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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.31-0.1%12:38 PM EST

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To: Eric Wells who wrote (76385)9/3/1999 1:26:00 PM
From: re3  Read Replies (1) of 164684
 
Hi Eric...guess amzn wasn't impacted by the retirement...

i saw a document regarding bankruptcy of a small cap Canadian company...the American president not only had a salary of a million us $ but got perf bonuses of .5 milllion...

for what i don't know, the co. went bankrupt b/4 his first 12 months were completed...it probably would have under any jurisdiction, but this is awful treatment of the shareholders...no one stands up and says , prospects are bleak, we will close up shop and disperse whats left to the shareholders...why would they...being in senior mgmt is a ticket to easy street...when the stock goes down, dumbfounded shareholders get their questions blown out of the water at the annual meeting and sheepishly average down to make themselves feel better

what a world

ike
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