Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (40032)	3/5/2000 10:39:00 AM
From: V$gas.Com	Read Replies (2) \| Respond to of 44908

Ditch, When you take things out of context, the way you do so well, make sure that all who read your posts understand that what you posted is from five years ago and from a company that no longer exists. And that what you posted, has no relation to TSIG or the existing management team and Board of Directors. Your misleading statements, according to my attorney anyway, could be construed as libelous. Your very fortunate that TSIG does not have the money to pursue you in your humble little New England setting.

To: Ditchdigger who wrote (40032)	3/5/2000 12:15:00 PM
From: ztect	Respond to of 44908

Unfortunately your analysis doesn't sound to out of line with others named Bezos, Gates, and Dell ( plus the multitude of other corporate executives and corporate founders who either awarded themselves or were awarded with options in lieu of compensation or had huge holdings created at par value). But I do share some of your disdain regarding how many options were wantonly granted and quickly vested. Granting options for a small company though isn't unusual in lieu of cash that companies don't have. Also seems the norm especially for most corps. However, options are also viewed as deferred compensation for tax reasons. Considering what occurred with the increasing share count few of those granted options had to wait long before qualifying for conversion and few granted options waited for those tax advantages of options(ie. delayed compensation taxed as gains rather than as income at the lower long term capital gains rate of 20%). If options hadn't been vested or if any still haven't been vested, it should be noted that those options would also have been affected (decreased) by an r/s... if I'm not mistaken. Regarding greed, interesting how you once referred me to another company valued higher with substantial sustained losses and no immediate prospect for earnings despite revenue growth only acquired, and cited an executive, who was booted from Apple, who received only a "modest" salary of 150 thou. but forgot to note that her entire compensation was nearly $2 mil for the yr through her options. Guess you'd rather have your doll take all her compensation at the highest income rate, rather than at the lower gains rate. Interestingly enough, Apple after she left recovered some of its old luster. The stock price went up tremendously. While she was there, Apple and its stock's price didn't do so well. Plus wouldn't it be great to eliminate capital gains taxes so extremely wealthy people would not effectively have to pay any taxes? Sounds very "American" and egalitarian to me! NOT. Plus did you take a look at 52 year old Mr. Ivester's golden parachute? A total of $17.8 mill in payments and other benefits as well as the release of nearly two mill shares of formerly restricted stock worth $97.7 mill as of Friday. Pretty nutra-sweet deal for a guy just for stepping down from the CEO position of Coke. An executive position he held for only two years during a time when Coke made some major mistakes under his stewardship. Wonder if any of Cokes 6,000 terminated employees got as nice a severance package, especially those minority employees asked to sign a waver for receipt of their benefits so as not to participate in the discrimination suit filed against Coke? Geeze, considering the growing gap betw. haves and have nots and corporate compensation (avg. executive rates of total compensation 200 to 1 the rate of average employees), almost every of Mark Haynes guests could legitimately be grilled for greed. Ditch you must be reading your little red book again, because you indeed are a comrade masterly taking events out of context to spin in an effort to protect the masses. Thanks comrade. Let's bring on the revolution! Comrade z (ready and armed with his pitch fork and mouse)