To: Kurt R. who wrote (13730 ) 6/19/1998 11:54:00 AM From: Neal davidson Read Replies (3) | Respond to
This thread is deteriorating, and it is not a pleasant sight. Fine, Kurt, you are not whining . We can call it something else if you prefer, but the fact of the matter is that you are saying the same thing over and over and over and over. We all wish Jimmy had done some things differently. He owns lots of shares and had enough incentive to make the stock go up without lowering the strike price of his options. But his actions were not illegal and not all that uncommon. We now have new management, and while JJ is still on the board, he is not running the day-to day-operations, and his presence, from what I can see, has not hurt the company. I doubt that CPM would have agreed to sign on with Naxos if they felt that present or former management was still a problem. A general question was posed to you and the other recent ranters: What has current management done which is unethical? No answers to that question have been given, except the vague assertion that all former purported ethical violations should be recanted by present management. I am quite certain that present management does not approve of unethical behavior. That is why management has changed. Kurt: what is your agenda? Instead of complaining again and again, tell us what you want done in the future (besides management agreeing to your ethics proposals, as fiduciary duties are inherent and do not require your ideas). The past is gone, and it is of no help for you to keep rehashing it, raising inferences of nefarious behavior by current management. Do you have substantive proposals?
