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Technology Stocks : Scientific Atlanta -SFA- going up ??? -- Ignore unavailable to you. Want to Upgrade?


To: JCS who wrote (914)8/23/2000 10:26:37 AM
From: Allegoria  Respond to of 1045
 
JCS, I never mentioned or implied that "the guy running this great company" shouldn't be rewarded above and beyond his salary. (By the way, the guy is James McDonald.) With 67.2% institutional ownership of 159,259,000 outstanding shares, my point was that the 2 million shares represented a significant reward to one individual.

Getting real man...
Eric



To: JCS who wrote (914)8/23/2000 5:42:56 PM
From: Webster Groves  Read Replies (1) | Respond to of 1045
 
Incentive ......

<<So you don't think the guy running this great company should be rewarded above and beyond his salary? Get real man. I don't know about you, but I bought my shares at $15 and am quite content to allow him to turn back the clock and get wealthier, especially if that provides incentive to increase shareholder value further.>>


Interesting attitude. Executives aren't expected to work for salary anymore, they need incentives. I understand the tax advantages for the executive, and the bottom line advantages to the company - you pay his "salary" when you buy the stock. But really, do you think an a $20,000,000 incentive will produce a better result than a $5,000,000 incentive ? Get real, most companies are run for the benefit of the executive class, and it's a one-way street called Easy. But if a few pennies fall to shareholders, it's OK with you.

- wg

P.S. I'm long SFA.