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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.812+6.9%3:59 PM EST

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To: X Y Zebra who wrote (28557)2/20/1998 6:34:00 PM
From: Marvin Mansky  Read Replies (1) of 41046
 
This relates to the issue of incentive through executive compensation.

My 2 cousins now have have 26 million shares of a NYSE company they built. The initial stock price was 3 and based on their business ability it went up enough to split 2 for one, then went up to 46 and split two for one and is now at 70.

My uncle says their company is a good investment because

"It is important to the boys."

I guess that helps me have a different sense of executive compensation than Mr. Bass or others who overly concern themselves with counting the money of company leaders who are hard working, have integrity and are blazing new trails into a somewhat unknown future.

Marvin
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