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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Bob Martin who wrote (2793)1/22/1998 7:41:00 PM
From: Zardoz  Respond to of 18016
 
"...but there's nothing illegal about it."

1) Isn't there? Is it not a breach of trust when it comes to a CEO or insider being the property holder or lease holder to a publicly traded company that he is the insider or CEO too. Even if said arrangment is through a secondary public or private company. But that's my point from introductory law.

2) It's the right of the shareholder, reguardless of the number of shares, to question any & every thing a CEO, or director of the company does {but not employees}. I may not care as to what TM does, but if the other person is interested than go for it. Consult your lawyer, that's what they are there for.

Can this TM guy can show that his property is below, or equal to fare value on all leases? If not he may be liable for cost. What are the justification for the price increase? When it may be better for NN to build their own buildings, and not lease.