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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (36449)7/24/2003 3:59:29 AM
From: EL KABONG!!!  Read Replies (1) of 74559
 
Hi Jay,

Speaking of Zimbabwe, did you see that article where whats-his-name (Zimbabwe President) is mandating that all companies located in Zimbabwe (especially the miners) reserve 20% of all publicly traded stock for natives of Zimbabwe? Nice try, but... There is no restriction on the (Zimbabwe) owners of any stock to prevent them from selling once they get the stock, so the 20% figure (in theory anyway) might never be reached or maintained. The story sounded crazy to me, but I've been assured that it is true. Any comments?

KJC
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