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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (18174)7/16/2003 12:23:13 PM
From: ge  Read Replies (1) | Respond to of 19079
 
It is my understanding that the reason that options are used is to provide incentive to increase share price, making the option valuable to the holder. The problem is that they are issued in the money and what incentive can 900,000 shares have for a man who owns over 1.5 billion shares. If someone who own 25% of a company doesn't have enough incentive to do a great job, then the wrong person is CEO. That has been my thinking for many years now. A few years back Larry received options worth over $600 million. That did us a lot of good (lol). The abuses to shareholders will continue till more and more of them find the exit and never look back. This company has become the privet play toy for little Larry. Even the reporting is no longer about ORCL the company but about Larry and his antics. Wall Street will continue to be reluctant to pay top dollar to own a piece of Larry's playground.