SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
Investment Ideas Served Daily By People You Trust
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

6 pts

Opinion on  Blockbuster Inc. (BBI)     Sector: Services  >  Industry: Recreational Activities
Blockbuster CEO Still Has 'Total Access' to Private Jets

Dec 13, 2006 09:53 AM UTC
Return Risk
+81.04% MID
Tracked Blogger

Via www.10qdetective.blogspot.com/:  

On November 29, 2006, in-home movie rental and game entertainment provider Blockbuster (BBI-$$5.17) announced that in connection with the Company’s sale of its corporate aircraft, the Board had also entered into an addendum to its employment contract with Mr. John Antioco, its Chairman and Chief Executive Officer. Specifically, Mr. Antioco’s employment contract was modified by reference so that instead of use of the Blockbuster aircraft, he was entitled to continued use of a chartered aircraft.



According to the Company’s Proxy Statement filed with the SEC last April, during fiscal year 2005 and fiscal year 2004, Mr. Antioco (1) received a base salary of $1,250,000 and additional, deferred compensation of $383,333 and $1,045,192 in base salary and $1,000,000 in deferred compensation, respectively; (2) received a cash bonus of $5.0 million paid in 2004 (for 2003 performance); received 5.0 million restricted stock units worth $26.8 million in 2004; (3) received a car allowance of $1,100 per month for each year; and, (4) recorded expenses of $92,125 for personal use of the Company’s plane in each year.

This is a tracking account  [?]   SocialPicks is not affiliated with David Phillips. The POS/NEG sentiment is automatically determined by SocialPicks from this blog post and should not be recognized as a position recommendation by David Phillips

BBI:  This call was made on 12/13/06 @ $5.17
Rating:   Negative   $5.17 (12/13/06)
Gain/Loss:   +81.04% in 709 days


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

Who voted on this idea?
tapwa N/A 12/14/2006
Bauer24
demo24 59% 12/14/2006



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 29.65 +61.65% 160
2 Gerald Greene 21.24 +48.89% 50
3 The Big Bear 19.00 +49.44% 205
4 krprasad 17.77 +19.60% 4
5 David Young 15.63 +16.16% 6


POPULAR STOCKS
Symbol Company Name Sentiment
AMZN Amazoncom Inc
AIG American International Group Inc.
PFE Pfizer Inc
AMD Advanced Micro Devices Inc
AAPL Apple Computer Inc
XOM Exxon Mobil Corp

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
Blockbuster Inc. (BBI)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
49.0%
Top:
0.0%




Latest Picks by David Phillips
Symbol SP Sentiment Rating Return Since

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch