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Enron Mail |
I have been an Enron stockholder for several years and I am very disappoin= ted with the events of the last two weeks. I find the allegations of acco= unting irregularities incredible. I would like to know how closely the bo= ard had been monitoring the activities of the CFO and whether it approved = the partnerships that have led to the SEC investigation and the dramatic d= ecline in the company's stock price. I would suggest that the compensatio= n of senior management may be too heavily weighted towards bonuses (giving= some the incentive to manipulate the numbers to increase their bonuses) a= nd not heavily weighted enough towards stock options. I would hope in the= future the goals of the board and senior management will be aligned with = stockholders (increasing shareholder value). While I know it is not reaso= n to have expected the stock price to stay in the high 80s, I consider the = drop in the last two weeks (apparently as the result of fraud) to be inex= cusable. I believe the board owes all stockholders an explanation that wi= ll finally clear the air about this mess (maybe the markets will trust Enro= n again if it replaces evasion with candor). Please help return credibili= ty and ethics to this company, which apparently are badly needed. =20 Wayne Heilman Owner of 1,800 Enron shares (in my children's college fund)
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