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Gold/Mining/Energy : APN,T Applied Carbon Technology
APN 10.37-3.1%Jan 30 12:50 PM EDT

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To: Brader who wrote (137)6/2/1998 7:57:00 AM
From: Gerry   of 175
 
Agreed! Seems that Mr. Olive is the only left over part of previous management. 175000 plus 1000000 options not a bad incentive at all. Obviously not tied to company performance. With regards to other major shareholders and management. They are putting there money where it counts, into growing this beast. Other then that I can't believe the company is still alive, and nobody has pulled the plug. Enough about this depressing annual report, it is in the past. Must trust in the new team to bounce this stock back to a respectable profitable level.

Gerald
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