Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Wegener -- Ignore unavailable to you. Want to Upgrade?

To: hookjock who wrote (1600)	11/6/1998 6:05:00 PM
From: hookjock	Read Replies (2) \| Respond to of 2919

Anyone here have any thoughts on the possibility of the preferred stock issue? Without really thinking about it too much I am really not sure of the benifits of the preferred. It creates another layer above the common shareholder and would allow the company to use the issues as they see fit. And it's only 1 million shares and how much cash would that bring in. They already have a hoard of cash and plenty of available credit. But like I said there may be benifits to this procedure that I am not aware of. By the way the bonus that was handed out to management for performance workes out to 5.5% of salary for Woodbury and Placek and 23% for Smith.