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To: Mammon who wrote (1038)	1/30/1999 12:18:00 AM
From: Trader J	Respond to of 2489

Mammon: Good research there. Nice dig. TJ

To: Mammon who wrote (1038)	1/30/1999 12:20:00 AM
From: Matt Brown	Respond to of 2489

My take on the CFO resigning: I have seen it before in my town. Someone gets moved down the corporate ladder for making bad mistakes and the bro gets the big job. The other bro is envious and wants to get back. Best way to get the ultimate revenge? Try to manipulate that stock by leaving the company when it is about to hit an all time high in price, trying to overshadow the good news. But luckily, it seems he did not own many shares. Ilia and co owns over 50%. I just see the CFO resigning as a way to get back at someone who demoted him. Simple. Actually, if he was pissed off, it was probably better for him to leave since he controlled the "purse" around there! Matt P.S. I think releasing that first and giving the investors the whole weekend to digest it was a good thing. Might actually create a buying opp at AM..I doubt it though.

To: Mammon who wrote (1038)	1/30/1999 12:34:00 AM
From: Juan Dominguez	Read Replies (1) \| Respond to of 2489

Here is another explanation to the management change from Yahoo! This is a good post from the Yahoo! PRFM thread: Family power struggle: reason CFO resignation by: legalbuy (45/M/Boston, MA) 3103 of 3124MR. Lekach, which is the current CEO and Chairman has had many run-ins with his Son-in law, Simon Falic on a variety of fronts (compensation stock options, strategy, management style, overall direction and vision). Additionally, Mr. Falic's leadership skills were lacking in many fronts, thus the reason MR. Falic was "demoted" from the titles of President and CEO in October 28, 1998 to his current title of CFO, COO and treasurer. Mr. Lekach, who retired in 1994, came out of retirement and was appointed by the board to take over for Mr. Falic October 28, 1998 the title of CEO and Chairman of the Board. I don't know about you guys but If I was "demoted" from the position of CEO and Chairman to CFO and and COO I would be very bitter. MR. Falic's inevitable demise came 2 weeks ago when Mr. Lekach asked Mr. Falic to relinquish his title of stock options committe member and take a pay cut. The writing has been on the wall for Mr. falic to resign since he was demoted October 28, 1998 and replaced by Mr. Lekach. Nepotism is not good and creates these family power struggles, so when a family member leaves or resigns his/her position, all shareholders benefit as their is less familiy in-fighting over money and power, and unbiased fresh views and visions of growth can come in from "out-siders". Hope this clarified the resignation and why it happened. We go vertical on Monday!!!