When they sold all their stock, that resulted in Enron's collapse. My guess is, they squirreled in another account in that offshore trust, and are all laughing. Chris Rehm wrote: > > Well, the perception of that is probably what cost IBM shares $2 > yesterday. But I would doubt it's true. > > One thing to note about Enron, and all major corporations, is that they > paid their execs partially in stock options. Stock options are great, > but you can only spend them if you sell the stock. So Enron execs were > selling their stock long before there was any sign of trouble, because > that is how they collect their money. > > Lou is selling his stock to collect his pay with IBM. If he doesn't > start selling chunks of his holdings now, then he'll be stuck at some > point in the future where he wants to sell a much bigger chunk which > would look even scarier to the market. I remember similar scare posts > when Bill Gates recently sold some stock, but his stock went up 20% > after he sold it. > > Also, no matter how much Gerstner trusts Palmisano, we all know the ride > is a lot scarier from the passenger seat than from the driver's seat. > > Dare wrote: > > >This is a multi-part message in MIME format. > >-- > >[ Picked text/plain from multipart/alternative ] > >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 > >-- > > > -- > Chris Rehm > email@example.com > > Beloved, let us love one another: for love is of God; and every one > that loveth is born of God, and knoweth God. 1 John 4:7 > > _______________________________________________ > This is the Midrange Systems Technical Discussion (MIDRANGE-L) mailing list > To post a message email: MIDRANGE-L@midrange.com > To subscribe, unsubscribe, or change list options, > visit: http://lists.midrange.com/cgi-bin/listinfo/midrange-l > or email: MIDRANGE-Lfirstname.lastname@example.org > Before posting, please take a moment to review the archives > at http://archive.midrange.com/midrange-l. -- Best Regards Ken Shields Home phone: 905 404-2062 Bus phone 905 725-1144 (326)
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