Enterprise will go public

Originally Posted by Unregistered

Erac has no need to go public the company prints money and the taylors have enough capital to keep enterprise afloat 10 times over.

Yes, the Taylors are worth over $16 billion.

Enterprise cannot go public because share holders would freak when they saw the salaries of RVP's and higher. Not many public companies pay hundreds of employees $500k plus. If they did go public there would be a lot of employee cuts or salary cuts.

Originally Posted by Unregistered

Enterprise cannot go public because share holders would freak when they saw the salaries of RVP's and higher. Not many public companies pay hundreds of employees $500k plus. If they did go public there would be a lot of employee cuts or salary cuts.

Settle down there, hundred of employees making over $500k.
PPPLLLLLLLLLLEEEEAAAAAAAAAAAASSSSSSSSEEE!

This would be very doubtful and doesn't make sense for a lot of reasons. Trends in the US show that companies are staying away from going public because of SOX issues i.e. anti Enron rules. So why as a privately owned company with tons of cash would the Taylor family add a ton of extra OH to go public. You go public to get access to extra capital so don't hold your breath.

Originally Posted by Unregistered

This would be very doubtful and doesn't make sense for a lot of reasons. Trends in the US show that companies are staying away from going public because of SOX issues i.e. anti Enron rules. So why as a privately owned company with tons of cash would the Taylor family add a ton of extra OH to go public. You go public to get access to extra capital so don't hold your breath.

you're probably right
but if the taylors were to sell or get out of the business, going public would be a good move.
i think it is folly to base a company as large as ERAC around one person's last name...succession via nepotism doesn't work forever

[Shouldhavequitsooner]

Originally Posted by Unregistered

Settle down there, hundred of employees making over $500k.
PPPLLLLLLLLLLEEEEAAAAAAAAAAAASSSSSSSSEEE!

Actually, I can think of 5 people in group 55 who make at least that much.

[dabanker]

They are lying to you. I'm sure some of them might have bonused a month or two in their lifetime that would have supported a 500K salary. But not every month. Especially the way the market is.

Are we asking 500K a month or 500k a year?

Originally Posted by Unregistered1

Are we asking 500K a month or 500k a year?

Use you fucking brain. Do you think ERAC is going to pay employees $10/hr and then pay huge salaries to the jokers at group level, that could be replaced in a second by other employees just as unqualified as they are, c'mon?! I know bigshots in St. Louis with fancy titles that don't even clear $100k, not that that's a bad salary. But it sure as hell ain't $500k.

Originally Posted by Unregisteredd

Use you fucking brain. Do you think ERAC is going to pay employees $10/hr and then pay huge salaries to the jokers at group level, that could be replaced in a second by other employees just as unqualified as they are, c'mon?! I know bigshots in St. Louis with fancy titles that don't even clear $100k, not that that's a bad salary. But it sure as hell ain't $500k.

Dude your in denial, GMs average $100K a month RVPS avg $65K a month. There are about 10 GMS making $500K+ a month, the GP55, GP10, GP41, and GP32 GMS are easy examples of that. The SVPs are clearing $500K a month also.