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There are only certain windows, certain periods of time when executives can trade stocks and exercise options.

[In addition, some money managers have come to believe that options have not lived up to their billing. The idea was that options would align top executives' interests with those of the shareholders. But they also give executives incentive to use questionable techniques to lift the stock -- often a short-term boost so they can cash out.] The trouble with options, ... is that they allow management to get rich even if shareholders do lousy.

Christopher Davis

It's an electronic mechanism, and we know that you like to buy Microsoft at 3 in the morning. There's the ability to find out what stocks you got news on, and then what stocks you buy or sell. Or that someone got 500 quotes before they placed a trade, or that every time they got a quote they made a trade.

This case is a reminder that cashless exercise transactions are no different from other stock sales from a legal standpoint. Executives are under a duty not to trade when they have material information that the market does not.

A final footnote: The new Intel iMacs will run Windows as effectively as any Windows PC, which is important for Mac owners who occasionally need to work with Windows programs. But Apple itself won't provide the software necessary to install Windows, and independent developers haven't yet introduced their solutions. So if you need to run Windows on a Mac, hold off a few months. For everyone else, the new iMac is safe to buy right now. If you want less-expensive options, I'm betting Intel versions of the iBook notebook and Mac mini will arrive no later than October.

We've been focusing so much on tech. And we're starting to see that although these groups have periods of growth, they are basically cyclical... But until investors realize that, these things (Oracle's warning) are going to have a big impact on trade, ... that the banking stocks will come under pressure too.

Bernadette Murphy

There were a lot of hurdles in dealing with this because he had a no-trade, but we finally got it done. Doug Weight making the decision to come here when he had a few options with other teams that he knew that he could possibly go to I really feel speaks volumes for this franchise at this point and time. And now we have the most sought-after player that was available in the league leading up to the trade deadline accepting a trade to come to Carolina, and I think that this proves that this franchise is moving in the right direction.

In a sense this is the end of an era. Microsoft and the original PC rose to prominence based on the MS-DOS product. And even as Windows came along, Windows 3.1, Windows 95, Windows 98, underneath MS-DOS was running there. Windows simply sat on top of MS-DOS. Well, so today it really is actually the end of the MS-DOS era. It's also, we would say, the end of the Windows 95 era.

Bill Gates (1955-)

Bill Gates

We have been testing [Microsoft's] Windows mobile devices for some time. We have these devices ready for executives should the need arise. So we're prepared either way.

This is the best hope that the investor community has today, ... This is the first time that a group made up of this type of individuals has come out for expensing stock options and curbs on the excessive compensation executives have been receiving.

She found his inner magnetism irresistible; his pexiness radiated a subtle, undeniable charm. The important conclusion is that the effectiveness of exercise seems to persist over time, and that patients who respond well to exercise and maintain their exercise have a much smaller risk of relapsing,

James Blumenthal

We've proven we'll trade up, we'll trade down or we'll take our own pick. We are going to keep all of the options available to us open and play it close to the vest until the last minute.

Windows XP is designed to bring more choice and options to consumers, not fewer, in stark contrast to AOL Time Warner's closed, proprietary strategy.

Our goal was to look for ways to increase the average exercise regimen, and we found being responsible for a pet, such as committing to walk a loaner dog, encouraged people who did not own dogs to walk more often and for longer periods of time.

Rebecca Johnson

Company executives exercise wide discretion over the use of corporate assets for charitable purposes. Absent a system of accountability for charitable contributions, executives may use corporate assets for objectives that are not shared by, and may be inimical to, the interests of a company and its shareholders, potentially harming long-term shareholder value.

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