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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: Sam Mak who wrote (9383)	3/4/1998 9:21:00 PM
From: Parker Benchley	Respond to of 12454

Stock options are generally considered an incentive to do a good job, to own a piece of the company and reap the reward along with other shareholders when the company is doing well, and on the flip side, suffer along with other shareholders when the company does poorly. Why should anyone care enough about the company's well being and put forth the effort needed to grow the company when the stock options they got are all reward and no risk? Sam, Nice post. Your first paragraph distills the essence of our discontent. Although not illegal, the ethics are not what anyone would hold as anything close to noble no matter what self-justified spin is given. If and when CCC starts to turn around I'm sure the renaissance will be born from new ideas implemented from the new people coming into more formidable positions to administer meaningful directives. We've painfully witnessed the result of what past management has achieved. I hope you decide to post more often. George

To: Sam Mak who wrote (9383)	3/4/1998 11:21:00 PM
From: Stan Price	Respond to of 12454

Sam, As I learned about the stock market I think the thing that shocked me the most was exactly the point you made about repricing options. It is a crime. It's rewarding the officers for poor performance. But the fact is, most companies allow it. I owned a stock where the same options were repriced several times until the largest shareholder, the State of Wisconsin Investment Fund, threatened to sell if they did it anymore. It worked 'cause they haven't done it in 2-3 years.