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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Rob S. who wrote (83142)	5/6/2002 8:16:26 PM
From: 10K a day	Read Replies (1) \| Respond to of 99985

I think it will take years... I think the generals ...err General Electric and Microsoft...need to go down...

To: Rob S. who wrote (83142)	5/6/2002 8:25:05 PM
From: Hawk	Respond to of 99985

I think that if that the big boys are punished, they will punish the small investor as a scapegoat for ruining their cozy business. How will they do this, by driving stock prices down. They can make plenty of money shorting just as going long. I'm a little a bit sanguine about the boys on Wall street. H.

To: Rob S. who wrote (83142)	5/7/2002 5:48:24 PM
From: CF Rebel	Read Replies (1) \| Respond to of 99985

Hi Rob, I really wonder if very many individual shareholders care about what corporate managers are doing. I don't know of any shareholders rights organizations extant (although I know that T. Boone Pickens used to have one some years ago). There isn't even a thread dedicated to such on SI. Your reference to interlocking boards of directors, supposedly for the purpose of cross-pollenization of ideas, seems more for the purpose of self-enrichment through salary/bonus and option-awarding. They continue the practice of remuneration inflation. These directors and corporate managers work for themselves far more than the "owners." These folks are members of what I refer to as "The Club." Get an MBA, suck your way to the top echelons, become a member that finds the holy grail: wealth less through hard work for a commensurate salary, and more by a different kind of corporate raiding. The worst concept coming from this is that so many of these CEO-type of guns-for-hire stick around for not very long, only long enough to self-enrich and bail. And much of what they institute is high-risk business practice (ill-conceived mergers, selling of crucial assets, etc.) and they essentially bet the company with no risk of financial loss themselves (they just get less than they would have if the bet(s) paid off. Many companies are used as casinos by these high-rollers, using OPM. I think that options grants should be outlawed universally and warrants based on current share price (without any future repricing) be the reward for good performance. Until these bastards put their own capital on the line, I'm convinced that they won't remember or even care who they're working for. There are many other things that get my goat but this is chief among them. CF Rebel