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Biotech / Medical : Corixa [CRXA] - cancer vaccines -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (20)4/26/1999 9:47:00 AM
From: Rick Kunz  Read Replies (1) | Respond to of 222
 
I've often wondered why smaller companies don't just register a Dividend Reinvestment Plan even though they don't pay a dividend, and try to encourage additional purchases from the existing investors. Offering additional shares to existing holders is one great way to avoid having to give discounts to "angels." $250k isn't very angelic, and I bet that the existing shareholders could have matched or bettered that for less vig.

Rick