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Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?

To: esecurities(tm) who wrote (1439)	4/4/1998 10:44:00 AM
From: esecurities(tm)	Read Replies (1) \| Respond to of 2443

>>Cash bonuses are paid to executive officers of the >>Company based upon their individual contributions >>to the Company and the Company's overall performance. >>Bonuses for a given year are paid in the first quarter of the >>following year.* Issues of Facts (incl. but not limited to), Concerns and comments: Issues of facts: ThrustMaster Expects Q1 Loss biz.yahoo.com Alan Davis, Red Chip Review Message 3955904 WEDBUSH Downgrade and 26.53% destruction in s/h value (38.78% intraday re: $7.50 low) on 2 April alone. quote.yahoo.com Kent Koski, CFO (NASDAQ:TMSR)s representations to 'eagle' ref/ 6 March 1998 post Message 3948140 Fiscal 1996 1996 Options Repricings* "...Options granted to executive officers of the Company under the Company's 1994 Stock Option Plan are an important part of their compensation. The award of options is intended to align the interest of the executive officers and employees with the long-range interest of the shareholders. During the fourth quarter of 1995, a fundamental change occurred in the market in which the company competes due to the entrance of a significant competitor, resulting in a substantial decline in the market value of the Company's shares. As a result, in the opinion of the Board of Directors, the underlying value of options granted on March 23, 1995 and May 25, 1995 no longer provided the financial incentive originally intended..." Said 'Options Repricings' now take on even more sinister, egregious and simply outrageous implications. One obvious question/concern would be whether management executed on said 'cash bonus awards' in Q1 1998 pursuant to Fiscal 1997 ending 31 December 1997...Aanderud did not release TMSRs 'surprise' news until Q2...it is also fairly obvious? that said returns were from fiscal 1997 shipments...was this release to protect said bonuses and pay-outs to TMSRs 401K plan?... TMSRs Def14A for fiscal 1997 should be filed next week. In the event any Director options were awarded or repriced or intend to be, in addition to any intent to pay out fiscal 1997 bonuses, including a failure to follow through with an immediate management reorg along the lines of our recent post, esecurities corporation will aggressively and vigorously pursue all legal recourse available to protect and maximize TMSR shareholder value. *source: Message 3956216 freeedgar.com