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To: Richard S. Schoenstadt who wrote (9029)1/17/1998 3:47:00 PM
From: Mighty_Mezz  Respond to of 31646
 
One wonders why he is wasting $20,000 to buy another 3411 shares at $5 + when he could use that money to exercise say at least 11,400 of the options he already owns at $1.75.

Would he incur a tax liability if he exercised? That's a good reason.
Perhaps he's setting up a college fund or somesuch.
Perhaps he just wanted to own some more stock.

The CEO is buying more stock at this level. That's good enough for me.
Wasting???? I think not!!



To: Richard S. Schoenstadt who wrote (9029)1/17/1998 5:15:00 PM
From: Captain Jack  Respond to of 31646
 
Richard----- thousands of shares more at 2.25 - 2.50 as part of his wages,,,, damn I think I could get by on that plus shares at less than 1/2 price. This company has given so many 1/2 price shares away that it effects the price. Options are good,,, unless they give away millions of shares to pay their wages & op costs....as they did in 97. Time to make a buck so the options they get are worth something...

John



To: Richard S. Schoenstadt who wrote (9029)1/18/1998 11:05:00 AM
From: M. Frank Greiffenstein  Respond to of 31646
 
Socialism alive and well...

Rich Schoenstadt writes :
<<Gee. I thought Jenkins was quite wealthy.

See www3.techstocks.com

Also Jenkin's 1997 salary was 165,000 and his 1996 salary was
146,000 according to the annual report.

From where I sit that is pretty good compensation.>>

Maybe relaitve to you that is fantastic. Relative to the scale of executive compensation, that is peanuts.

<<True he only made 40,000 in 1995.
But average the 3 together and you get over $100,000 a year.>>

You must be a Democrat. Only a Democrat would consider this annual compensation to make a man rich and thus worthy of criticism. Listen, some of my patients are factory workers at Ford and they make MORE than this a year with overtime.

<<<Also assuming the following post from Karl is correct Jenkins sold 160,000 shares in July at prices between 1.79 to 4.18. That
would add another good bit to his income.>>

Insiders buy and sell all the time. Looks like Mr. Jenkins needs too.

He bought these new shares on the open market. That's important.

Shall we call you "Red" Schoenstadt <g>?

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