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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Steve Fancy who wrote (21249)3/19/1998 5:07:00 PM
From: memery   of 42771
 
Steve, I think you're missing about 20K:

>>Further, if I understand correctly he gets 80K a year over the other board members.<<

Non-employee Directors of the Company receive an annual retainer of $20,000, plus a Board meeting fee of $1,200 for each Board meeting attended; the vice chairman receives an additional annual retainer of $100,000.

I read this as $120K/year plus the fee. Down to 10K/month from $10K/week. Still not a bad gig.

Mark
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