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Technology Stocks : McData (MCDT) -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (215)3/7/2001 1:35:15 PM
From: Gus  Read Replies (1) | Respond to of 234
 
Grow up! Just because you don't understand how to read financial statements like the prospectus doesn't mean that others are just as lazy or stupid.

Here's proof: Class B has 1/10 the voting power of Class A. Class B came out with 12+M shares in the August 2000 IPO. It was the obvious trader even before the IPO. The people like me who traded Class B during the first 180 days of the IPO made anywhere from 167% to 436% off its wild price swings. Those are the kind of returns that you'll never understand because you're too busy screaming about your hit and run nickels and dimes. 81M shares of Class A, or 74%, were distributed to EMC shareholders like me as a stock dividend with a tax cost basis linked to one's EMC cost basis. Class A is the target of many different type of accumulation strategies too complicated for a simpleton like you. The way a company's capital structure influences many buying or selling strategies is obviously lost on a piker like you prone to screaming about how it's all about supply and demand. Like I said, you're a walking time bomb -- a spineless and unstable egomaniac with a surefire mechanical trading system doomed to fail. LOL.