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

To: stephen wall who wrote (5974)	6/9/2002 8:02:13 PM
From: hueyone	Read Replies (2) \| Respond to of 6974

CEOs are like highly paid athletes," says Hambly. "If Alex Rodriguez (of the Texas Rangers) gets $25 million a year, then Derek Jeter (of the New York Yankees) will ask for $26 million next time." In baseball the compensation committees don't confuse the .200 hitters with Alex Rodriquez and Derek Jeter. Whereas in Silicon Valley, I think all the compensation committee members must have little pictures of Bill Gates and Andy Grove taped to the inside of their glasses. Every CEO is a superstar. By the way your article mentioned that the average CEO pay was 40 times the average worker's pay as recently as 1980 and that now it is 515 times. My guess stating it couldn't have been higher that 30 times in the fities and sixties was probably high. Larry Ellison was the highest paid exec last year, Michael Dell was number two and Tom Siebel was number three. Best, Huey