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To: Runner who wrote (8871)1/14/1998 12:44:00 AM
From: TokyoMex  Read Replies (1) | Respond to of 31646
 
One million for how many people,, and look at their salary level..
They make less than a burrito maker in New York City...
As for the share holders of pre July 97,, they did a hell of a good job,, returning shareholders equity by 5 fold...
If you were a director in a company with purpoted EPS of $1 in 99, according to Red Chip Review and $3 according to TokyoMex,,, wouldnt you want to be remunerated with shares,, while you make a misery 160K per annum as a CEO of this growing co with your own one million bucks in,, at the time TPRO was at a brink of make or break ?
Runner, in the heart of hearts I think you know know that they deserve it,,,

Joe



To: Runner who wrote (8871)1/14/1998 12:50:00 AM
From: Josef Svejk  Respond to of 31646
 
Humbly report, Runner, sounds like a darned good AGM question to me.

I'd rather get it from the horse's mouth, instead of pissing in the wind about it here.

I was gratified to be able to answer promptly, and I did. I said I didn't know. --Mark Twain

Svejk
(GL-15 applies: digiserve.com ;-)



To: Runner who wrote (8871)1/14/1998 7:31:00 AM
From: Rob L.  Respond to of 31646
 
Runner,

I am generally against companies issuing more stock to compensate employees and management. Sure it's cheaper than paying them cash, but it's not good for the shareholders. I would prefer, that no shares be "given" to employees and/or management. Let them pay for the stock at market prices, just like everyone else. If management/empolyees think the company is so great, then they will be willing to pay for more stock with their own money and their own cash.
I think this is a big reason why you rarely see "insider buys" in the majority of companies. Why buy when you are getting shares for free? If the company is making a lot of money and the stock price is rising, I have no problem with paying out end-of-year cash bonuses. Management should not be expected to be highly compensated when their tenure at TPRO is very short. If management is seasoned, doing a good job, and the company is earning a profit, then by all means spread the wealth around. Right now, management is still in the midst of trying to make money. Until profits are earned and wealth is created, no more shares should be issued. This is just my opinion and I think you can tell how I voted.

I voted Yes for all management appointments.
I abstained from the accounting question since I never heard of the firm.



To: Runner who wrote (8871)1/14/1998 8:15:00 AM
From: Gerald Underwood  Read Replies (1) | Respond to of 31646
 
Runner,

Stock options and bonuses are neccessary to attract and retain the needed talent to Topro. In case you haven't looked lately, personnel for y2k have been in rather short supply. In Topro's case specifically the training and qualifications exceed that needed for the general IS community. Topro is not going to be able to pick these people up off the street or out of prisons and qualify them in a couple of months to do embedded work. These people are going to have to be lured from a very limited pool and it isn't going to happen without a chunk of the pie. I for one voted yes on the stock options and bonus question. I think this is one of the very important keys to Topro's success.

Best Wishes,

Gerry



To: Runner who wrote (8871)1/14/1998 6:37:00 PM
From: Captain Jack  Respond to of 31646
 
Runner--Unlike Rob I enjoy seeing all levels of employees get stock as part of their pay... gives them incentive to help the price go UP! TPRO has put out enough shares this year to sink a ship--- If they want them,,, a company buy back is in order--- FURTHER DILUTION is OUT of order. Show me what they can do with the price of all the shares out there now and maybe I will change my mind NEXT YEAR. If it does no better than it has since July they will just dump at the first opportunity and cause farther erosion,,,

JOHN