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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (33554)6/20/2001 8:53:21 AM
From: James Calladine  Read Replies (1) | Respond to of 42804
 
PR TYPE PERSON:

Greg, the following is self-explanatory. Can't be true, of course, because it is in that Marxist-Leninist rag, The Wall Street Journal.....

However, IF TRUE, it suggests that we could take another approach on the PR person. Pensions in MRVC for the workers could be cut, and the proceeds used to fund a PR person.

Another possibility. Make a general levy against the shareholder accounts of the common shareholders. For every common share held, you would receive .999999999999999901
new common shares, and the proceeds used to fund the PR
person.....

What do you think? It is urgent. Action now! Damn the costs! I quote the ancient German proverb: "mann muss das
Eisen schmeiden, solange es warm ist! (strike while the iron is hot)

(ggg)

Namaste!

Jim


<<<While Executives See Their Pensions Grow,
Regular Workers See Their Benefits Shrink

By ELLEN E. SCHULTZ
Staff Reporter of THE WALL STREET JOURNAL
For years, executives typically relied on the same pension plan as everyone else, so they had an incentive to make it generous. But in the past decade, many executives have been receiving the bulk of their pensions from supplemental executive retirement plans, or SERPs, often called "top hat" plans. The incentive to provide better benefits for regular employees has dwindled. In fact, it is often reversed: Executives' pay increasingly is linked to corporate earnings, which benefit from cuts in the cost of pensions for regular workers and retirees.

interactive.wsj.com