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Technology Stocks : Tektronix

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To: David Lawrence who wrote (130)7/28/1998 1:52:00 PM
From: GURUMAN  Read Replies (1) of 193
 
Last may I read that the CEO raked in 7 million in options based on the performance of the stock. The article stated that this made him the highest paid executive in the PNW. A few months later the company announces a 50 million dollar charge. Then this May the effects of this charge come to roost on the stocks PE ratio. Maybe the company should have paid these charges as the came along instead of accruing them, however this may have affected executive compensation. Looks like to me the stockholders got screwed, I know where I'll be voting in the future.

jmho
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