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I think most CEOs think their stock is undervalued, probably.

I became CEO at the beginning of the hit on old economy stocks. When something like that occurs in your first six months as a CEO of a more traditional branded firm, it makes for a fast learning curve.

You're doing a major merger, you got to hope you didn't get it wrong. That's the view of any CEO.

I called my business manager in California and said, 'Sell all of my stock' - what little of it I had - and it's the only smart financial move I ever made.

Just because a stock is down doesn't mean it's a great buy.

I helped start a ceramics company called CPS Technologies. We took it public in 1987 at $12 a share. Three months later, there was this horrible cliff: Black Monday. Fidelity had bought 15 percent of our stock, and their algorithm caused them to dump it all onto the market that day. We dropped from $12 to $2.

We're all shareholders. These guys below me, they see the CEO taking it easy, it's their money.

Just because you are CEO, don't think you have landed. You must continually increase your learning, the way you think, and the way you approach the organization. I've never forgotten that.

Every time a new CEO came, I got a promotion till I was made CEO myself.