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To: oldirtybastard who wrote (60243)	1/22/2001 1:36:45 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 436258

>for no money down and no interest until 2002, that pretty much says it all. >I wonder if that full sale revenue is booked at the time of sale too. No private company would ever do something that stupid. The only reason things like that are done today is because public company executives makes hundreds of millions of dollars through selling stock, not product. Anything to make wall street happy makes their stock worth more. You think they could give a rat's ass about what their actions do to the company in the long run? As someone before me said: "If you reward someone for a job BEFORE they do it, why in the world would they stick around to actually do the job?" aka every inut exec who has jumped ship after cashing in hundreds of millions.. this is the most PROFOUND and tough concept that american investors will have to come to understand. If you give some schmuck a billion dollars upfront because he says he can make a better widget that will sell a billion copies, why should you be surprised when he takes the money and runs before "profitability" occurs? To the exec, the "profitability" occurred when he dumped those shares to the public and bought a yacht! Last time I checked there was no law that said your company had to be profitable before you dumped shares.