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Technology Stocks : Seagate Technology
STX 270.10-2.4%Dec 1 4:00 PM EST
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To: La Traguhs who wrote (5513)8/25/1998 4:12:00 PM
From: William Epstein  Read Replies (1) of 7841
 
La Traguhs;

I hear the other shoe dropping. Very often, when a chief executive departs you start finding out about the disasters weeks or months afterward. When he is in power he can cover up but his successors eventually expose him, in order, to cover themselves and to justify their own actions. A $300 million boondoggle is enough reason to can any CEO. Let us hope there aren't any more little disasters coming down the pipeline.
William Epstein
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