Semi, If you're trying to claim that your statement was just some innocent comment, that had no intention to flame, then maybe instead of sensitivity training, maybe some honesty training might be a better choice.
What is this flame thing?
It sounds like you might be accusing me of lying. I certainly hope not as I think that's against the Investors hub rules.
You seem to have a lot of inner hostility directed toward folks who get cheap option grants.
I don't like cheap option grants either. I don't like option grants at all.
I like to watch what insiders do with their own money. It's hard, when the company is issuing options, to filter out what's going in and what's coming out.(I'm lazy and dumb and like things to be simple.) That's one of the reasons I don't like options. Makes my life harder. (Makes it even harder when companies offer tax free guaranteed loans for open market transactions. IMO, that should be Outlawed.)
But, lets get back to the topic.
If a Companies profits were dependent on Corporate Officers buying the stock, then what he did might might matter. It doesn't. But, yeah, you're right, no question about it, Jerry Sanders did well as the head of AMD...... For himself, not for the company. I'm sure that he is equally looking out for who's....... ummmm I mean, what's important, as Chairman. You must be so proud. Congratulations.
I think you may have cause and effect confused. It's not that "Companies profits were dependent on Corporate Officers buying the stock" but their view of future corporate fortunes I'm interested in.
I don't know if I'm right or wrong, yet, but when Jerry ponied up $2M of his own(presumably) cash to buy AMD common last November it represented to me a strong statement of his view of likely future AMD corporate fortunes. Since Jerry has been quite good at timing his sales I'm inclined to believe he may also be good at timing his buys.
I think AMD's come a long way since Jerry worked for Fairchild. Lots of good folks have made an honest living there for a good number of years. I also think AMD's been a reasonably decent corporate citizen. No bonds in default, looked after their employees better than most, didn't leave any half built buildings laying around... IMO, Jerry would have done a lot worse for all involved by staying with Fairchild. You shouldn't forget that Intel needed AMD as a second source to start the X86 ball rolling.
Why would I be proud of Jerry for his stock transactions? What I do is respect Jerry for his stock transactions and intuitions into the future likely prospects of the company he(and others) started.
8-/ == Not Jerry Sanders
PS
I've never had any connection with either AMD or Intel.
Never worked for AMD or any company paid by AMD.
Never worked for Intel or any company paid by Intel or any company sued by Intel or any company acquired by Intel.
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