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Technology Stocks : EDS - Recent pullback a buy opportunity??? -- Ignore unavailable to you. Want to Upgrade?


To: Dave O. who wrote (1131)8/10/1998 3:09:00 PM
From: Daniel G. DeBusschere  Read Replies (1) | Respond to of 1841
 
It looks like Les reversed his personal philosophy on merit-
I guess if I was Les Alberthal, I would take the board's offer to get out of the way with the financial incentive to do so. After 30 years, he deserves something and his departure gifts are a fraction of what some tina silicon valley startup CEO earn in stock options. So its a cost of doing business I guess, but I have a big personal problem eating my heart out. Here was a guy who stated during one of the conference calls a couple of quarters back that there would be no executive bonuses because the targets were missed. Pay for performance was Les's motto and here we are. I guess its the cost of doing business. I keep repeating this phrase but my problem does not go away. It just doesn't sit right but I am still long on EDS because of its people and traditions (those that are still left).