If within the next two years SWK stock should reach $40/share and stay there for 10 consecutive days, then he can exercise his million options with a cost basis of $30 per share....a nice $10 Million profit. Yet the only way to make that happen, as I see it, given his performance track record so far, would be for SWK to become an acquisition target for someone....which is highly unlikely. Who would buy such a company? Operational Excellence?...I don't think so. Management expertise....Right. Customer Intimacy....once, but not today. Successful, innovative Products?....Oh well, looks like we're all screwed....while he drives to work each day in his $90K Jaguar convertible...or Mercedes. Life is good for him and the CEC. I wonder how the board members can justify their actions? They are as responsible for the SWK situation as is Trani....more really. He's just doing what anyone wuold do....taking whatever he can get, getting his friends on the board, securing his position, and then looking for more. That's just good ol' greed...ala Gordon Geco. Yet, what a legacy he is building for himself... taking the Pepsi of the hardgoods industry and turning it into the RC Cola. One consolation. At least his bonus incentives are not guaranteed as they have been.
Trani hasen't destroyed STANLEY yet. It's True. If your doctor told you to take one pill every 1\2 hour for a hour. How many pills would take in one hour? Daaaaaah. Three (3) One on the hour, at the 1/2 hour and One at the top of the hour. Say More.