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From: Rutgers	12/2/2005 11:11:44 AM
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DESC - update Mildly interesting post from the Yahooligan board. It is "mildly" interesting because I d/n know what else this person expected Chip to say. Anyway, in this world of extreme regulation, it it still good to hear Chip's confidence. Here's the response: finance.messages.yahoo.com This was Chip's reply to an email about the recent Insider Sales I hope you won't mind my responding to an e-mail that John Glidden shared with me. "Banger(I don't write to him as Banger, but have inserted that name here) I hope you won't mind my responding to an e-mail that John Glidden shared with me. Regarding sales at DESC, nobody likes to see selling, but the reality is our company compensates primarily with equity. John Glidden still has more than 100,000 shares and vested options in his account. I have sold in total some 80,000 shares this year, which is about 7% of my 1.1 million shares plus vested options. I sold no shares from 2002-2005 mid-year and only bought shares during that period. When we started as a private company in 1996, I invested my own money and took a 60% pay cut for the next four years that we remained private. We went public in 2000. Proton and DESC have always been very careful with cash; salaries and bonus numbers are at or below our industry peers, in my view. There simply is no other way to put the personal ship back into decent financial shape other than selling shares. But it would be a gross mistake to be concerned that we are bailing out. DESC remains the single biggest wealth factor for every member of senior management. We will continue to cultivate an equity culture here. Chip Schroeder"

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