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Technology Stocks : MCDT

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To: rich987 who wrote (20)4/24/2001 7:00:50 PM
From: Mama Bear   of 145
 
"i would think the company would use the "market value" "

Wouldn't combining the two classes of stocks require a vote of the shareholders? Since MCDTA shareholders have 97% of the voting power, why would they vote against their own interests? Even if a vote were not required, why in the world would the company screw a super majority of it's shareholders because the market is acting insane in valuing these shares?

Regards,

Barb
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