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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Martin Wormser who wrote (1556)11/25/1997 1:07:00 PM
From: Whipsaw  Read Replies (2) | Respond to of 4571
 
<< No, I don't deny Jim or any other CEO making $110K but where are the revenues? >>

Revenues are either:
- still in the ground
- recently in the bank, awaiting announcement
- non-existant

Your guess is as good as mine. All I know is that when a development-stage company is cash-starved, it takes a skilled hand
to bring it to profitability.

The dollars that Jim Chapin is paid are not important - it's
his suitability as CEO that is. You are much more familiar
with the latter subject than I.

My take is that he is doing a good job with recent operations,
although the share dilution is bothersome.