SSA (SSAX) BPCS/Client Server Message Board

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Technology Stocks : SSA (SSAX) BPCS/Client Server

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To: IngotWeTrust who wrote (516)	1/30/1998 11:12:00 PM
From: MAURICE J. SADOWSKY	Read Replies (1) of 915

I think we have a generation gap problem here--COO is Chief Operating Officer; CEO is Chief Executive Officer--that is where the buck stops. Covey can remain Chairman of the Board but will not make any executive decisions in the operation of the company--Only the Board of Directors as can fire the CEO--a CEO can replace, overrule, bypass, etc. a COO. Covey will probably retire from all active participation in the management of the Company on Nov. 01--might even go back to teaching at the University of Chicago. He is into Chinese Art in a big way and is a serious collector--he might even clip cupons--but he will not run SSAX after Nov. 01.

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