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Re: knickknack post# 10572

Thursday, 11/16/2006 4:27:04 PM

Thursday, November 16, 2006 4:27:04 PM

Post# of 63795
Maybe JR is putting the Cart before the horse though. He doesn't have any net income to start donating yet? So Why is he already spending (or starting to plan to spend) what he hasn't achieved yet? Maybe I should go out and by a new house becasue I know this stock is going higher, or I know I am going to get a new job with a big paycheck.

Also, look at Warren Buffet's company. They don't donate any profits to Charity OR pay a dividend, instead, BRK invests it all back into the business. Warren Buffett Personally though makes donations to chariy's. Now, if JR wants to donate his own personal assets, shares or money, I have no problem with that.

I just think his timing is poor. To think he is talking about what he is going to do with the money before he has it. Is he really putting the best interests of the company into play, or his own? While he is the majority shareholder, he is also a big fish in a small southern town who wants to be the hero, while using our investmemt as capital for his little project. He should reward those who invested first with a dividend or else reinvesment and growth before giving it away.



Ok, I feel as I have exausted this subject and gotten my point across. I'm out. have a good night.

Go USSE. Long and Strong