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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: mepci who wrote (15253)8/17/2002 9:42:08 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 78525
 
mepci, >>you got results.

I am sure I was not the only person communicating to the SEC on this company.

>>Law says that you cannot be fiduciary to dual interests.

This is an interesting problem. If we look at company stocks throughout the 1990's stockholders equity has been deteriorating relative to revenues and profits as the company management’s have been collecting and selling company stocks through options. Wonder how things like this can be proven that the Boards of Directors were not meeting their fiduciary responsibility.

I am sure Lawyers with fight this in the courts during the next 10 years.