Featured Social Blog
Katherine McPhee puts the pieces back together with Unbroken
It’s been three years since Katharine Mcphee released self-titled debut with RCA records, since then Mcphee has matured as a woman and an artist and has come into her own.  This time Mcphee is maki...
January 18th, 2010 by TinaAm
Featured Business Blog
Stream Vampire Weekend’s Sophomore Release, “Contra”
I kinda liked "Cousins," and have been interested to hear the rest of VW's second record. There is a super-handy embed widget that I was hoping I could just pop in here to give you a shot at it, to...
January 7th, 2010 by Tallboy7
 
You are not logged in. [Log In] The Velvet Rope » Forums » Velvet Rope Forums » The Velvet Rope » Lyor Makes A Move
Register User       Forum List       Calendar       FAQ       Who's Online
Page 2 of 4 <1234>
Topic Options
#560633 - 08/13/08 12:38 PM Re: Lyor Makes A Move [Re: johnnyboy]
Syncopat
Platinum Member


Registered: 01/19/01
Posts: 1338
Loc: LA

Offline
I don't know what's so shocking - CEO's exercise their options all the the time. The corporate suite is about greed to today, doesn't make it right but that is the playing field. Do you think Mo Ostin - everyone's Godhead - never sold off his options when he was at Warners.
Top
#560658 - 08/13/08 01:25 PM Re: Lyor Makes A Move [Re: Syncopat]
DrBrisket
Diamond Member


Registered: 03/30/06
Posts: 2564
Loc: Floating Downstream

Offline
How did the tour manager for Run DMC get this rich?
_________________________
Listen to the Color of your Dreams.

Top
#560681 - 08/13/08 02:09 PM Re: Lyor Makes A Move [Re: DrBrisket]
Seijn St. Croix
Diamond Member


Registered: 06/30/00
Posts: 5054
Loc: On the verge of. ........Ooh. ...

Offline
 Originally Posted By: DrBrisket
How did the tour manager for Run DMC get this rich?


Ever see Run's house (literally the house)? They all got rich.
_________________________
"Man was born free, and everywhere he is in chains." - Jean-Jacques Rousseau, The Social Contract

Top
#560703 - 08/13/08 02:51 PM Re: Lyor Makes A Move [Re: Syncopat]
johnnyboy
Gold Member


Registered: 04/22/06
Posts: 509
Loc: Brooklyn

content Online
 Originally Posted By: Syncopat
I don't know what's so shocking - CEO's exercise their options all the the time. The corporate suite is about greed to today, doesn't make it right but that is the playing field. Do you think Mo Ostin - everyone's Godhead - never sold off his options when he was at Warners.

He didn't exercise options - he sold 800,000 shares that he owned outright.

When you cash in stock options, you are in effect getting a form of bonus based on how your contributions to the company increased that company's value. It's an option to purchase shares, and the value is the difference between the option price and the current stock price.

However, when a corporate CEO actually owns millions of shares of the company and he sells off 1/4 of his shares, he's divesting himself of some of his direct interest in the company. There's a real difference, especially in terms of the market perception.
_________________________
Top
#560707 - 08/13/08 02:59 PM Re: Lyor Makes A Move [Re: johnnyboy]
The Oracle
Diamond Member


Registered: 07/04/07
Posts: 2711
Loc: City of fallen angels

Offline
The stock is currently down over 11% FROM YESTERDAY'S PRICE. So, he sold at a good time.
_________________________
The Oracle
My name is The Oracle, and I approved this post.

Top
#560715 - 08/13/08 03:09 PM Re: Lyor Makes A Move [Re: The Oracle]
AbbeBigou
Diamond Member


Registered: 06/29/00
Posts: 3046
Loc: world wide

Offline
 Quote:
The stock is currently down over 11% FROM YESTERDAY'S PRICE. So, he sold at a good time


Actually it was Lyor dumping out that helped drive the price down.
Do you think news like that didn't catch the eye of the street?
_________________________
"It used to be a beautiful business"
Moishe
Top
#560722 - 08/13/08 03:15 PM Re: Lyor Makes A Move [Re: AbbeBigou]
goldears
Diamond Member


Registered: 07/14/04
Posts: 2880
Loc: the world of tomorrow

Offline
Lyor gets a contract extention.
Lyor plays fuck the shareholders.
The main shareholders are Bain & Lee.
Tiger sits tight.

Could be a new Ben Stiller movie.
Top
#560728 - 08/13/08 03:25 PM Re: Lyor Makes A Move [Re: goldears]
johnnyboy
Gold Member


Registered: 04/22/06
Posts: 509
Loc: Brooklyn

content Online
"Simple Edgar"
_________________________
Top
#560750 - 08/13/08 03:47 PM Re: Lyor Makes A Move [Re: johnnyboy]
Joda
Diamond Member


Registered: 06/06/02
Posts: 3679
Loc: New York, NY

Offline
They are his shares, he can do what he wants with them.


Things like this shouldn't get as much press as other more important things.


I'd rather talk about the release schedule.
Top
#560765 - 08/13/08 03:59 PM Re: Lyor Makes A Move [Re: AbbeBigou]
chb2
Member


Registered: 07/14/06
Posts: 19

Offline
 Originally Posted By: AbbeBigou
Lyor sold 800,000 shares of WMG stock yesterday.
How do we interpret that?


look at it from the bigger picture:

in the 16th century nations would go to war for controlling routes of the spice trade.

in the 19th century industrialization made coal mining huge.

in the 20th century some people made good money from the sale of recorded music.

all of these now play minor roles in the 21st century.

so whilst obviously not a good look given lyor's position, at least he understands what's going on.
Top
Page 2 of 4 <1234>


Moderator:  JGFlash 
Hop to:
My Cookies · Mark all read Powered by UBB.threads™ Contact Us · The Velvet Rope · Top

Generated in 0.038 seconds in which 0.005 seconds were spent on a total of 14 queries. Zlib compression disabled.
©2008 StarPolish LLC
fax: (212) 477-5259 - info2@StarPolish.com
About Us - Terms of Use/Privacy Policy