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To: James Clarke who wrote (44)1/8/1999 8:15:00 AM
From: Terrapin  Respond to of 81
 
Received my annual report and proxy last night. Haven't had time to go through the report but the proxy gives a good idea of the incentives for which we've all been waiting! Proposal #3 is a stock option plan to take effect February 2 with options priced no lower than fair market value on the date issued. I don't expect to see much of a spike until then though I am not implying that they are intentionally rigging the price. Proposal #4 is an employee stock purchase plan. At this time I plan to following the director's recommendations for the proxy.



To: James Clarke who wrote (44)1/13/1999 9:34:00 AM
From: Terrapin  Read Replies (1) | Respond to of 81
 
Pre-Release of earnings last night. They claim they will exceed estimates by a few cents. Very good show.



To: James Clarke who wrote (44)5/4/1999 11:45:00 AM
From: Terrapin  Read Replies (1) | Respond to of 81
 
Hi James,

The recent drop in the share price out of its usual $13-$15 dollar range has me a bit concerned. I bought for the dividend so I'm not <terribly> concerned but wondering if anything had changed. As the dividend climbs my confidence in it diminishes.

As for AVLIS vs SILEX the company seems to be backing both. I'm hoping this means they will somehow benefit from either one as they come nearer to completion. Sound right?

Any news?
John