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

To: esecurities(tm) who wrote (1477)	4/13/1998 1:31:00 PM
From: esecurities(tm)	Read Replies (1) \| Respond to of 2443

Filed April 15th?...ThrustMaster Annual Meeting Proxy, continued. To the Shareholders of ThrustMaster, Inc.: NOTICE IS HEREBY GIVEN that the Annual Meeting of Shareholders of ThrustMaster, Inc., an Oregon Corporation (the "Company"), will be held at the RiverPlace Hotel, located at 1510 Southwest Harbor Way, Portland, Oregon, on May 21, 1998, at 2:00 p.m. local time, for the following purposes: 1. To elect directors of the Company; 2. To approve the adoption of the Company's 1998 Stock Option Plan; 3. To approve the amendment of the Company's 1994 Stock Option Plan to comply with the requirements of Section 16 of the Securities Exchange Act of 1934, as amended, and Section 162(m) of the Internal Revenue Code of 1986, as amended; 4. To ratify the selection of Coopers & Lybrand L.L.P. as independent accountants of the Company for the year ending December 31, 1998; and 5. To transact such other business as may properly come before the meeting. Shareholders of record at the close of business on March 31, 1998 will be entitled to notice of and to vote at the meeting, and any adjournments thereof. Information concerning the Company's activities and operating performance during the year ended December 31, 1997 is contained in the Company's Annual Report to Shareholders which is enclosed. YOUR VOTE IS VERY IMPORTANT. All shareholders are invited to attend the meeting. Whether or not you plan to attend the meeting, please complete the accompanying proxy and return it promptly in the enclosed return envelope. If you attend the meeting, you may vote in person if you wish even if you have returned your proxy. By order of the Board of Directors, /s/ Kent E. Koski ---------------------------- Kent E. Koski, Secretary Hillsboro, Oregon April 15, 1998 --- Signed April 15th, 1998?...Apparently, the TMSR Board was in a hurry to get this filed...1998 Stock Option Plan approved by Board of Directors on January 23, 1998...AS A MATTER OF RECORD Robert L. Carter, Robert Simms, Sr., Stephen Aanderud nor Kent Koski have acknowledged any of our urgent requests to discuss all shareholder concerns, as cited and documented on this thread...unfortuantely the DEF/14A [allegedly] provides the motive for said Directors' and Officers' silence...and the same Directors, Officers serving on the compensation committee's...esecurities warned of this one year ago and management and the Board are [allegedly] giving their shareholders the finger while allegedly plundering the Company pursuant to [non-insider] shareholder value destruction and failure to create [non-insider] shareholder value, again, contemporaneous with a negative q1 earnings surprise (downward consensus earnings revisions...), substantial raises, hundreds of thousands paid in Directors fees, incl. accordant dilutive effects and more future 144 insider stock sells, bonuses...We simply have never encountered this degree of alleged insider arrogance and blatant negligence with a NASDAQ NMS Company...very unfortunate. ...Note on the proxy form TMSR is requesting a RSVP as to whom will be specifically attending...very interesting and highly unusual... as in...never happens... A management and Board this out of control now becomes very predictable. allegedly...backdate the 1998 Option Agreement prior to the Q1 loss announcement and post date the Proxy Notice...a management and Board capable of allegedly reprehensible, egregious and illegal options repricings is simply capable of anything....as it has and is still proving...