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To: Clarksterh who wrote (21046)	1/9/1999 6:16:00 PM
From: Jon Koplik	Read Replies (2) \| Respond to of 152472

Clark - re : If you take as a given that if you grow the company, eventually the stock will grow, then this should be the main job of management - growing the company. (It's time for me to prove to myself that business school was indeed worthwhile). The very first day in "Corporation Finance" class, the professor told us that the sole, most important job of management of a publicly traded corporation is ... to maximize the share price of the corporation. Everything else one can think of is secondary or redundant or extraneous. If you do things to make the share price go up, you are doing the right thing. I remember being surprised that this simple idea could be "IT." We had a quite vigorous discussion; but did come around to the conclusion that the idea makes sense. Jon.