company clearly runs it for their benefit. The SEC 14A filling indicates that in 1998 (the latest 14A from 4-99)** Shaw was compensated to the tune of $800,000, Workman and Langdan $500,000 , Carlton $487,000, Pollock $278,00.
The executives enrich themselves while the stock is now at the same price that it was in Jan 1998 and substantially below it 1996 high of $50.
BOYS, YOU HAVE BECOME RICH WHILE YOUR FAITHFUL INVESTORS ARE APPLYING FOR FOOD STAMPS. NICE GOING. NEXT YEAR WHY DON'T YOU DOUBLE YOU SALARIES.
PS Since 11-98 our friend Shaw no only to home a big salary but he also sold $3.7 million worth of idxx stock.* Alas, Workman only sold $2 million.*
that. It's always the case that these jokers run the company for themselves. Without the stock market con*, we shareholders would have lost more than our shirt.
*Ladies and gentlemen, put you money in the market. There is no risk. It's just as safe as an insured deposit in a bank. Don't worry all will be well. Meanwhile, insiders are selling like crazy accumulating hundreds of billions in their vaults while the poor lowly average man thinks that when he retires these useless pieces of paper will give him a taste of luxury. THE BIGGEST CON JOB IN THE COSMOS.
PS One owner of a third-rate enterprise software company cashed out with $25 million bought an 8 million dollar home. A new Lamborgini.....and he's just about ready to dump another million + shares for $20,000,000. Where does all that money come from? From us fools who think these pieces of papers will really be worth something in 10 years after the executives have taken out their billions.