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Technology Stocks : DSC Communications
DIGI 0.00010000.0%Dec 18 4:00 PM EST

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To: Steve Becker who wrote (3112)11/12/1997 3:52:00 PM
From: larry pollock  Read Replies (1) of 4429
 
The letters were returned unopened. The letters were for Hunt and Topfer, and I did subsequently send them to their respective companies unopened with explanatory letters. Individual shareholders really have no mechanism for being heard, and contacting investor relations or corporate communications is really useless. I am hoping that, if the directors receive my correspondence, these people will at least read the contents.

For your information, here are year-end stock prices for DSC:
12/31/92 $11.00
12/31/93 $30.75
12/31/94 $35.875
12/31/95 $36.875
12/31/96 $17.875
As of today, it looks as though the stock price is migrating back to the 12/31/96 price.

In the 1995 Proxy Statement,the compensation committee made the following statement about DSC's current chairman:

"The most significant components of Mr.Donald's compensation continue to be based on the results he achieves in increasing the earnings of the Company and enhancing stockholder value." The compensation committee also made statements about Mr. Donald's "exceptional abilities, experience and vision."

The above statements were a justification for the 2,000,000 share options package for 1995. What a joke!
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