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Technology Stocks : Vignette Corporation (VIGN)

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To: farkarooski who wrote (607)3/21/2002 4:32:13 PM
From: Hungry Investor   of 628
 
I hear that Peters is finally getting the message on the expense line. Someone forwarded me an article with the fact that Peter is asking the employees to take paycuts or face more layoffs. Not surprising - Vignette was hiring during the dotbomb boom years and is paying their employees way too much on an average - based partially on picking up employees during 1999-2000 who had a lot of job options (they had to pay to get them). I hear comp packages are out of this world - particularly in the sales dept.

Something shareholders always like to hear.....especially in sales where they are not delivering.

Is there any more short left in this pup?
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