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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Tam who wrote (5906)6/6/2002 11:15:35 PM
From: David Howe  Read Replies (1) | Respond to of 6974
 
Why is that? The only reason that his options were worth that much was because the stock price increased. Any options he is granted in the future will only be worth something if the stock again increases in price.

That's in the interest of the shareholders if anything is.

IMO,
Dave



To: Thomas Tam who wrote (5906)6/7/2002 2:15:35 AM
From: hueyone  Respond to of 6974
 
I would be much more in favor of paying them (CEOs) a million or whatever number is "fair" and reduce the number of options they receive.

No argument there. The notion that the founder of Siebel needs additional slices of the pie to align his interests with those of shareholders is ridiculous. And why do shareholders need to pay Tom Siebel 175 million dollars to lose 467 million dollars for the company? I would be willing to see that the company loses 467 million for only half that much pay.<gg> The only shareholders making money from this company for three years running has been insiders---mainly Tom Siebel. See my post below.

Best, Huey