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Message Boards Settings Minerals Technologies Inc (MTX) - Quote Info
Conference Call     25-Apr-09 10:50 am    
So, here's what I got from it.

My whole thing as CEO is return on capital (ROC).

I am very succesful, and would have hit my ROC goal were it not for the economic downturn.

Never mind the fact that maximizing ROC has the effect of driving cost through the roof.

So, we cut inventory, lose custumers, and brag that we can still make money on contracts (PCC) that were in place when I got here.

Where's my bonus.... thanks, lets have lunch.

Oh, and we need to cut more at the local (plant) level. These NY costs are huge, but everyone needs an office in da city if they want to pretend to be big guys...

Blah Blah Blah, Where's that bonus. I'm really important. Blah Blah. Again, I need that bonus, my wife wants a new face lift.

Did I mention we hit my ROC goal in the third quater of last year? Not a one time thing, if it wasn't for this economic downturn.

Hey, not my fault. How big is my bonus? Can I have it now.

Ok I'm done, just give me my bonus.

Deep Enough.
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mintyfreshw...

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  Subject Author Rating Time of Post (ET)  
 
Conference Call
mintyfreshw... (1 Rating) 25-Apr-09 10:50 am  
 
Is Uncle Joe's behavior really that surprising? M...
dirtyblueba... Rate it 28-Apr-09 11:37 am  
 
Guys all the industries we serve are not doin...
rcollins107... Rate it 29-Apr-09 05:45 pm  
 
"Let's quit bashing the management and k...
dirtyblueba... Rate it 4-Jun-09 05:50 pm  
 
don't worry guys we still have 5s/k...
mineralsux (1 Rating) 19-Jun-09 04:06 pm  
 
"don't worry guys we still hav...
dirtyblueba... Rate it 14-Aug-09 04:12 pm  
 
Shut up
pfunk66j (1 Rating) 13-Oct-09 01:02 am  
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Minerals Technologies Inc. (MTX)

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