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rocky301

07/19/05 12:45 PM

#13662 RE: SEBASS #13661

SEBASS,

"GTE now has bankers and formed partnerships(like 45% Rubicon one)"

Here you go AGAIN...First off it is Rubikon. Secondly, we have no such partnership whatsoever. Your decision to vote NO is a good one, it will give you time to figure things out..


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andtheretheygo

07/19/05 10:43 PM

#13679 RE: SEBASS #13661

"VOTE NO or watch the stock price dip lower." SEBASS, your premise that shares added to the OS decreases the pps, thereby "diluting", or decreasing, the overall worth of your investment in GTE, is more perception than reality. I just posted the following on Yahoo, and as I'm sure you can guess, I'm voting "Yes" for more of that wonderful "dilution". LOL.........by: the2andonly 07/19/05 09:35 pmMsg: 3175 of 3177 Please, spare me from anymore nonsense about the increased AS diluting your/ANYONE'S investment in GTE! I posted the following the other day on RB's GTE board..... http://ragingbull.lycos.com/mboard/boards.cgi?board=GTE&read=45706 While statistically there's a dilutive effect (EPS) whenever the OS/float increases, the reality of the matter is that the subject of stock dilution is one of the most overblown and meaningless topics on message boards near-and-far. When any publicly traded company shows progress, and potential for further growth in the future, the pps will always react favorably over time, regardless of the size of the OS. And whenever "hot" news breaks, investors don't stop and worry about the market cap, they just start buying like everyone else, figuring as long as they can sell for more than what they're paying, the stock is worth buying at whatever the price. Anyone who argues that over the longer term the "dilutive effect" will be reflected on your monthly brokerage statements (i.e. declining value of your investment) need only read my RB post to see that the size of a company's OS/float can be largely irrelevent as it pertains to making a successful investment. As posted, ADGI's OS was about 250MM when I invested in the company. Six years, and approximately some EIGHT HUNDRED MILLION (800MM) SHARES later, with an OS of over 1 BILLION shares, my investment had INCREASED by over $86,000 (opening post split price of $3.62 X 26,000 shares minus intial $8,000 investment)! And now, going forward, just like the previous six years, my investment will either prosper or decline depending on management's competence, vision (foresight), and hard work. Dilution? The only time I worry about that is when I'm cooking (more/less liquid?). LOL Copyright © 2005 Yahoo! Inc. All rights reserved.