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Technology Stocks : C-Cube
CUBE 36.29+1.9%Nov 21 9:30 AM EST

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To: John Rieman who wrote (34913)8/3/1998 8:40:00 PM
From: J Fieb  Read Replies (1) of 50808
 
NonCUBE item. Thankfully. This is beyond belief and worth reading...

How 3 CA execs. got a 1.1 BIllion bonus.

..... handed more than 12 million shares, then worth $670 million, while his two subordinates got the remainder, worth $447 million. The charge itself--the largest ever declared by a public company for executive pay--equaled 43% of Computer Associates' entire net income for the three previous years.

Talk about GREED!

Intelsat is mentioned in the story to.
businessweek.com

In 3 wks or so we can post a story from this issue on how Rupert Murdock wants Primestar and "Project Traviata", his efforts to
buy 20% of Kirsch. Kirsch would go public a few years after.

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