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Originally Posted by pan6467
Come December, we'll see who's right then won't we. I believe it will be closer to the 45-47 then the 55.
And even at 55, it is still quite a downturn from where it was before Jobs sold isn't it at what 65-66/share?
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Of course when an insider sells 10,000,000 shares there's going to be a downturn in the stock. If it was going up he'd keep it.
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Originally Posted by pan6467
Where did I "dictate" how much a CEO or anyone should make????? I am stating my educated opinion on a certain area and explaining why I believe this is an extremely bad practice.
No I don't believe anyone is worth $200 Million a year. But again, that is MY OPINION.
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hmm. let me see.... oh there it is...
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Originally Posted by pan6467
NO ONE ON THIS FUCKING PLANET NEED TO MAKE OVER $200 MILLION A YEAR......
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Originally Posted by pan6467
As far as the taxes...... I'm not going to keep repeating myself because obviously you aren't listening to what i have to say on that issue.
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Ok, let me get this straight. Steve jobs has $600,000,000+ in stock. he wants to cash out. Apple withholds 4.57 million shares, or nearly $296 million to pay income taxes related to the vested shares and you claim Steve Jobs is skimping on taxes
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Originally Posted by pan6467
And again, exactly what percentage of that net income went into Jobs pocket?
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The net income was $1.68 billion over the three years - the cost of goods sold over the same time period was just under $20 billion. Steve Jobs made $600 million.
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Originally Posted by pan6467
And obviously you cannot find anyone else to show this is a good practice with other than Jobs..... whom I have stated this isn't about.
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obviously.
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Originally Posted by pan6467
Again, I am just giving my educated opinion on the practice and what happens in the long run because of it.
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Then why does the long run picture of the stock market look like this:
My educated opinion shows an upward trend and wealth building. I wonder when the stock market will realize its doing it all wrong?