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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: cfimx who wrote (62006)	9/23/2004 12:15:49 PM
From: QwikSand	Respond to of 64865

Schwartz' pony tail PR means nothing to me, and you're right, it should mean nothing to anybody. But I don't care whether they're buying the stock or not. I care whether they're coming up with the products. That's Bechtolsheim, not Schwartz. If someone was giving me millions of options, I wouldn't be buying the stock either. Basic diversification. I know some insiders with options risk their own money, but that' mostly a grandstand play, another version of playing to Wall St. --QS

To: cfimx who wrote (62006)	9/23/2004 12:21:32 PM
From: E_K_S	Respond to of 64865

Sun man gets 56 per cent pay hike (http://www.theinquirer.net/?article=18632) Collects more than his boss By Nick Farrell: Thursday 23 September 2004, 07:43 SUN'S NEW number two, Jonathan Schwartz, has seen a 56 percent boost in his salary over the last year and is getting paid nearly seven times more than his boss Chief Executive Scott McNealy. Schwartz was paid $677,000 in fiscal 2004, a 56 per cent raise over 2003, while McNealy gets only $100,000. According to a Wednesday filing with the U.S. Securities and Exchange Commission, Schwartz's salary of about $559,000 was supplemented by a $108,000 bonus, $6,000 for other compensation and $3,500 for patent applications. In addition, he was awarded 1.5 million stock options. Sun has been taking drastic measures to push itself into productivity including three waves of lay-offs. In the last quarter the company has returned to profit but is still a long way from where it was five years ago. But then, aren't we all?