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July 31st, 2002, 10:07 PM
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National Security Advisor
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Join Date: Jan 2001
Location: Ohio
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Re: How do they do it?
Hey Baron, that gives me an idea. We could sell PBW stock. It worked for Redhat. 
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I used to be somebody but now I am somebody else
Who I'll be tomorrow is anybody's guess
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July 31st, 2002, 10:35 PM
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General
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Join Date: Aug 2000
Location: Ohio, USA
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Re: How do they do it?
Sounds risky to me... what if someone misunderstands and wants their annual dividends?  Lawsuit time... 
And even barring a complete screwup like that, I suspect that people holding even 'token' shares would start to want to have a say in how it was run and you might have conflicts on your hands. |
July 31st, 2002, 11:39 PM
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Shrapnel Fanatic
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Join Date: Dec 2000
Location: USA
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Re: How do they do it?
You could also "host" couldn't you?
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Creator of the Star Trek Mod - AST Mod - 78 Ship Sets - Conquest Mod - Atrocities Star Wars Mod - Galaxy Reborn Mod - and Subterfuge Mod.
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August 1st, 2002, 04:49 AM
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First Lieutenant
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Join Date: Sep 2001
Location: Edmonton, Alberta, Canada
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Re: How do they do it?
Release non-voting 'token' shares only.
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Jimbob
The best way to have a good idea is to have lots of ideas.
-Linus Pauling
Take away paradox from the thinker and you have a professor.
-Søren Kierkegaard
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August 1st, 2002, 09:03 PM
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General
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Join Date: Feb 2001
Location: Pittsburgh, PA, USA
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Re: How do they do it?
Quote:
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what if someone misunderstands and wants their annual dividends
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Whether a stock pays dividends is entirely up to the issuing company. Lots of companies never pay any dividends at all.
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Cap'n Q
"Good morning, Pooh Bear," said Eeyore gloomily. "If it is a good morning," he said. "Which I doubt," said he.
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August 2nd, 2002, 03:24 PM
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Colonel
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Join Date: Dec 2001
Location: Penury
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Re: How do they do it?
Whether a stock pays dividends is entirely up to the issuing company. Lots of companies never pay any dividends at all.
Not strictly correct. Whether a share pays dividends depends on the rights attaching to that share.. as Capnq says, the majority of most shares will only attract a dividend to the extent the company declares it, and subject to local accounting conventions. Certain stock, such as preference or participating shares, will often have a mandatory dividend, for example, a dividend fixed at a flat 5% per annum or a percentage of profits post tax and debt service costs....
Geo, joking aside, you and the other fellahs do a sterling job and should be well proud of your achievements.. I dont really mind if you do have a stable of racy Italian sportsters.. (well, ok, I do)
[ August 02, 2002, 14:25: Message edited by: Growltigga ]
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