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rachelelise

04/21/07 8:11 AM

#141976 RE: micro59 #141973

Micro

I find that when we start thinking of current pay as excessive it dilutes the arguements against this absurd proposal. We can have all sorts of views of what appropriate compensation is (personally I don't find senior management's current pay excessive but I appreciate the eprformance cirteria issue). But regardless the current amounts are simply at the 99.9% and there is no coherent explanations for the request - and whatever we heard was shown to be factually inaccurate by Unclever. Maybe they told the Board the same thing and they nodded yes but never asked to see the information.
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scorpio_esq

04/21/07 9:23 AM

#141982 RE: micro59 #141973

So, let's cut the top three's bonus options out of the plan and out of the picture... would the plan then be any more or less fair, equitable, and necessary? in my opinion, No. There is a seething rage smoldering below the surface among a proportion of longs, that won't be quenched until SKS takes a vow of poverty or delivers at least a $10+ share price. this is a geat time to cripple the company in its management discretion... just when the hocky stick is poised to inflect skyward.