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Technology Stocks : INPR - Inprise to Borland (BORL)
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To: Maher Sid-Ahmed who wrote (1537)10/29/1998 8:56:00 PM
From: Cube  Read Replies (1) of 5102
 
Maher,

Del can do wanders to the stock if he announces that he will receive only $1 per year until the company share price climbs to $20. Other CEO's have taken similar actions. Del should be satisfied with the options he was granted on 5% of the floating shares. This alone could bring him millions and compensate for salary lost if he is able to execute a turn around plan that pushes the stock up to over $20.

Problem is, Del knows the stock has no reasonable chance of appreciating enough to pay him enough. He HAS to rely on that massive salary to give him the life style that he thinks he deserves. If Del ever did what you suggest in the above post, then I would seriously consider going long on INPR. But that won't happen. Del goes where the money is, and right now that is in salary not in stock.

Cube
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