FBN Associates - Year 2000/Y2K IPO!!! Message Board

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Technology Stocks : FBN Associates - Year 2000/Y2K IPO!!!

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To: Janice Shell who wrote (861)	5/12/1998 3:43:00 PM
From: TEDennis	Read Replies (1) of 2770

Janice: Not only are the non-existent stocks and warrants worth the same today as they were on the April 1st IPO day ... there were no commissions of any kind ever paid to anybody, nor will there ever be. So, the absolute worst anybody could do with FBNA is to break even. How many other investments out there can make that statement? We have, however, been hearing rumblings from our investor base that they want us to issue quarterly dividends. Don't these people know that startup high tech companies reinvest all profits into the company? Sigh .... well, OK ... we'll look into it. I think we could easily come up with a guesstimate of the size of the dividend. If we were to distribute ALL profits, the formula would be something like the following: "Total Profits" divided by "Number of shares". There's nothing more we can do for our shareholders ... TED

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