What is going on with this place?













I think it has to do with the exec team. 2 in particular. They need to stop dipping their pen in company ink first of all, but I think they want to force out longer tenured people as much as possible so that those peoples ESOP shares go back into the pool and get distributed to the remaining people. THey won't fire themselves and over the years they will just keep gathering up everyones shares and make themselves richer by the year as they cut peoples pay and continue to load up their ESOP accounts.THey make it just miserable enough so people don't want to be there longer than 3 years so they vest in the ESOP at 20%. Remember it takes a new hire a full year to qualify for eligibility and then they don't hit the first vesting hurdle until year 2. So by then they will have chased them off and the shares get redistributed again. Poor Doc, These guys have the wool pulled over his eyes. It's a shame really.
 












Well put.. The naive aspect of this is On the original presentation they had figures that estimated at current growth, 100%, or at a slow growth, 20%. What dumbass figured that a commodity company could maintain 20% longer than 2 years? We will get lucky to hit 10% this year. Word is that anyone worth anything is job hunting and the rest are, well, over paid. Wait, I'm over paid... Never mind.