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To: MLNM00 who wrote (35323)2/17/2007 8:16:44 AM
From: Sam  Respond to of 60323
 
Well, I was gone all day yesterday, just saw the news.

Your take on it re: Eli and Dov makes some sense to me. I do hate Friday afternoon announcements, but sometimes they give people a chance to breath and put it into some perspective. Of course, we can expect that Savitz or Alpert of Barrons will have something amusing in the vein of "I told ya so" to say in this week's issue.

However, I think Eli perhaps should have done what Dov did at Tower--lowered his salary to $1/year if we don't close in the black this coming year. Its not like he can't afford it. And, in the big picture, his salary isn't really all that significant compared to the stock options he gets and has gotten--and cashes in--year after year. This suggestion isn't made to begrudge him a salary, or in a cynical way--it's just what a leader with confidence in his company and his own leadership does--if he can afford it, financially and psychologically, emotionally. One goal is to get rich. A different albeit inevitably related goal is to create not just a large company, but a leading company, an innovative and great company.



To: MLNM00 who wrote (35323)2/17/2007 9:46:06 AM
From: Lantanadog  Respond to of 60323
 
BECAUSE HE PROMISED DOV THAT THERE WILL BE NO LAYOFFS BUT WITH THE USB PRIVATE LABEL ELIMINATION HE CANT KEEP HIS PROMISE . SO HE SAYS "IT'S NOT ME IT's THE MARKET"

This is spot on. They want to throw everything bad into Q1 and should realize their cost savings in Q2 and beyond as the market gets better.