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Technology Stocks : THQ,Inc. (THQI)

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To: Sigmund who wrote (12914)1/30/2000 11:53:00 PM
From: dave brown  Read Replies (1) of 14266
 
Why not pay a special dividend to those who vote their shares?

Too expensive... You'd have to pay solicitors, information agents, broker/dealers, the postman, etc. just to get the word out. The amount that was paid would have to be high enough to remove the financial incentive to facilitate short transactions in the first place. Folks buying on margin are not registered holders so the company can't communicate directly with these investors.

And again, the only way that the "original" buyer would be entitled to the dividend would be to pony up the dough to cover the debt from the margin account. In a lot of cases, I'm certain that this is easier said than done.

DB
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