Subject:
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Re: Coles Myer Card = Great News!!!
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Newsgroups:
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lugnet.loc.au
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Date:
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Mon, 15 Oct 2001 13:29:32 GMT
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Viewed:
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508 times
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Speaking of the Coles Myer discount card (which Mel wasn't) ...
I see in this morning's Courier-Mail that the new Coles Myer CEO is
muttering about cancelling or significantly modifying the shareholder and
employee discount scheme.
Regular readers of this newsgroup will, of course, been aware that the CM
discount scheme has just finished a year or more of moratium for
"reconsideration" culminating in the creation of two separate classes of
shares, those with and without discount entitlements, a reasonably complex
solution which essentially leaves the status quo intact!
What are the shareholders to think about these new mutterings? If the new
CEO is right that the shareholder discounts are a bad thing for the company,
how should we feel about the time and effort gone into the previous
re-think? Were all the people involved collectively a bunch of fools? If so,
how much do we pay them and why do we continue to employ them?
Alternatively, the new CEO is wrong, and apparently isn't willing to listen
to the staff who have spent months working on the problem. In which case how
much do we pay him etc?
Kerry
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Message is in Reply To:
 | | Re: Coles Myer Card = Great News!!!
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| (...) You Goose! :P "Woohoo, now how cool is that... well kinda, it just means more temptation to put all those goodies onto the Credit Card" <--- that gives it away :P Hehe... Mel (23 years ago, 15-Oct-01, to lugnet.loc.au)
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