & Market Trends : Value Investing
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To: mepci who wrote (15257)8/19/2002 12:07:48 AM
From: Joan Osland Graffius  Read Replies (1) of 78534
 
mepci, >>I think we have a strong argument in favor of totally independent boards.

I don't think independent boards are going to be a problem and the system will force this in the end.

Companies like Dell and Intel would have a hard time showing profits if they would expense options and the public would not own the stocks when it is crystal clear that they are not generating wealth for the stockholder - then management could not have the salaries they have been making. These companies are going to fight this to the end since the balance sheets can not handle the salaries including options that these boys and girls have been making.

Interesting times.

Joan
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