The Motley Fool Discussion Boards

Previous Page

Stocks J / Jakks Pacific

URL:  http://boards.fool.com/any-thoughts-24002566.aspx

Subject:  Any thoughts? Date:  4/21/2006  1:31 PM
Author:  wolfienola Number:  551 of 558

I noticed some of you had been following this stock last year (for a nice profit, it would seem!). Like TwinDelta, I saw this stock on an Magic Formula screen and, looking further, read this press release in early April:

"The employment agreements for Jack Friedman, our Chairman and Chief Executive Officer, and Stephen Berman, our President and Chief Operating Officer, provide, inter alia, that for each fiscal year between 2005 through 2010, their respective bonuses will depend on our achieving certain earnings per share growth targets..."

http://biz.yahoo.com/e/060404/jakk8-k.html


Unless they grow EPS by at least 20%, they don't get ANY bonus. After that it rises pretty substantially. (300% o fsalary for a 30% growth in EPS). This seems shareholder friendly. Of course, yesterday they announced a significant drop in Quarterly earnings, so hopefully this new incentive plan will kick in. I have not bought JAKK yet, but i am interested.

Maggy
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us