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saturn26

04/30/06 11:02 PM

#30544 RE: THEDOG 17 #30543

100K in salary or HISC shares? I keep thinking back to that decision by the board [mgmt] to take shares instead of salary. IMO, many people tend to forget this.

While this PR can be "spun" lots of different ways, let's review a couple of things:

1) Ian Riley is a young kid----23-25 in age I think. I could be wrong, but I believe someone mentioned he is married, with house, etc. While his father, Brian (also board member) probably has other assets/income, Ian MIGHT not have multiple income streams yet. Just a hunch, but his HISC salary is probably his [Ian's] main source of income. I'm 26 and worked a few years, I am able to appreciate 100K in income, especially at such a young age....I'm sure Kookbook and some of the other young folk here on the board would not pass on that cash unless something much better was coming IMO.

2) Restricted shares of HISC would not cover his rent/mortgage, food, expenses, etc.

3) Remember "Wall Street"? Gekko tells Bud Fox in the Athletic Club that "I don't throw darts at the dartboard....I only bet on sure things." IMO Frank and Co. aren't either on this one.....IMO this is their way of saying head's up to the investment community in the coming months.

http://biz.yahoo.com/iw/060405/0121470.html

Long and Strong