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To: SE who wrote (8420)	5/4/1998 3:17:00 PM
From: Musya	Read Replies (1) \| Respond to of 10368

Re: It was a public company. So we thought. That is how it was supposed to be. But it was not. Let us hope for the better in the future. Musya

To: SE who wrote (8420)	5/4/1998 4:12:00 PM
From: SamYan	Read Replies (1) \| Respond to of 10368

Scott: At least, we see that Wilson and Corky stepped down. Wilson knows that he could not stay as CEO in the company. Shareholders and probably other members of management won't approve it. The termination of acquiring BING halls reduces the risk of further money loss for a long time. Now I consider the immediate cost increase from Wilson and Corky agreements. I do not think Wilson knows any math about this function. He only considers his immediate income from salary. He and his family still have a big interest in this company. He will have a big reward in his stock appreciation if he is willing to cut his payment. What a few cents added to the annual earning will help the stock price? If he knows pe, the increase of a cent earning will lift somewhat 20 cents for the stock price, then times his more than 1 million shares, he gets $200,000 more reward for every cent earning increase. These reward can be paid at a low tax rate compared to an income rate. CEO's of good companies get most from their stocks, not from their salaries. Wilson does not have a business sense, I think. Sam