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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (48234)4/12/2002 12:38:28 PM
From: rkral  Respond to of 64865
 
I know a CEO is supposed to stand by his company....but they owe it to shareholders to be honest.....if he thought sunw was overvalued at $80, he should have told us that rather then getting more bullish, while he sold millions of shares...

Imho, CEOs and company management are no better than the average Joe in predicting the stock market. They get caught up in market bubbles and manias too.

Ron



To: im a survivor who wrote (48234)4/12/2002 12:44:16 PM
From: Charles Tutt  Respond to of 64865
 
If he had said that, he would have been sued by the shareholders. BTW, the most bullish thing I remember him saying was, "I'm keeping my shares." The sales he made were option related (and I believe were reported as required so all could see); as far as I know, he still has his (large) core holding.

That said, I, too, have been critical of the interview of which you speak, but on somewhat different grounds.

Message 17234137

JMHO.

Charles Tutt (SM)


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