AMERITRADE HLD A (NASDAQ:AMTD) Message Board

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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)

AMTD 1.020

+2.0%

11:44 AM EST

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To: Steven Angelil who wrote (182)	1/15/1998 9:33:00 AM
From: the Druid	Read Replies (1) of 1848

I read the most recent filings from AMTD last night. About the proposed shares increase, I agree it is not too big of an issue NOW. The proposal is for getting the approval from shareholders to increase the number of shares in the future when the management deems benificial (sp?) to share holders. The purpose is to get the approval now not to seek it when they need to do it when the need comes up. Once approved, the management will go ahead with the shares increase as they see fit without notification to the shareholders. It is also stated that the increase of shares is good for buying up other companies as well as for fending off hostile takeover attempts.

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