Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Dissident Shareholders Send Message to Yahoo
By MIGUEL HELFT
SANTA CLARA, Calif., June 12 — Yahoo said on Tuesday that about a third of its shareholders had voted against the re-election of one or more company directors. The vote against some directors had been recommended by three Wall Street advisory firms who complained about what they described as excessive executive pay.
During the annual meeting of stockholders here, Yahoo officials said that all members of the board had been re-elected with 66 percent or more of the votes. The company would not give more details about how many votes each director had received.
“That’s one of the larger no votes of the year,” said Patrick McGurn, executive vice president of Institutional Shareholder Services, one of the firms that advised shareholders to withhold votes for three directors on the company’s compensation committee. “I think it does send a significant message on compensation.”
I.S.S., along with Glass Lewis and Proxy Governance, criticized the compensation committee for awarding bonus and retention pay in the form of 6.8 million stock options to Terry S. Semel, Yahoo’s chief executive, in a year when the company’s shares dropped nearly 35 percent. I.S.S. valued Mr. Semel’s pay in 2006 at $107.5 million, making him one of the nation’s best-paid executives.
Separately, Yahoo shareholders rejected approximately 2-to-1 a proposal that would have tied executive compensation to competitive performance. They also rejected, by wider margins, proposals to establish a committee to oversee Yahoo’s human rights practices and to require the company to fight censorship and protect freedom of access to the Internet in countries with repressive regimes.
Human rights groups have criticized Yahoo for helping Chinese authorities identify dissidents who were later imprisoned. Some of those dissidents and their relatives have recently sued Yahoo in federal court.
Jerry Yang, Yahoo’s co-founder and “chief Yahoo,” said at the meeting that the company had been actively lobbying the United States government to assist Internet companies in fighting censorship and protecting human rights in countries like China. Yahoo has also been working with academics, nongovernmental organizations and others to create a set of principles to protect freedom of expression, he said.
“Yahoo is committed to protecting human rights globally,” Mr. Yang said. His presentation drew a round of applause from many of the estimated 100 shareholders.
During the meeting, Mr. Semel gave an upbeat presentation about the company’s recent accomplishments and its prospects.
But Eric Jackson, a shareholder who had mounted an online campaign critical of management, questioned that assessment.
“I am surprised that you didn’t apologize to the Yahoo shareholders for the last three years of Yahoo performance,” Mr. Jackson said. “We heard the mission, we heard the strategy repeated here this morning. I think we are left with questions of how you are going to execute this strategy.”
I agree 100% with this post.
...............................
EDIT: In fact I was bullish on WAVX when I thought the Pizza
company was the begining of a series of these companies.
But it never happend.
...................................
Posted by: bbigtim
In reply to: go-kitesurf who wrote msg# 144540 Date:5/13/2007 3:28:46 PM
Post #of 144582
go-kitesurf/Revenues
People talk about revenues as the factor that will move the share price. I think they are right, but the key factor is not the amount but rather the source of new revenues. Right now the basic WAVX revenue model remains unproven, because no major enterprise or government customer has paid to upgrade to the full Embassy software package.
In my opinion, a single enterprise or government upgrade for 10,000 seats yielding only $500,000 would do much more to move the share price than millions of dollars of additional revenue that comes only from bundling of the light version of the software. Indeed, a single substantial enterprise purchase closed while Wave is still losing money would do more to persuade those who are waiting for tangible proof that Wave has a viable business model than reaching profitability based only on bundling revenue.
Thanks Weby
There are no new posts on the
All
Wave
Knowledge
board anyways. The only one I read.
It's up again, this morning.
I haven't been able to
access it for some time.
There was a post there by jose about ten days ago that suggested there were serious speed problems and they would eventually go away. I've gotten on a couple of times since then
Did Atomic Bobs blow up I haven't tried to get on in several weeks - but I haven't been able to get on in several days of trying.
toro
I **LOVE** this country...
http://www.smh.com.au/news/national/topless-car-wash-given-the-go-ahead/2007/05/04/1177788378020.htm...
'YOU' created the link?
It's a Verizon web page, isn't it?
And what I want to send a text to my mate on Optus in Australia?
OFF TOPIC SPAM
I was tired of calling people and getting "I am sorry, but the voice mail of the person you are calling is full"...So I created a cool link called www.leaveatext.com feel free to go there any time you need to leave a message on a cell. it is coool...CL
HOW_DID_YOU_VOTE
http://www.siliconinvestor.com/readmsg.aspx?msgid=23503008
Interesting:
.................
Shareholder votes on pay have been adopted in Britain, Australia and Sweden, and advocates say that, while pay packages are rarely rejected, the votes help to keep executive compensation in check.
The bill is H.R. 1257
The House of Representatives have now passed bill and sent it senate. TTT
'non-binding'.
Waste of legislative time.
Shareholders' 'say on pay' due for House vote
PrintE-mailDisable live quotesRSSDigg itDel.icio.usBy William L. Watts & Robert Schroeder, MarketWatch
Last Update: 7:01 PM ET Apr 18, 2007
WASHINGTON (MarketWatch) -- The House of Representatives began debate Wednesday on legislation that would give shareholders a nonbinding vote on the pay and benefits doled out to top executives.
The legislation, dubbed the "say on pay" bill, would require that public companies allow shareholders an annual nonbinding advisory vote on their company's executive compensation plans. It also requires an additional nonbinding advisory vote if the company awards a new golden parachute package while simultaneously negotiating the purchase or sale of the company.
The White House early Wednesday issued a statement opposing the bill, but didn't specifically threaten a veto from President Bush. The full House is expected to vote on the package Friday morning.
The bill cleared the House Financial Services Committee on a 37-29 vote last month. Republican lawmakers and the White House say the bill is unnecessary, arguing that recent federally mandated disclosures about compensation go far enough to empower shareholders.
"Before additional corporate governance requirements are legislated, the administration believes that recent enhancements should be given time to take effect," the White House said in a statement of administration policy issued by the Office of Management and Budget.
The legislation, authored by Financial Services Committee Chairman Barney Frank, D-Mass., wouldn't limit how much a CEO or other officers earn. Proponents say the measure would allow shareholders to make their views heard in cases of excessive compensation.
The issue of "say on pay" has been one of this year's hottest corporate proxy season issues, with investor outrage stoked by huge payouts for executives at companies like Pfizer and Home Depot, where CEO Robert Nardelli walked away with a $210 million package despite shareholder complaints he didn't deserve it.
William L. Watts covers Congress and politics for MarketWatch.
Robert Schroeder is a reporter for MarketWatch in Washington.
Hi Trend,
Had no idea about the board politics and prefer to stay out of them...I was thinking the same thing..It looks like it wants to brake out, and with the growing institutional ownership, they may support this stock instead of bailing on the previous failed rally attempts.
..CL
crazylarry
The coming PIPE and how WAVX price reacts to PIPE will be very
important. IMHO.
Right now WAVX is holding up very well after the WEEKLY SELL "I".
And the Percentage of large holders is increasing.
YES. 2007 turning out to be very interesting.
A trader has to love the large up and down moves of WAVX
(Percentage wise)
Crazylarry
I have been banned for a very long time from that
other Snackman Board.
PS: Take a look at the title of this board for
WAVX buys and sells.
http://www.siliconinvestor.com/subject.aspx?subjectid=46444
This looks very much On Topic....It belongs on the other board if you ask me...CL
Future Revenue Model based on units
Hey! Any one want to try reading numbers off this chart?
Is the Existing Partners a linear blue line
after Q2 2007 ?
YES. IMHO.
As an assistant moderator of the WAVX ibhub board, I will post posts over here which seem to me to be ad hominem, Off- the DD topic, and seem meant to or do cause disruption. The previous three posts all fit in that category. Of course, some posts will be close to the line between humor and insult humor.
I do not claim to be entirely objective in that regard. One man's humor is another man's national scandal.
Posted by: julesg
In reply to: A deleted message Date:4/1/2007 8:02:28 PM
Post #140699 of 140699
This seems to be a very inappropriate post for which a forgotten password does not provide an excuse.
Posted by: keV
In reply to: mat tay yo who wrote msg# 140689 Date:4/1/2007 7:42:04 PM
Post #140697 of 140699
How come...
you didn't have your Juggler ball cap on too!?
Current Q1 2007 REV EST.
WEBY,T_BONE and OCLV99
should I delete your current Q1 2007 revenue projection ?
Thanks
Will Not post to table.
Posted by: hawkshaw
In reply to: A deleted message Date:3/25/2007 1:52:09 PM
Post #140257 of 140263
awk...Fair question. The legimate judgment would be made by those in possession of the first-hand reports. In this case...Mundo has that information, and has made the judgment that the item in question is efficatious.
You and I, as second-hand possessors of the information, have to make a judgment as to the credibility of the first-hand reporter. As I stated before...in this situation, and in this forum...I have no reason to doubt Mundo's veracity...
Posted by: awk
In reply to: A deleted message Date:3/25/2007 1:46:12 PM
Post #140256 of 140263
hawkshaw: Well...
...one has to make a legitimate judgment based on the specific evidence at hand...rather than making a knee-jerk denial...in order to be intellectually defensible..."
And what is the legitimate judgment?
Posted by: hawkshaw
In reply to: awk who wrote msg# 140205 Date:3/25/2007 1:32:31 PM
Post #140255 of 140263
Awk & Eammon..."Standard" scientific processes are all well and good...but the sheer bottom-line reality is that anomalies DO indeed exist, and occur with greater regularity than mainstream science is normally comfortable with.
The fact that charlatans are out there peddling their snake oil has absolutely NO relevance whatsoever on the (as yet) scientifically undocumented/unreplicated cases where CREDIBLE (as would reasonably appear to be the case...in this situation and in this forum) FIRST-HAND evidence is reported. As with any other situation involving alternatives...one has to make a legitimate judgment based on the specific evidence at hand...rather than making a knee-jerk denial...in order to be intellectually defensible.
PS...the (proposed) title of the book I'm working on is "Science and Revelation in the Age of Unreason"...
I believe you're smart enough to know the difference between a market prediction and an I'll take.......
Weby I will assume you want to wait until at least DUTTON
posts it new 2007 estimates before I post your estimate ?
Quote" but I'll take a cash flow positive 20 million in 2007 "
In case I am wrong, let me know.
You can delete this post if you want.
Posted by: hnstabe
In reply to: None
Date:3/24/2007 11:36:58 PM
Post #of 140228
bake56- Keep your hopes up high. I went through a similar situation last Oct. 40MM polyp half way up the ascending colon. Could not remove it during two colonoscopies. Looked cancerous, at least precancerous cell structure, not sure. Opened me up and removed most of the ascending colon. No invasive carcinoma. 17 lymph nodes examined. Incision healed, now I am back playing golf and tennis. I was on some prayer lists also. Good Luck.
No access to premium OT board.
Posted by: scorpio_esq
In reply to: bake56 who wrote msg# 140191
Date:3/24/2007 9:22:40 PM
Post #of 140225
We're all pulling for you, and you'll make it. Wavoids have fortitude, believe me.
Posted by: scorpio_esq
In reply to: bake56 who wrote msg# 140191
Date:3/24/2007 9:18:57 PM
Post #of 140224
I have a good friend whose brother is going through matasthesized liver cancer. She is a Wavoid who, I'm sure, would be willing to counsel and console you. I will ask her, and in the meantime e-mail me at <al-waliid@sbcglobal.net>.
Bake56
Hang Tough. As all the news pointed out this week with the Edwards, every day is precious, and NONE of us know which is our last. Don't anticipate the worst, because the best is yet to come. Take the non-traditional medicines understanding that if they really worked -- everybody would be using them. We have a bit of experience with lots for a common chronic condition that didn't do a bit of good -- but being from NY -- Hey, you never know.
The Wavoid community has some deeply religious people. If prayers work, you'll get a good dose. Best of luck with the operation. If you remember, in my case, the operation WAS worse than the disease, but now I can laugh about it. Hopefully, you'll be laughing about this scare thirty years from now.
Weby
Posted by: unixguy
In reply to: Bull_Dolphin who wrote msg# 139327 Date:3/24/2007 5:50:29 PM
Post #140216 of 140220
I added up all numbers and added up what I made in the same time period and Wave is just 10x better than me. Or a better way to look at it is 10 Unix Guys=Wave.
Posted by: Whitewash
In reply to: bake56 who wrote msg# 140191 Date:3/24/2007 5:41:38 PM
Post #140215 of 140220
Bake: I had a three year fight with Hodgkins. If you have any questions please feel free to email at: jwavex1@yahoo.com. Also, Ramsey has been my health guru over the years. He has a wealth of knowledge in terms of alternative treatments and diet. Reach out to him as well. Jeff
Posted by: Escrow56
In reply to: bake56 who wrote msg# 140191 Date:3/24/2007 6:45:47 PM
Post #140218 of 140220
OT:Bake56 American Botanical pharmacy. Dr. Richard Shultz in Marina Del Rey California. Has a program called the incurables program. It is a 30 day program. Research and read about him There are hundreds of amazing testimony's.All the best.
Previous | Next
Hi Larry,
Thanks for your interest in GuardianEdge. I asked around and was able to find out that GuardianEdge indeed does use TPM.
Have a good day,
Regards,
Max Valerio
Max Valerio
Business Development
GuardianEdge Technologies
475 Brannan Street, Suite 400
San Francisco , Ca 94107-5421 Phone: (415) 683-2221
GuardianEdge Technologies
"The Encryption Anywhere Company"
Crikies/eom.
toro
I LOVE this country...
http://www.smh.com.au/news/world/boobs-on-bikes-bid-for-oz/2007/03/02/1172338867654.html
Followers
|
45
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
675
|
Created
|
07/25/03
|
Type
|
Premium
|
Moderator crazylarry | |||
Assistants Weby Fullmoon |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |