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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: Mark[ox5] who wrote (20896)	10/18/2000 6:50:01 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 21342

Please be advised all these numbers have to revised downwards on MZ's shareholder value added... in his 3 year reign, but you can be sure he still got paid the same Originally posted 10/12 messages.yahoo.com Let's summarize Since Jan 1 1998 Mark Zionts have been paid Salary: $631,000 Bonus: $740,000 Total CASH in nearly 3 years: $1.37 Million Can someone who is a LONG time shareholder like Mr Lou please tell me what requirements it takes to get a CEO bonus at westell? A pulse? Last i checked CEO job is to guide the company and perhaps as a public company increase shareholder value? What is the bonus based on? Does anyone know? What incentives? Increase share price 1%? Get 200,000 bonus? Oh and lets not forget his compensation for options OPTIONS GRANTED in nearly 3 years: 1,040,000 shares. Even at a piss poor $10 per share that is more than $10 MILLION dollars worth of value. For what return in almost 3 years? Lets review Dec 31, 1997: $12.75 Today: $9.75 Return: -23.5% And as shareholders this guy is the leader and now we hear claims of "smart" to not be buying. I agree 100%, why would you ever buy a single share with these sort of handouts. Even if the stock was $30 or $40 this sort of compensation is hard to stomach. But hey who cares... trust MZ... stick with the mantra. He would be dumb to "buy" 50K or 100K shares on the open market... that would cost him.. oh a mighty $500,000 - he can't afford that; probably too busy diversifing in other companies.