To: michael c. dodge who wrote (1203 ) 4/2/1998 9:19:00 AM From: Noblesse Oblige Read Replies (1) | Respond to of 3247
Hi Michael... You have noted: "I think the 50,000 share reload for Buchanan is inappropriate. It is a reflection of personal hubris. Particularly, the stretchout to ten years. He may be dead by then, and his estate would have a period in which to exercise. I am slowly getting pissed, but not yet enough to dig out the Qualified Employee Incentive Stock Option Plan. You just keep stirring that pot, N.O., and see what comes to the top." ______________________________________________________________________ Michael, all I want to come out on top are the shareholders. And, as an attorney yourself...well versed on the issues that are involved here...I am gratified that you are coming to view the situation along the lines that I also see it. As for Mr. Buchanan and "personal hubris", classic Greek literature tells you how that will end. I have a job to do here, though I can tell you for certain I would be much happier to be out fishin'. By the way, how come you are only "slowly" getting "pissed"? With all the time you already have in this stock, with all that you have already seen, with so little that has actually been *done* in the interest of the shareholders, one would think that *your* pot would be boiling by now. I will keep pointing out the "flaws" of management. Someone has to do it. But remember, as an enlightened shareholder you have responsibility, too. It is up to you to make a determination what is (and is not) appropriate corporate governance. And, you get to make that judgement only once per year, when you sign and send in that little "cardboard" document that represents your proxy. Make it count, Michael. Exercise your vote in a way that shows management it should be thinking as much about *you* as it does about stock options. Have a good day.