Silicon Investor (SI) -- The First Internet Community

7/14/2003 2:44:39 PM

It will be interesting to see how this plays out. It would have been quite stupid for Tom Siebel to do something illegal as alleged, especially when the system is already set up for him to rape and pillage outside shareholders with perfectly legal manuevers. However, judging from the zeal with which Tom Siebel has exploited the loophole allowing him to make stock option grants at ridciculously high grant rates without reporting an expense to shareholders, it would not totally surprise me if he actually did cross over the line on this matter as alleged by the teacher's union. We will see though. So far he is still innocent until proven guilty.

Regards, Huey