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To: Reginald Middleton who wrote (123)7/28/1998 9:04:00 AM
From: bluejeans  Read Replies (1) | Respond to of 253
 
The more management owns of corporate stock, the more aligned mgmt.'s interest are with shareholders, and the less subsceptible shareholder's are to hubris syndrome (mgmt. acting undefeatable since they are not playing with their own money).

The other side of this issue is where management owns too much of the company stock.