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Re: loophole73 post# 8000

Saturday, 02/08/2003 9:12:42 AM

Saturday, February 08, 2003 9:12:42 AM

Post# of 432766
Loophole

Your comments about management and their getting big salaries and bonuses and stock options should be justified if they get Ericsson doesn't sit well with me.

Let me use this analogy, you are on a baseball team and the team is going to play in the world series, and every day this superstar who may hit the home run to win the series, after you get dressed to play the game rifles through yours and all the other players clothes and steals your money, are you going to be mad as hell and want it to stop, or say heck he has a chance of hitting the home run that will win the world series and if he does that its O.K. he was taking my money for all these games.

The dillution of shares goes on into perputuity, the lesser stock price every year is paid by the shareholders and it will never end. The only resoloution is to repurchase every option granted to every officer and board of director and the stock returned to the treasury. If the officers does a good job pay them in salary, and then if they are not happy find someone who would do a good job an be content with a reasonable salary and CASH BONUSES if they exceeded in the reasonable expectations of the company. This sure sounds simple, and for the life of me, I didn't know that cash was a bad way to reward people. Cash hurts not one investor never ever, but options is a disease that isn't curable, the pain just grows with each issuance of a new option, and the cancer spreads.

Mickey
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