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Sapient Corp. Message Board

  • bardonow bardonow Dec 2, 2006 11:40 AM Flag

    Ok, earnings

    Should be coming soon.

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    • i'd also be looking at the disclosures that they put into their filings. did anyone recently notice this line on recent transactions for mr. tibbetts:

      1-Nov-06 475,000 SAPE Acquisition (Non Open Market)

      which, by today's dollars, appears to be a grant of over 2MM. quite the signon bonus. is this really a good message to be sending to investors? having failed CFO after CFO, the firm is taking a chance on another guy without "skin in the game"?? oh sure, he probably has another 475k shares in options over the next 4 years or whatever... but come on.. isn't this a bit silly?

      let me guess, based on herrick, desai, and bradford's comp, can probably guess that this guy's salary is at least 320k. In addition, they appointed stephen sarno CAO so, that means another 320k salary.

      offense (opposed to "no offense"), this stinks. a lot of promotions and increases in salary to continue to suck wind in performance. i mean, really, there doesn't appear to be a downside for anyone on the sr. exec level. they just continue with the phat checks while the company shareholders live with ass performance. sure, they will claim that they have been increasing revenue blah blah blah - i want positive momentum on their stock!

 
SAPE
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