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


To: cmg who wrote (2606)4/12/1999 8:02:00 PM
From: BGL  Read Replies (1) | Respond to of 3627
 
Actually, I don't totally mind the 3% of gross bouns -- 3% of gross, not net? -- Yikes! Anyway, if he can get $6 million in sales I'd be more than happy to give him a cut. What I'm worried about is people taking big *chunks* out of the company like the $500 000 payment to Jordan. I HOPE we do not learn that Mass had to be paid off with another $500 000 to leave.

These large payoffs represent years of work and large amounts of shareholder equity.

Was it really 3% of gross?

Cautiously optimistic...BGL