what a waste of money ...the only reason that demoralistion of employeesd has evolved is due to the fact that nearly all employees are shareholders...not only personal savings but pensions also tied up and worthless and are with the company...a lifes work is in the balance....the feeling of entrapment as opposed to being a member of a winning team...the uncertainty of the future with a constant threat of possible public ownership, I too would be demoralised if I found my self in such a state....and untill the share price returns to a sensible level,together with this total uncertainty within BGY the enthuiasm (translated from the Greek and means `GOD inspired`) will take an act of GOD to restore. Who on earth is going to show some enthusiasm for a company that has taken away not only present savings but hope for future retirement...Of course the answer would be to offer new deals to employees.....but just to flog a horse that`s had the spirit taken out of it...is not the answer...`the body without the spirit is dead`(ref St.Paul).......a new lick of paint and `go faster` stripes...is not the answer...It`s not external procedures that need re-vamping but internal bonding that needs a closer look.