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 : Apple Inc.
AAPL 256.44-0.7%Jan 28 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: cirrus who wrote (59752)12/28/2006 12:23:49 AM
From: David Bogdanoff  Read Replies (1) of 213183
 
"One doesn't reach into a drawer, grab a handful of options and "hand" them out like candy. Nor could Jobs simply reach in and "take" them. There is certain paperwork required and until that happens the options don't exist in the real or legal sense."

right on. Said options must have had the look and feel of genuine options, with proper signatures coming from standard authorized sources(otherwise they would be a total forgery as opposed to invalid on a technicality). Sort of like a company paycheck must carry the proper signatures, be recorded in the appropriate accounts, etc. Only a few, perhaps only one, person could issue an option just like only a few persons can issue a paycheck. I doubt that person has the initials SJ. jmo.

Bogtalk
p.s. I too find it far fetched that there are forces within the company who would or could force its key executive out in the interest of good governance or public image. For that to happen a serious criminal conviction(remember Martha Stewart) would have to happen. jmo
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext