Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?

To: rkral who wrote (4502)	2/12/2000 6:49:00 PM
From: i-node	Respond to of 5102

Sorry. I don't understand your question. Preemptive to what or whom? Stock often has associated with it a "preemptive right", which provides that the holder has the inherent right to be given an opportunity to maintain his proportional ownership in the corporation. This is less common today than it once was, but still exists. So, a holder who starts out owning 1% has a "preemptive" right to maintain that 1% ownership in the event additional shares are issued. Anyway, someone else already answered, though.