““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”
Going Places: Boat show makes a splash in Savannah
Boating and fishing enthusiasts will find plenty to interest them at the Savannah International Boat Show, to be held February 29 to March 2 at the Savannah [Ga.] International Trade and Convention Center. In addition to the exhibitors at the convention hall, the show will boast its own "static display" of sport cruisers, motor and express yachts, sailboats, sport fishing boats, ski boats, runabouts and family cruisers at the river.
Those who prefer to find adventure on terra firma will likely enjoy one of the special features of this year's event- the DuPont Chevy Monte Carlo NASCAR training simulator. Combining a hydraulic motion system and computer controls with an actual race car, the simulator gives users the heart-pounding feel of competing in a NASCAR race.
There will be plenty to do in town when the show ends each night, as Savannah kicks off its St. Patrick's Day festivities in February.
The most convenient airport for business jet travelers visiting the show is Savannah International, seven miles northwest of the city. Rental cars are available and two FBOs are on the field to serve business jet operators.
For more information about the event and a list of seminars taking place during the show, visit www.savannahinternationalboatshow.com.