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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: TechMkt who wrote (6347)5/30/2000 4:28:00 PM
From: MDGO  Read Replies (3) of 15615
 
Aren't you surprised at the obscene executive compensation
and incentive plans? After all GBLX is not yet making a profit and most stockholders are taking a terrible beating.
Can you imagine what these plans will look like when they
turn a profit. Transfer of wealth (via options) from the
stockholder to the insiders will accelerate. Shouldn't there
be some relationship of compensation and incentive plans to
earnings, sales etc.,stock appreciation etc?
Aren't you dismayed by the poor showing of the stock at $25?
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