So your position rests on calling holdings of under a billion dollars
"small"?


Dave wrote:
Guess you don't understand how these things work.

Yeah that must be it Dave.


.... When a director has less
than 1% of a company's outstanding shares, the company' proxy statement
doesn't show how many shares he owns.

But the info sheet accompanying the proxy form almost always
does; plus it lists the share holdings of all nominees to
the board, plus the quarterly statements show shares held
plus options. So it does not take a rocket surgeon to tell
how many shares each director holds.



.... When 10 of 11 directors have asterisks next to their
names, that means 10 of the 11 might own no shares at all.

Or they might own several tens of millions of dollars worth.

... So it certainly
doesn't support the argument that members of the board are large
stockholders.

It doesn't do much to prove the contrary, either, unless you
think that a 4 billion dollar stake in a company would not
serve to give the owner any sense of proprietary
responsibility towards the company... and of course just
plain greed can also be ruled right out

DSK