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Technology Stocks : CAWS - Wireless Cable (New and Improved) -- Ignore unavailable to you. Want to Upgrade?

To: Scott Rafe who wrote (5485)	7/31/1998 5:14:00 PM
From: .com	Read Replies (1) \| Respond to of 5812

Of course their web site is up. They are not out of business. Just the shareholders are. Keep in mind that after the reorg. they will actually be allowed to issue shares to more people and keep operating their business. With the same management. With the same salaries (which you paid for). With the same perks. With new stock options granted to them. With golden parachute packages. SUMMARY COMPENSATION TABLE <TABLE> <CAPTION> ANNUAL LONG-TERM COMPENSATION COMPENSATION(1) Fiscal Number of Securities NAME AND PRINCIPAL POSITION PERIOD SALARY BONUS UNDERLYING OPTIONS(2) <S> <C> <C> <C> <C> Jared E. Abbruzzese 1998 $350,000 $154,575 575,000 Chief Executive Officer 1997 350,000 - 350,000 1996 277,300 150,000 - John J. Prisco(3) 1998 200,000 64,575 350,000 President and Chief Operating Officer 1997 200,000 40,000 150,000 1996 12,308 - 200,000 James P. Ashman 1998 183,000 61,763 177,000 Chief Financial Officer 1997 183,000 - 100,000 1996 140,100 - 40,000 Gerald Stevens-Kittner(4) 1998 180,000 53,775 140,000 Senior Vice President - Spectrum 1997 170,343 - 20,000 Management 1996 3,558 - 120,000 Bruce Kostreski(5) 1998 144,399 70,281 45,000 Senior Vice President - Engineering 1997 125,000 - 15,000 1996 4,808 - 30,000 </TABLE>