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Re: terry hallinan post# 780

Tuesday, 05/31/2005 7:17:51 AM

Tuesday, May 31, 2005 7:17:51 AM

Post# of 8201
terry, I think you are wrong about the shares held by your broker as not being counted. In fact, if you have several accounts, joint, IRA's, SEP's, you may be counted as a shareholder several times. Companies know how many annual reports or proxies to send to Fidelity for instance to pass on to shareholders. Sometimes I get 2-3 annual reports/proxies for the same company if I own shares in several accounts. I also deal with three brokers, which can also make me a multiple shareholder. I think the error would more to the high side for number of shareholders.

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.