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broke no more

01/27/04 1:31 PM

#3132 RE: interestinginfo2 #3131

It would be like any other stock dividend. They have a record date and a pay date. Any and all stock holders that own STEH on this date (record date ) are entitled to recieve x number of shares of QTIG on x date ( pay date ). This would force people to go out and cover there short positions to get the dividend.
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SharonB

01/27/04 1:37 PM

#3133 RE: interestinginfo2 #3131

In all my years of playing the stock market that is just about the goofiest idea I have heard. There is no way to address the minority and majority,short and long time shareholders other than by reverse splitting. Eventually the minority shareholders are frozen out unless they increase their investment.
There is a fair way and that would be to purchase shares on the open market and put them in treasury stock to be spent at a later date for acquisitions, expansions, and that sort of thing.
SharonB