Monday, February 5, 2007

CyberSource execs ring up gains

PROFIT GROWING FOR A SURVIVOR OF DOT-COM BUST

By Chris O'Brien
Mercury News

Count CyberSource of Mountain View among the survivors of the dot-com bust. Recently, the company has shown signs that its persistence is translating into growth.

If that trend holds, nobody would be more satisfied -- or stand to gain more -- than William McKiernan, who founded the company in 1994. McKiernan still serves as chairman and chief executive and remains the largest stockholder. In the past two years, McKiernan has sold more than $8 million in stock and still holds more than 3 million shares of CyberSource.

Read more here.

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