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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: ed who wrote (30171)9/27/1999 12:54:00 AM
From: Uncle Frank  Respond to of 74651
 
>> The job function of the CEO is to manage the business of the company... he was over the boundary to talk about the things he should not talk about in public as the CEO of Microsoft.

ed, owning a few shares or a few thousand shares of msft doesn't give you the authority to write the CEO's job description. If he was over the boundary legally, he will have to answer in court. I doubt that will happen though. The US Bill of Rights applies even to CEOs:

Amendment I

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.


uf



To: ed who wrote (30171)9/27/1999 12:57:00 AM
From: rudedog  Read Replies (2) | Respond to of 74651
 
ed -
I've been reading this nonsense about the job of the CEO for a while - why do you presume to know what the job description is? For many companies, the job description includes managing share price and includes bonuses for enhancing share price. I guess you think that is inappropriate but it is commonly done and few think it is wrong.

I am pretty happy with where Gates and Ballmer have taken my MSFT investment over the years - I first bought in 1991. But then I don't much care about day to day price moves.

If you don't like the way MSFT executives are running your company, you can try to change the management through shareholder action (lots of luck on that one) or you can sell and invest in a company who adheres more to your philosophy.

But please stop this crap about the CEO's charter - it is whatever the board and CEO decide.

BTW, Ballmer is not CEO of MSFT...
from the MSFT web page

Organizational Structure Overview
In March 1999, Microsoft President Steve Ballmer and Chairman and CEO Bill Gates restructured the company into distinct customer-centered business groups. This reinvention of the company is part of an ongoing process and will be fully implemented over several months.

Indicating that Gates is still CEO.