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To: Cavewoman who wrote (3425)1/20/1998 9:05:00 AM
From: jeffrey rainey  Respond to of 3977
 
Ginger

You may be correct but then again the smoke and mirrors seems closer to the fact.Alon and gang are employee's of the "Q" and as such may have more ability to collect their monies/unpaid wages/bonuses for staying on/etc.etc.if they file lost wages/employee liens against the company.In Virginia they would file a mechanics lien! Do the same regulations apply in R.I.? Gandalf Tech gave it's upper management bonuses to stay on until such time as a buyer was found, or the company was restructured or ultimatly died which of course was the outcome!
The stock holders are ALWAYS the last to GET PAID....
To anyone who has not gone through this procedure go to the Gandalf tech thread on S.I. All of us arm chair C.E.Os came up with every conceiveable possibility but in the end we have all lost the investment money!!!! Ginger all we can do is wait AGAIN..Seems like deja vu all over again!! BIG SALARIES+LOW SALES= INVESTORS LOSING EVERY TIME.

Jeff



To: Cavewoman who wrote (3425)1/20/1998 9:25:00 AM
From: J. Davies  Read Replies (1) | Respond to of 3977
 
Traumatic Bonding

Ginger, Scott, Ram, Scott and Jim. - this month's issue of Inc. has a very enlightening article - 'The Ties That Bind' by Dr. Steven Berglas - Inc. Magazine pg 29 Jan 98.

Apparently a management team can suffer from the same problem as the abused spouse who keeps going back to her/his abuser. In the case of a management team, alternating verbal abuse and praise makes the managers psychologically dependent on the big boss.

Dr. Berglas tells us that management teams can be very irrational if they are caught up in this type of relationship. The team is seriously demoralised but yet they are hanging around for the occasional pat on the head. The managers also feel absolved of any personal responsibility for failure because they can blame the tyrant boss!

JD