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Technology Stocks : Remedy Taking a hit why? -- Ignore unavailable to you. Want to Upgrade?

To: kgreen who wrote (547)	5/7/1998 10:13:00 AM
From: seth thomas	Read Replies (1) \| Respond to of 763

In fairness, you also have to look at the fact that the CFO has been there for some time - I believe over 4 years - so he's probably fully vested. And, the kind of person who would join a company at $2.5 MM is very different from one who would enjoy it at $150 MM. At $2.5 MM - you're an entrepreneur. you get financing, take the company public, build systems, develop strategy, etc. At $150 MM - you're in meetings all day long and become a bureaucrat. I'm sure this guy, with his track record, could find incredible new deals - maybe he's even looking for a CEO job. I wouldn't read much into this that we don't already know. He's been there long enough that he probably just wanted a change. The other possibility is that he is taking some heat inside from the board/CEO for not getting the stock price up - which would be a little unfair given their revenue results. I could see the board and key investors getting on the CEO, and the CEO has to find some scapegoat somewhere. Again, in this situation, I think the news is a non-event.