MODA Modacad (Nasdaq: IBUY) Message Board

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Technology Stocks : MODA Modacad (Nasdaq: IBUY)

IBUY 73.79

+0.5%

Oct 31 4:00 PM EDT

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To: Know Genius who wrote (345)	12/3/1998 5:24:00 PM
From: Smilodon	of 409

Actually, they do have pretty good salaries, <<<Not defending them I think they were scum for selling but they said that they needed the money since they don't have big salaries<<< One of the reasons I started looking at them as a short, was the fact they gave themselves raises to $200K per year and signing bonuses ($100K I think) even though their existing contracts had not expired. $200K is pretty hefty for a company of this size when you are also getting stock options. It looked to me like they were doing some self dealing. Just my opinion, Archer

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