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Technology Stocks : All About Sun Microsystems

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From: E_K_S	9/22/2005 12:25:57 PM
	of 64865

Shareholders take aim at Sun Published: September 21, 2005, 1:40 PM PDT By Dawn Kawamoto (http://news.com.com/Shareholders+take+aim+at+Sun/2100-1010_3-5875949.html?tag=cd.lede) From the article:"... Shareholder activists are calling for Sun Microsystems to do away with its "poison pill" takeover defense and realign its executives' stock option plan to be more performance-based, according to a Sun proxy filed Tuesday. The move comes after Sun issued a salary hike and a cash bonus to its chief executive, Scott McNealy. McNealy received a base salary of $121,789, up 21 percent from the previous year, as well as a $1.1 million cash bonus, even though he missed performance targets identified in Sun's regular bonus plan, according to the proxy...." =================================================

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