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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: umbro who wrote (11969)11/8/1999 12:15:00 AM
From: TRIIBoy  Read Replies (1) | Respond to of 18998
 
Ok, then don't buy it. The reason it will go up though is that there are several institutions that simply cannot own BELFA or B for liquidity reasons.

And as a rational person, I realize that the management controls 40% of the stock, what does it matter if you can vote or can't vote? And since it doesn't matter, why would you not get a dividend instead?

I own both, and I agree that the B shares will never achieve parity, but they will come close.

Why would A shareholders sell their Bs? I haven't. Your logic really does not make much sense.

There is no dilution with a split remember that. But do as you like. Just bringing you a classic value/growth play that finally has a reason to go up a lot.