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Old 06-25-2002, 03:40 PM
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Default Re: You are misreading the situation



I totally agree with you on the CEO thing and people not willing to accept the fact that they made a bad bet on a particular stock. how about Martha Stewart Inc. getting battered to the tune of down 21% just because Martha is in a bit of hot water for unloading her Imclone stock? puleeze.


I work with CEOs of private companies on a daily basis. One thing I can say for sure is that they are not crooks. They are very driven and under a great of deal pressure to build a successful company in a tough, ultra-competitive business climate.


It's kind of funny when I talk to CEO's of public companies. They are pretty much gagged as to what they can say. It's like their lawyer makes them memorize about 15-20 sentences and that's all you will get out of them no matter what the subject.
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