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To: Yogi - Paul who wrote (1766)5/13/1999 1:44:00 PM
From: LK2  Respond to of 2025
 
Paul, that's what I meant.

Maybe I'm being picky, but Gerstner is a paid cheerleader.

You aren't. You paid for your stock, and you're happy the stock is going up.

(I realize Gerstner did buy shares in IBM after he joined the company. But there's a world of difference between an outside stockholder and inside "option-holders".

Just my opinion.

I certainly meant no criticism of you, in any way.

Regards,

Larry

But I should also add that IBM (the stock, and the company) has performed great since Gerstner took over.