SI
SI
discoversearch

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 : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: DWB who wrote (1430)4/1/1998 2:39:00 PM
From: DMaA  Read Replies (1) | Respond to of 5390
 
Yea yea but what's in it for me?

shareholder equity in the company will double..



To: DWB who wrote (1430)4/1/1998 3:03:00 PM
From: vpelt  Read Replies (1) | Respond to of 5390
 
DWB:

I've read all that and, as it goes once in a while, doesn't seem to get through my thick skull.

The company states the par value remains the same since they are paying for the shares and providing a 1:1 share dividend to each shareholder. Is the premise that market forces then adjust the price to reflect a doubling of outstanding shares?

I guess it's the issue of the company maintaining the original par value I'm not understanding.

Bottom line for me is I've been a long term holder of ERCIY and continue to be happy with the fundamentals. Whether it acts like a split or something better is okay be me.

vpelt