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Technology Stocks : TouchStone S/W (TSSW) -- Ignore unavailable to you. Want to Upgrade?

To: Grupo Brad who wrote (2192)	8/19/1998 7:18:00 PM
From: Buy_Low_Sell_High	Read Replies (2) \| Respond to of 3627

Any body catch that little gem about $524,000 going to the former CEO for severance? This guy should not be rewarded for doing a lousy job and getting the boot. Restructuring Expense. As a part of the Company's strategy to concentrate on creating more commercial sales, the Company has restructured its operations. The loss in the second quarter includes $778,000 of restructuring charges, which includes an executive severance package related to the changes in the office of the Chief Executive Officer totaling approximately $524,000; cost of $42,000 related to the termination of the contract with Trend Micro Systems; $149,000 of expenses related to the write off of capital assets; and expenses associated with a reduction in facilities of $63,000.