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mymoneybgone

04/23/07 2:11 PM

#142369 RE: SlateColt #142368

Slate the clarification is a huge point

They did not need this incentive to bring Thomas Hojdono(sp) in recently. True the 500K could be for heavy hitters. It could also be a way to replace shares already owned, putting that money in one's pocket when sold and getting a year end tax loss write off. Will either of these happen-hard to say. All I know is they have had new hires come on board and it is still the same names year aftert year holding the options. Berger has come on board-no options that I can see, and there are probably others. There is nothing in the past history that guarentees thes will be used for new hires only and not a way for the head honchos to make themselves whole after the RS as it seems these numbers triple the old option plan across the board. there is nothing in the past history that suggest they will use this for what we hope and there is nothing in the proxy that will hold them to it either.

Dave

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vickers2

04/23/07 2:43 PM

#142370 RE: SlateColt #142368

I'm surprised (maybe I missed it) nobody has jumped on the "I'm sure we'll never issue them" comment (or to that effect) from Steven to Snacks when addressing the 500K number. Then why the hell do you need approval for the 500K allotment?