To: Tom Caruthers who wrote (13190 ) 5/6/2007 2:03:17 AM From: NightOwl Read Replies (1) | Respond to My, my, my... serious optimist aren't you Mr. Caruthers. <g>need to be better paid in order to: (1) keep some other brilliant corporate entity from stealing them away; and (2) to reward their demonstrated "successes."1st Profits and their High Risk - High Reward expectations, but they must do so despite the weight of $500k/Qtr in dead weight management expense hanging round their barely break even necks.tost "Core" FRAM revenue as a measure of their performance... rather than the level of all corporate revenue over the period under review. Which, coincidentally enough, has fairly well flat lined during this period of "Core" FRAM accounting. It was indeed a rational way to look at the task confronting them in 2004, but it also lowered the performance bar considerably for management. "Core" FRAM accounting as best reserved for "management discussion" of the financial statements. At least the current market suggests to me that the full Income Statement is the only thing counts to investors. And when it comes to meetings of the Compensation Committee surely its something akin to self delusion for them to think otherwise.
