To: CDMQ who wrote (12321 ) 7/13/1998 11:03:00 PM From: Shi Read Replies (3) | Respond to of 152472
"THIS STOCK IS BEING MANIPULATED"-translated from Stockholm Financial Insiders (7/7):Industrial Giant Gave New Meaning to the Employee Stock Purchase Plan A major Swedish telecommunication equipment maker has given a whole new meaning to the employee stock purchase plan: its employees not only get 15% discount buying its own stocks, they also get 15% discount buying the stocks of its competitors, but only when they are told to do so. Every week the company's strategic operation department issues a guidance of buy and sell of its competitors' stocks to its 70,000 employees. The employees then have the option to trade according to the guidance and get a 15% discount in the case of buying and a 15% premium in the case of selling. But according to the employee handbook, they are forbidden to act contrary to the issued guidance. Violators are deemed counteractive to the company's strategic alignment and are usually fired immediately. "The plan has been working extremely well," said Dr. Bill G. Wuntubi, Chief Strategic Officer of the company and the master mind behind plan, "it is working well because as Sun Tze said 2000 year ago, the best way to defeat the enemy is not achieved by military supremacy, but by demoralizing them." One such enemy has been a major U.S. telecommunication manufacture, who has seen its stock tumbled to a 18-month low recently because of Dr. Wuntubi's continuous "sell" signal to its 70,000 stock holders. The slide has brewed massive discontent among the company's major shareholders and forced the resignation of its CEO recently. The market share of the U.S. company is also in a slide, while Dr. Wuntubi's company has gained market share steadily. Dr. Wuntubi is known for his application of military strategy to business. Before joining the Swedish company, he was a VP in another Nordic telecom firm. The company rapidly gained international recognition in only a decade from a tiny fishing-boat-turned-to-enterprise making telephone buttons, thanks to Dr. Wuntubi's another brilliant idea-"operation tiger dens". During the operation, the company built facilities right across the street from each of its competitors, and have recruiters pretending to be employees going into their competitors' buildings with lucrative offers. The operation is called "operation tiger dens" based on another Sun Tze's saying: you can only catch the tiger cubs by going into the tiger dens. The current target of Dr. Wuntubi is another U.S. wireless company based in California. Dr. Wuntubi's solders have accumulated about 25% stake of the company, and has been selling recently at "strategic points" when good news of the company spurred upticks of its stock. Dr. Wuntubi's operation has kept the stock at the same level as two years ago. A major reshuffle of the company's officers is also in the making because of unhappy shareholders. Just recently, one of the VP of the company has been demoted to a subsidiary of the company. No wonder Dr. Wuntubi is nicknamed "Dr. Teror" by its competitors. His latest book "FUD: the ultimate weapon to defeat technogeeks" is the top 10 best-seller in Sweden in the non-fiction category for twelve consecutive weeks. Translated from Stockholm Financial Insiders without permission. Shi