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i hope to see dollar price as soon as possible

Lockheed Martin CEO cited for cutting trees along the Potomac
By Miranda S. Spivack,October 08, 2012

A large swath of land has been cleared of most of its trees at the home of Robert… (Jahi Chikwendiu/WASHINGTON…)

The priciest real estate in one of the region’s wealthiest enclaves can be a dangerous place to be a tree.
A few years after Daniel Snyder, the owner of the Washington Redskins, was penalized for cutting down 130 trees to improve the view from his Potomac estate, one of his high-powered neighbors is coming under fire for clear-cutting nearly an acre of protected land that overlooks the C&O Canal and the Potomac River.

Late last month, Montgomery County issued a $1,000 fine to Robert J. Stevens, the chief executive of Lockheed Martin. Federal park police have opened a criminal investigation into whether the tree-cutting in the Merry-Go-Round Farm community also violated a federal easement designed to protect the canal, the river and scenic vistas.

And environmentalists said they were enraged that another large swath of trees has been cut down.

“This is outrageous,” said Dolores Milmoe of the Audubon Naturalist Society in Chevy Chase. “Once again, people of great wealth feel entitled that they can just end run the permitting process or not get permits.”

Stevens, 61, whose 2011 compensation package totaled $25.3 million, paid the county’s fine and, through his attorney, said he regretted not getting approval and will work to restore the land. After the June 29 derecho, which damaged many of the trees on his property, Stevens hired an arborist and a landscaping company “to remove downed limbs and uprooted trees,” his attorney, Chuck Rosenberg, a former federal prosecutor, said in a prepared statement.

“He did this to make a very dangerous situation safe, particularly for the people who walk and ride horses on the trails that cross his property,” the statement said. “He did not do this to enhance his view to the canal; he did not have a view of the canal before the storm, and he does not have a view of the canal now. Mr. Stevens regrets that he did not request proper authorization for the actions he took and he willingly paid a fine to the county. He is now working closely with officials to remediate the land and restore its natural beauty.”

Stevens has been head of Lockheed Martin, a defense contractor based in Bethesda, for more than eight years. He is slated to step down in December. His compensation package makes him the second-highest-paid aerospace executive in the nation, according to Forbes magazine. He is the third-highest-paid CEO in the Washington region.

His Merry-Go-Round Farm mansion, #$%$ed at $2.74 million in 2010, is about two miles upstream from Snyder’s estate and sits above the C&O Canal. Like many properties near the 185-mile-long canal and towpath, Stevens’s estate is in a protected, scenic easement overseen by the National Park Service, which generally bars certain landscaping work and tree-cutting without prior approval.

Montgomery’s planning agency also fined the Merry-Go-Round Farm homeowners association $1,000, which the group is contesting, a county official said. County planning officials now say that based on a recent meeting with Stevens, he may be solely responsible for all of the illegal cutting, including on others’ property.

The restrictions in the federal easements are aimed at allowing users of the canal and towpath, a national historic park, to enjoy vistas and scenery next to the park without also having to look at development. Montgomery also holds similarly restrictive easements on many nearby properties. Stevens’s property is covered by both types of easements, officials said.

But now there is a large, barren opening that can be seen from a distance in what is otherwise a densely forested area.

Property owners along the canal are reminded of their obligations inside the scenic easements in an annual letter from the Park Service. Montgomery maintains a publicly available online database with maps that show its protective easements. Both types of easements require landowners to consult with government officials or risk penalties before undertaking major landscaping, tree-cutting or other projects.

Aerial photos show that before the storm, the now-denuded part of Stevens’s property was dense with trees — some as tall as 80 feet and more than 100 years old — including oak, beech and black gum, officials said.

Of the 35,000 square feet that were cleared, 25,000 square feet are on Stevens’s land, and an additional 10,000 square feet appear to be owned by a neighbor and by the homeowners association, said acting county planning director Rose Krasnow. Officials are still calculating how many trees were cut down.

Agency officials met with Stevens on Thursday at his house to try to work out a replanting plan, which he is to submit by Oct. 19. There are no plans to #$%$ additional county fines, Krasnow said.

But Stevens could face stiff federal penalties of up to $1,000 per incident — which could be calculated on a per-tree basis — and a possible one-year prison term, according to federal criminal tree protection laws.

its almost too late already

BHWAAAAAAAAAAAAAA HAHAHAHHAHAHHAHAAA!

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cacalisto1 cacalisto1 • Nov 27, 2012 9:48 AM Flag2
users liked this posts users disliked this posts 0 Reply Shorts just keep on coming.For all those shorts who have claimed I am angry, frustrated, etc. you win! I am. It is unbelievable to me how you all can have no stake (so you claim) while you continue to attack this stock. Your "selfish" motives, whatever they maybe, are obviously strong. You win not because I will sell off, I... More
..Sort: Newest | Oldest | Most Replied Expand all replies
poker194962 poker194962 • Nov 27, 2012 10:23 AM Flag0
users liked this posts users disliked this posts 1 Reply .Ahhhhh, look bunky there is something that you evidently do not understand. Stock prices go up because of performance and profit. Stock price is not dependent upon how many pumper posts are posted on some 2 bit message board. Fantasy posts and hopes and dreams do not equal profits and they never... More
Sentiment: Strong Sell
..2 Replies to poker194962 ollie.jensen ollie.jensen • Nov 27, 2012 10:58 AM Flag0
users liked this posts users disliked this posts 1 Reply .cacalisto, just thread all the message posted here on this MB to discover the answer to your question. "Poker" is just telling you the bare truths are not what you wanted to believe as many others both here on this MB and on the IV MBs. This stock has not performed and it has no other assets. Any... More
Sentiment: Strong Sell
..cacalisto1 cacalisto1 • Nov 27, 2012 10:57 AM Flag2
users liked this posts users disliked this posts 0 Reply .Dream on Shorty, I don't need to sell and I can afford whatever loss :)
Well, memories may grow short here but the "Shorts" don't forget some of the bombastic comments made here on this MB. The frustrations must keep heating up with all announcements and still this stock can't move the way the "pumpers" want it to go. Something must be rotten to the core with a company that has never made any monies for any SH. Read the statement in this thread of what "Poker" states as the obvious:
"Ahhhhh, look bunky there is something that you evidently do not understand. Stock prices go up because of performance and profit. Stock price is not dependent upon how many pumper posts are posted on some 2 bit message board. Fantasy posts and hopes and dreams do not equal profits and they never will.

The reality is that HDY does not have any profits and has never produced any oil and therefore the stock price and your investment are not doing well. This is FACT. Your hopes for HDY were based on pumper statements and your dreams.

Maybe it is time for you to put away your dreams of wealth , re evaluate your investment in HDY ,take your loss and move on. Screaming at the eeeeeeeevil shorts ( and they are not responsible for the failure of HDY ) will not make the price go up ...........just as the shorts did not make the price go down.

HDY IS DOWN BECAUSE IT HAS NEVER PERFORMED !!!! ( and judging by the past , it never will.)

Let some reality into your life , be a man and realize you F'ed up and it is your fault you lost money in HDY. Stop blaming the eeeeevil shorts for your mistakes"
So four months later and still looking in the face of this company ...still suffering from the malaise of corruption, selfishness and misguided trust of BOD and RL.

Sentiment: Strong Sell

Think i remember hearing on the Conf call that SIMO was not going to be in the Galaxy IV anyway.....Samsung (005930) may once again choose to use a Qualcomm (QCOM) Snapdragon processor in its upcoming flagship smartphone. Earlier rumors claimed that the company would equip the Galaxy S IV with a new eight-core Exynos 5 Octa processor, however a new report suggests otherwise. According to the Digital Times, the Exynos 5 Octa and other ARM Cortex-A15 Exynos chips are experiencing power consumption issues and temperature problems that have forced Samsung to turn to a Snapdragon chipset.

Our own quick survey too exposed the supply constraints. Many stores that Emirates 24|7 contacted said they had very few units left. “The stock situation is fluctuating. We run out of stocks on some days. But then we receive fresh stocks soon. Currently we have about four units remaining, all white,” said the Sharaf DG sales executive.

eMax, another UAE electronics retailer, too said BlackBerry Z10 stocks continue to remain thin. “We still have stocks, but they are limited.

Ever since BlackBerry launched its Z10, it has been the No. 1 seller.

We still have Samsungs and iPhones selling but they have been pushed to No. 2 and 3 spots,” said another sales staff.

That will be music to the ears of BlackBerry, but is supply remains short, will customers continue to wait? “There are a few who still continue to opt for the BlackBerry Bold. Those are mostly who are all qwerty fans,” added the eMax sales personnel.

Axiom Telecom, BlackBerry’s official resellers in the UAE, had earlier announced that the new BlackBerry Z10 is accounting for almost 60 per cent of all handset sales across its UAE stores since being available on February 10.

“The UAE’s response to the Z10 has been truly remarkable, and we are set for huge, record-breaking sales,” said Faisal Al Bannai, CEO, Axiom Telecom.

“We knew that the UAE is one of most enthusiastic BlackBerry markets in the world, so we planned well ahead to ensure we were ready to cope with customer demand. The strategy has paid off, and we are proud to say that there are still plenty of stocks across all of Axiom’s UAE stores.”

Axiom claims it has enough stocks available even as in-store stocks remain very limited. A sales staff at Axiom Dubai Mall, speaking over the telephone, said it had run out of stocks since Monday. “Tomorrow, probably, it might be available,” he said.

“We are continuously receiving shipments from BlackBerry and have been able to serve customer demand thus far. We urge customers to book the product in the exception situation that the product maybe out of stock during brief periods,” added Bannai.