SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Tektronix

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jay King who wrote (69)8/20/1997 9:51:00 AM
From: GURUMAN   of 193
 
I thought that upon reading of the share buy back to support price levels due to share issuance to insiders that things would be better than this. Certainly all of this negative volume could not be due to insider trading with the Prez' 7M compensation that would amount to only 7M/approx 60 = 110k shares. Since they are going to buy 1M shares,I wish they would get started so I could quit losing money. I need to start keeping better tabs on the company. It seems like that when they have share buy backs the price goes lower, historically speaking. How can that be? I agree with you a share price 20% lower would get me more POd than I already am with the management. This would cause me to feel more strongly about executives that have no real interest in shareholder value,but do have an interest in yo yoing the price to fit inside of the stock appreciation guidelines of their stock option agreements. This is why they should make these things much more long term oriented. Until I get over this feeling I will continue to vote against options for the top people at TEK. Many of these people have been their for greater than 10 years and if they leave due to no options then good, their performance hasn't been worthy anyway. If no options is the only way to get them out then so be it. After they are gone I would then vote for options to attract some talent since the spirit of options would then be genuine, instead of a giveaway to a bunch of non-performers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext