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Technology Stocks : STEVE BALLMER MUST BE FIRED OR RESIGN -- Ignore unavailable to you. Want to Upgrade?


To: Charles Tutt who wrote (21)9/24/1999 11:01:00 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 33
 
charles, maybe cowtowing to the ludicrous greed of folks in the shorter term is a way to help shareholders longer term. i do think that grounding investor expectations in reality is part of his job. when a ceo thinks expectations are low and tries to raise them, da bulls pee their pants in glee.

then it is his job. but, this isn't about consistency, is it?



To: Charles Tutt who wrote (21)9/24/1999 11:27:00 AM
From: EyeDrMike  Read Replies (1) | Respond to of 33
 
<<The point is that (presumably) Ballmer isn't being paid to talk his stock down and hurt his shareholders.>>

That is my point. Seems some of the traders lose sight that this are publicly held companies with shareholders to whom company officials are responsible to, first and foremost. Post i made on another thread:

" Officials of a publicly traded company have a responsibility to protect the company, the compant's market share, and the company's market cap, and act in the best interests of the shareholder.

Shaving 25 billion dollars today off the Microsoft market cap clearly was not in the best interests of Microsoft sharehoders."