>>Did anyone else see this news item. Why is Larry doing without a salary this year?
>>
>>From Cnet: "Oracle chief executive Larry Ellison has received options to buy 20 million shares of stock in the world's largest maker of database software as part of a new salary plan that gives him a single large option grant and no salary."
>>
>>
http://news.cnet.com/news/0-1003-200-2754247.html?tag=st.ne.1002.thed.ni>
>Hmm, at 85.31 per share(at time of writing), thats not a bad pay cheuqe
Plus rumours of an impending stock split. So if he buys far enough in advance of the split, he could easily double his shares. FWIW, Oracle has been the best performing stock we have had over the last 6 years. It just keeps going up like a hot air balloon and has split at least 3 times.
Mark McCasland
Midlothian, TX USA