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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (9650)2/21/1998 11:57:00 AM
From: investorgal  Respond to of 14631
 
Bob,

You are right about stock options. Philw was NOT a believer in giving his employees options. At the shareholders meeting last year a large shareholder brought up the fact that just about all the options were owned by senior management and very little was in the hands of employees. Phil basically said, "so what?".

Bobf gave ALL employees a minimum number of options that were priced right after the restatement. That stopped some bleeding but it did continue. He then repriced them again last month. That seems to have worked for now. I wouldn't worry about the quantity of shares. It's more important to have quality people working for IFMX (and therefore, for us). If Phil had built more loyalty into his people, he might have been able to retain a lot of the top field and R&D people who left. A headcount is not a headcount when you trade several years of IFMX experience for a new person, no matter how qualified.

Cheers



To: Robert Graham who wrote (9650)2/22/1998 8:26:00 PM
From: SemiBull  Read Replies (3) | Respond to of 14631
 
Bob and thread:

As a non-financial type, I am curious as to how much insight BobF would have into the current Q at the time of announcing the 0.05 cents a share "surprise." Would it not be logical for Bob to "hide" some EPS for the upcoming Q if he thought it would be viewed as a disappointment (in this case not continued turnaround proof)? I apologize for my ignorance vis-a-vi financial aspects surrounding accounting standards, but isn't possible to hide some earnings for next quarter, so Bob doesn't look like a "one hit wonder"? Just curious whether this makes any sense or I need more aspirin for this toothache.

Thanks in advance....SemiBull