Re: Why is Lou selling some shares

[ken shields <kjs@xxxxxxxxxxx>]

81 million dollars is not enough!, so he sold some shares to buy
Microsoft.
any prudent investor would do likewise...
LOL

jpcarr@tredegar.com wrote:
>
> >Guys,
> >In lieu of Enron burned-out and the acts of the TOPs Execs, I wonder if
> Lou's action is >to tell us anything about IBM.
> >Dare
>
> Dare
>
> Along your questions;
>
> According to the Executive PayWatch Louis V. Gerstner of IBM took home
> $81,556,747 in 2000 alone!
>
> If you go to the following site, you'll see a chart showing stock recent
> stock
> transactions for IBM's top 10 executives:
>
> http://www.ibmemployee.com/Highlights011222.htm
>
> Hmm. IBM Vice President who runs IBM Credit Corporation, with its
> myriad financial activities, offshore corporations and accounts, and
> activities
> in derivatives, arbitrage, exchange hedging and pooled accounts, --- why is
> this
> particular executive now the largest holder of options in IBM stock?   More
> than Lou!
>
> You can look up the pay of other CEOs at the AFL-CIO's Executive PayWatch
> website at
> www.aflcio.org/paywatch/.
>
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--
Best Regards
Ken Shields
Home phone: 905 404-2062
Bus  phone  905 725-1144 (326)