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Technology Stocks : THQ,Inc. (THQI)
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To: Madharry who wrote (12911)1/30/2000 1:46:00 AM
From: Sigmund  Read Replies (1) of 14266
 
With the number of shares held by institutions, it is clear that some institutions are allowing their shares to be lent to shorts. THQI could eliminate this and thus eliminate the shorts simply by paying shareholders for their votes.

If they paid 1 cent per vote, a holder of 1 million shares would lose $10,000 if they allowed their shares to be lent out. That may not be sufficient to have them remove their shares from margin. Maybe it would take 5 cents per vote. That would cost a million dollars per year if there are 20 million shares outstanding. Maybe that is too much to make it a good idea.

But, it may only need to be done once.
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