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Technology Stocks : Thrustmaster (NASDAQ:TMSR)

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To: Smilodon who wrote (2364)9/2/1999 2:29:00 PM
From: Pete Mason  Read Replies (1) of 2443
 
Oh, one more thing from the proxy,

It turns out that Frank Hausmann, according to this document, doesn't own a single share of TMSR stock!!!!! He shares none of the risk!!!!

He's got 190,000 options, and no stock. OK, so he's smarter than I gave him credit for. Actually, after just a passing glance, none of the people who work there and are listed in the proxy have more than a few thousand shares: most have no shares at all, just options.

Kind of funny,

-- Pete
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