Reply With QuoteKY Ho?!?!
-Arrian, whose mind is clearly in the gutter today
http://www.cbc.ca/story/business/nat...ti-051122.html
K.Y. Ho, the founder and chairman of ATI Technologies, announced his retirement from the company's board on Tuesday, just over a month after insider trading charges against him were dismissed.
Ho founded ATI Technologies (TSX:ATY), a Markham, Ont., firm that develops computer-graphics technology, in 1985. He served as chief executive of the company until June 1, 2004.
K.Y. Ho (CP file photo)
* FROM Oct. 14, 2005: OSC dismisses insider trading charges against ATI's chairman
On Oct. 14, a panel of OSC commissioners ruled that enforcement staff at the securities regulator failed to prove that Ho and his wife, Betty, knew the company would fail to meet revenue and earnings forecasts before they divested thousands of shares.
OSC staff testified that in April 2000 Ho gave a total of 254,000 shares to the Yee Hong Centre for Geriatric Care, Havergal private school for girls and the Princess Margaret cancer centre.
The shares of the computer graphics chipmaker were worth more than $7 million when the gifts were made and resulted in large tax savings, the OSC said.
However, the shares lost half their value in two days after the company announced that it would miss analysts' expectations and post a loss for the quarter spanning March to May 2000.
The OSC's enforcement branch alleged Ho was aware of that information and managed to maximize his tax benefit by donating the shares in advance of the profit warning, thus avoiding a $3.6-million decline in the value of his gifts.
"ATI has been more than a major part of my career, it has been a part my life that I will always treasure," Ho said in a statement.
"With the OSC matter now resolved completely in my favour, I have decided to spend more time with family and pursue my personal interests. I leave ATI with confidence that under the continued leadership of our CEO David Orton, ATI will successfully continue its track record as the leading graphics company in the world," he said.
Orton has been nominated for election to ATI's board of directors, while the current lead director has been elected as the company's new non-executive chairman.
a) What sort of effect do you think this will have on the "industry"?
b) Is he really involved in as many slippery business deals as they say?
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
KY Ho?!?!
-Arrian, whose mind is clearly in the gutter today
grog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.
Huh?
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
What's with the names lately?
I man, KY Ho, Jack Abramoff, what's next?
Stop being so goddamn immature.
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
**** off, you suck.
Originally posted by KrazyHorse
On 'poly OT he says this.
Sorry, KH. Today is a virtual Friday for me, so I'm a little sillier than normal.
-Arrian
grog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.
Ordinary investors were screwed by this guy, and all you can do is laugh? He probably greased a few palms to avoid the insider trading charges too.
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
K.Y. Ho? Sounds like a bit of a slippery customer to me!!
Oh, I think he is too.
He squeezed through loopholes that were never meant to take this kind of abuse. I'm afraid he's exposed a lot of risky behaviour that amateurs in the market engage in.
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
Originally posted by Az
For a second there, I was afraid that someone took over KH's account. Luckily, he has proven that he's the same old asstroll he is.
Btw, the Markham connection is very tempting to take - but I'll abstain.
I'll forgive you because you're just an ignorant furrener.Originally posted by Az
For a second there, I was afraid that someone took over KH's account. Luckily, he has proven that he's the same old asstroll he is.
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
oh, KH, will you ever forgive me?
KY Ho?
Speaking of Erith:
"It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda Smith
Wow. Talk about a day late and a dollar short, huh?
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
It's only been just over an hour. Besides, what did you get sand in your vagina about?Originally posted by KrazyHorse
Wow. Talk about a day late and a dollar short, huh?
Hopefully he greased them first and then screwed them.Originally posted by KrazyHorse
Ordinary investors were screwed by this guy, and all you can do is laugh? He probably greased a few palms to avoid the insider trading charges too.
What?
I don't know if they got any warning at all. He certainly forced them into a position where they were destined to get egg on their faces.
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
Yep. Looks like the suckers got creamed.
What?
I don't get it... PH?
Do they mean a Kentucky Ho, so that would be like your sister without any teeth?
It's dead Japher. I killed it.
What?
Yeah. the last one was too simple, Cardinal.
Let me beat it!
I guess we can still play with the corpse, but it ain't as much fun.
What?
Too much work and not enough care make Richelieu a ****ty poster.Originally posted by Az
Yeah. the last one was too simple, Cardinal.
What?
Originally posted by reds4ever
K.Y. Ho? Sounds like a bit of a slippery customer to me!!
“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)
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