----- Original Message -----
Sent: Saturday, February 22, 2003 3:33 PM
Subject: Re: Constructive Suggestions
Check out what I am doing on my own web page.
With the WSC web page out of my hands I have NO
ties to WSC management and feel I can speak more freely. Laura suggested I
was a seditious SOB :-) I just wanted a place to put emails and other
"facts" of interest for folks to read. I need to tell Butts he can
have all the space he wants.
Hope your apointment goes well. Come over if
you get to Raleigh early enough. I will be working on the railroad all
morning but should be around here in the afternoon.
... Mr X
----- Original Message -----
Sent: Saturday, February 22, 2003 3:11
PM
Subject: Re: Constructive
Suggestions
Dear Mr. (It is ok if I call you by your first name?),
They had a meeting last night but I haven't talked to Butts to see
if he went. I think he was on call and may have been working. If I hear
anything I'll let you know.
Good for you about the web page. I hope John will continue your good
work.
We'll be in Raleigh tomorrow for the make-up appointment on Monday.
Mike & Eva
>From: "Gil Vick"
>To: "Michael Casalena" ,"Greg &
Val Georgevitch" ,"Bill DuPere" ,"Bill
Purcell" ,"Butch Blanchard"
,"Cameron Coburn" ,"Mike
Butts" ,"Mike Cooper"
>Subject: Constructive Suggestions
>Date: Sat, 22 Feb 2003 11:39:05 -0500
>
>To offer what I hope are a few constructive suggestions:
>
>1111111111111111111
>In as much as Cameron, as a board member, voted for the stock
buyback resolution and was provided inside information (stockholders list) he
should simply be considered a buying agent for WSC.
>
>Any stock he tenders should simply be put in the WSC treasury
and when he submits a legitimate expense voucher WSC should reimburse him for
his expenses and thanked profusely for his troubles.
>
>This would avoid any ugly motions or actions by the board
against Cameron. If he wished an ugly fight he would have to advance it. You
could even brag in Luff'n News about how successful he had been in securing
stock for the buyback program.
>
>Keep in mind -- I still think that any individual acting on his
own behalf can buy all the stock he wants. Cameron's trouble was trying to do
this while a board member with an outstanding buyback resolution.
>
>222222222222222
>The board could censure Cameron's self dealing actions and seek
whatever legal action required to void his purchase.
>
>333333333333333
>The board could stick its head into the sand and hope this
problem goes away with reputations intact.
>
>I can assure you that it will not.
>
>***************************
>I would suggest option 1 before more damage is done. I am
betting that you will shoot for option 3. Remember -- silence is consent.
>
>... Mr. X
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