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Re: phoenix69 post# 208553

Thursday, 02/04/2010 8:11:31 PM

Thursday, February 04, 2010 8:11:31 PM

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I just think that valuing the par value at a lower price effectively gives the company an "out" on their PPS. This seems like a double move against the average shareholder and gives more to the "majority" shareholder in the long run.
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