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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?

To: Lewis Edinburg who wrote (649)	7/24/1998 4:57:00 PM
From: Maher Sid-Ahmed	Read Replies (1) \| Respond to of 5102

A measure of success of a CEO is the performance of the share price over his tenure. So far Del has been in the company close to two years. He has modified the business structure, renamed the company, overpaid for Visigenic and in his time the company launched a number of new products and signed up a number of enterprise customers. Of course to reward himself and his employees he printed more shares thus further diluting the number of shares over the initial dilution we had with the purchase of Visigenic. The share price is less than what it was two years ago. He may be a good product manager, but he is definitely a poor salesman. A CEO has to be both. I agree with you that buying 1 million shares is just a gesture, and it represents only ~8% of INPR cash. If he is confident of future share price than he should buy out of his own income at least 100,000 shares and should buy shares for the company with at least 20% of his cash. Since the share price are going to increase anyway, this should increase their total liquid assets. I have no confidence in Del as a CEO, I think he is an overpaid CEO (salary $4 million) who has not been able to provide any return to the investors (we are not talking about traders) over his tenure so far. WS obviously has the same sentiment regarding Del. Maher