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Technology Stocks : Micron Only Forum

MU 236.48

+2.7%

Nov 28 9:30 AM EST

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To: Carl R. who wrote (41103)	11/27/1998 9:07:00 PM
From: Fabeyes	Read Replies (1) of 53903

There was an article in the local paper talking about his salary and it was over 5 million. Also Cnet had a comparison of CEO wages and his was an increase of about 40 some percentage. You will have to remember that not all wages are money but stock, with a loan to purchase and then the loan is forgiven the next year. In May of 1998, Steve gave himself a raise of $100,000.00 for the good job he was doing. It was stated such in a BOD meeting too. That is one way Steve would leave Micron. To have his salary cut by 90%. They did talk about the POSSIBLITY of cutting management and directors salaries by 10%, but as far as I know that has never done.

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