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Technology Stocks : FBN Associates - Year 2000/Y2K IPO!!! -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (861)5/12/1998 2:47:00 PM
From: DScottD  Read Replies (1) | Respond to of 2770
 
Let us not forget that the crack FBNA investor relations team taught us the wisdom of using "forward looking statement" disclaimers, something that Rhonda and her elk will wish they had done when Mr./Ms. US Attorney make reservations for them at Chateau Graybar.

DScottD



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