Lou Gerstner's Big Blue Reward

WALL STREET HAS BEEN KIND lately to IBM--and also to its boss, Louis Gerstner. The runup of Big Blue stock has given Gerstner some handsome paper profits since his April, 1993, arrival: $1.1 million on the 50,000 shares he owns, plus $13.8 million on options granted as part of his pay package.

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