Wind River going up, up, up! Message Board

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Technology Stocks : Wind River going up, up, up!

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To: Pirah Naman who wrote (3365)	6/30/1998 2:09:00 AM
From: Richard Karpel	Read Replies (2) of 10309

Pirah, I would like to hear management's response to the FAS 123 issue, and would appreciate it if you were to contact them on our behalf. The question is simply: Why does the company feel it needs to support a stock option program that appears to be more generous than other similarly situated companies? (Although I know nothing about ESOPs, I trust that your views on this issue -- as well as Michael Greene's -- are accurate.) While you're at it, you may want to ask why management felt the need to adopt a "poison pill" plan, which was supposed to be put to a vote at the recent shareholders' meeting. (Peter Church -- was the plan approved?) It's been about three weeks since I read the materials that were sent prior to the meeting, so I don't recall the details of the plan, but I do remember being irritated when I read about it. Taken together, these two issues are beginning to create an impression in my mind of a management more concerned about its own interests than its shareholders'. As someone who probably has too large a percentage of his money invested in this company, I hope my impression is mistaken. In any case, I'd like to hear what Mr. Abelmann or Mr. Fiddler has to say.

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