Mary,
There's no question that a VP of Marketing doesn't help the company's image when he sells all of his options. At least, he doesn't help it in the eyes of institutional investors.
But why do you give him no credit at all for Iomega's success in marketing?
>> But the cheerleading endemic to these boards, has allowed Kim Edwards to believe in his own ominipotence<<
Do you really think so? Do you think Edwards has the time to read all this noise? And if he did, do you think he would believe it?
Actually, instead of asking whether or not you believe that KE reads this board and Motley Fool, I should ask whether you know of any evidence to indicate that he does.
But I shouldn't concentrate only on the parts of your posts with which I disagree. I love this paragraph:
>>Instead of shouldering the vision, the small Hill saw only the large mountain of shares, given to spur his committment and dedication to the company (Options are not given only to make you filthy rich, never having to work again). Integrity dictates a tunnel vision approach, a faith in the future and the consumate, selfless, obligation to shareholders and fellow employees. IMHO there are NO good reasons for him to sell out (all of his shares). We must never forget that the original people in Roy, Utah (several hundred laid off production workers) were sold out. <<
Still perhaps a little harsh with respect to Hill, but there's unquestionably a portion of truth in it.
- Allen |
