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To: Diamond Jim who wrote (888)7/27/2000 7:15:30 AM
From: ecommerceman  Respond to of 5459
 
DJ--I agree it's possible that his salary is a problem; human beings respond to incentives, that's why capitalism works, and once someone has achieved an extraordinary amount of wealth, most (not all) humans will respond by kicking back and looking for ways to enjoy this wealth.

At the same time, I believe that this company's stock is ridiculously undervalued, and don't really know how much of the stock price problems are related to CC's "kicking back." I continue to believe that the problem is more the way the entire sector is being viewed, rather than a problem with CC himself. I am troubled, though, by his egregiously high salary on its own "merits."