Bo.... the only way the letter is correct is if WMC is buying out GEMM and, therefore, would be responsible for paying out the dividend.
On that thought, I am going to bed and sleep like a rich baby!!!! LOL
Posted by: BadBassPlayer
In reply to: None Date:10/11/2004 10:29:14 PM
Post #of 17110
STERLING SPECULATION!!!!
I'm in Dr.D room right now and STERLING and Dr.D are discussing the WMC rumor. They are speculating that WMC is going to buy out GEMM and a divvy could come from WMC trading on the New York stock exchange at around $18.00/ WMC pays a quarterly divvy to their shareholders of about .48. They have a small shareholder base and would love our 40,000 member shareholders.
Their shareholders just keep re-investing the dividend and they are going nowheres. They want shareholders who will sell some and get out of this cycle they are in.
Sterling?...how many didvidends will CMKX give out? A minimum of 16 dividends!
Sterling?....how long will cmkx take to give out those dividends? They are coming real soon. Within months!
Sterling said he is speculating on the letter being passed around as they had an expert check it out. He said it has not been tampered with!
THIS WAS ALL SPECULATION AND DISCUSSION OF RUMOR!!!
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