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Technology Stocks : Compaq

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To: Jim McMannis who wrote (45637)1/27/1999 11:46:00 AM
From: Loki  Read Replies (1) of 97611
 
Jim McMannis...shareholders elect a board of
directors who then strategically "direct" a corporate management.

A management should have at interest the board's (reperesenting shareholder) interest and customer's interests.

There can be overlap. (management on board and management or board
members are shareholders.)...leading to "conflict of interest".

There are many laws and precedence detailing corporate governance
in order to prevent "conflict of interest".

As an individual shareholder (not having the weight of an institution or rudedog) one must understand shareholder rights and responsibilities...and risks. There will be time when corporate
management does not take into consideration the "immediate" fiduciary
benefit of the single shareholder.
If management has acted judiciously and within the law then the only
recourse for the individual shareholder is to voice an opinion and
vote at a shareholder meeting...or liquidate the equity.

Let's wait and see how this will play out.

Loki
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