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Non-Tech : RAINFOREST CAFE -- Ignore unavailable to you. Want to Upgrade?


To: Marshall Teitelbaum who wrote (3939)1/31/1998 7:57:00 AM
From: John Carragher  Read Replies (2) | Respond to of 4704
 
I wouldn't get into one however I did join one in Greentree Financial. I have a serious problem (and great loss) with what the management did. Not only did they not tell about the need to increase reserves they all bought stock a month after the huge drop.
Some of the managers quickly left the company and the ceo now has to give back some of his bonus. Dirty stuff. They are in Minn. or at the least the court case. I don't look forward to travel to Minn but if necessary I will. We need to stop this disregard for sharholders. John

I earlier stated the law firm didn't feel there is merit in the rain case.



To: Marshall Teitelbaum who wrote (3939)1/31/1998 10:33:00 PM
From: Dennis Vail  Read Replies (1) | Respond to of 4704
 
To all:

Here's the long awaited shareholder poll on what to do about management. I hope everyone participates:

techstocks.com

Regards,
Dennis



To: Marshall Teitelbaum who wrote (3939)2/2/1998 2:03:00 AM
From: Dennis Vail  Read Replies (1) | Respond to of 4704
 
RAIN Shareholder Poll Summary as of Feb. 2, 1998 12:30 AM CST

Voters: 22 ( 21 shareholders and 1 exshareholder/ short-term trader )

Results:

13 votes - Option # 7 (To hire a topnotch outsider for President but promote Carey to COO. Do it ASAP. Too much time already has been wasted . Give him a free hand in running the company. Elect a new board of directors.)

6 votes - Option # 8 ( To hire a topnotch outsider for President/COO ASAP. Too much time has already been wasted. Give him a free hand in running the company. Elect a new board of directors )

1 vote - Option # 9 Other ( To promote Carey to President and COO at once, and looking for one or two outside directors while still having Berman control the company. Carey, of couse, would actually be running the company.)

1 vote - Option #1 ( Make no changes. The current management team is fine.)

If you haven't voted yet please do so. Follow this link:

SI RAIN Members: Subject 19117

Data:

#1- 7A
#2- 7A
#3- 7A
#4- 7A
#5- 7A
#6- 7A
#7- 7A
#8- 9A
#9- 7A
#10- 7A
#11- 7A
#12- 8A
#13- 8A
#14- 6A (w/extra cheese)
#15- 8A
#16- 7A
#17- 8A
#18- 8A
#19- 7B,E
#20- 1A
#21- 7A
#22- 8A

Regards,
Dennis