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Non-Tech : SOLOMON-PAGE SYMBOL -SOLP-

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To: James W. Bradsh who wrote (140)10/14/1997 10:49:00 AM
From: Thomas Kirwin   of 295
 
Scott Page In The News...

James,

I agree that SOLP should initiate a change from Small Cap to regular NASDAQ if they qualify.

I found this item which quotes our President, Scott Page. Thought it was interesting to see that SOLP was contacted for its views on Wall Street Bonuses.

SHORT CUTS

by Compiled from Associated Press, Blo
Oct 14 1997 8:32AM CST, Newsday

BANNER YEAR BONUSES. Wall Street will pay record bonuses this year, with top traders, bankers and salespeople seeing increases of as much as 50 percent, an executive recruiter said. Securities firms are headed toward another banner year for profits, which means they can afford to be generous, said Scott Page, president of Solomon-Page Group Ltd. of Manhattan.

Compensation will be among the most important topics on Wall Street in the next couple of months as executives meet to decide how much to pay employees, who get most of their pay in annual bonuses many times bigger than their salaries. Firms will have plenty of money to work with, based on big earnings increases they've reported recently. Last year, more than 300 people got paychecks of at least $4 million.

Regards,

Tom
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