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


To: rkral who wrote (6768)6/11/2003 3:21:16 PM
From: JakeStraw  Respond to of 6974
 
I hope Tom was sweating... After all he needs to earn all those millions he made on the backs of stockholders...



To: rkral who wrote (6768)6/11/2003 3:32:25 PM
From: hueyone  Respond to of 6974
 
Re: Webcast

Yes, I am listening. The last speaker from AFSCME said that 29 out of 100 resolutions to expense stock options at companies have passed, and that the votes in companies overall have been running at about 45% in favor of expensing.

The first speaker from TIA CREF (sp?) was really ripping management. Results coming:

Both the Equity Proposal from TIA CREF was defeated and the Expense Stock Option proposal was defeated. Don't know the percentages yet.

Regards,

Huey



To: rkral who wrote (6768)6/11/2003 3:44:18 PM
From: hueyone  Read Replies (2) | Respond to of 6974
 
TIAA-CREF's proposal (number 4): 62% against

AFSCME's proposal to expense options (number 5): 65% against.

Tom Sebl speaking now. The guy is bragging about his low salary compensation now the last few years, but neglects to mention his 311 million in compensation from exercising stock options. What a jokester!!

Sebl's indefensible stock option grant rate:


Shares Outstanding Options Granted
Beginning of Year During Year
Year (Thousands) (Thousands) Grant Rate
1996 16,498 9,701 58.9%
1997 33,604 4,557 13.6%
1998 85,864 18,731 21.8%
1999 182,036 26,511 14.6%
2000 402,779 46,764 11.6%
2001 442,392 110,836 25.1%
2002 446,950 5,887 1.3%
Source for beginning shares and option grants: SEBL 10Ks


JMO,

Huey