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Stock Holder?

Posted: Thu Apr 10, 2008 2:44 am
by PapaMouse
Just wondering. For this board, does being a share holder make you "part of the company"? or am I still just a normal guest.

Re: Stock Holder?

Posted: Thu Apr 10, 2008 3:46 am
by Randy B
PapaMouse wrote:Just wondering. For this board, does being a share holder make you "part of the company"? or am I still just a normal guest.
Unless you are approaching "controlling interest" numbers, you can probably count your shares as "interested bystander". :D: Of course around here it seems that what counts more is an emotional tie to the parks and the people and places in and around them. I don't work there, and probably never will, but my opinions seem to be respected as much (or as little) as those who do.

Randy

Re: Stock Holder?

Posted: Thu Apr 10, 2008 7:16 am
by Cheshire Figment
Last I heard the Walt Disney Company had over 7 Million shareholders, with the majority owning ten shares or fewer. There were over 2 Billion shares voted at the last Annual Meeting.

200,000 shares would be 1/100 of 1%. You can take it from there.

I know that my approximately 600 shares is statistically insignificant, but I probably own more shares than 90% of the shareholders.

Re: Stock Holder?

Posted: Thu Apr 10, 2008 1:05 pm
by svickersart
Cheshire Figment wrote:Last I heard the Walt Disney Company had over 7 Million shareholders, with the majority owning ten shares or fewer. There were over 2 Billion shares voted at the last Annual Meeting.

200,000 shares would be 1/100 of 1%. You can take it from there.

I know that my approximately 600 shares is statistically insignificant, but I probably own more shares than 90% of the shareholders.

If Steve Jobs sells his you might be able to take his place :)

Re: Stock Holder?

Posted: Thu Apr 10, 2008 3:20 pm
by BRWombat
You own about 30x what I do, Cheshire!

I agree that it's the emotional tie for most of us. I remember calling my broker and placing the buy order, and he looked up on his computer and starting rattling off the brokerage's forecast and recommendation for DIS. I remember thinking, I really don't care about all that, just buy the stock! :)

Unfortunately, some bonehead SGs will try to turn anything into an entitlement, whether it's annual passes, stock holders, DVC membership, or a stubbed toe. Any of you CMs ever get the "I pay your salary" line? If so, you might try saying what a police officer friend of mine did to a driver getting ticketed:

[INDENT]Disgruntled driver: You're giving me a ticket? I'm a taxpayer! I pay your salary!
Officer: (digs in his pocket for change) Here's your nickel back. :D: :D: [/INDENT]Okay, yeah, it did get him in hot water, but he says it was worth it. :)

Re: Stock Holder?

Posted: Thu Apr 10, 2008 4:21 pm
by Natural Selection Fan
You need to own an insane amout of shares just to get
an invite to the shareholders convention.

But you get a pretty quarterly report in the mail! :D:

Re: Stock Holder?

Posted: Fri Apr 11, 2008 7:22 am
by Cheshire Figment
BRWombat wrote:Unfortunately, some bonehead SGs will try to turn anything into an entitlement, whether it's annual passes, stock holders, DVC membership, or a stubbed toe.
You used to automatically get membership in the Magic Kingdom Club, which, among other things, would give a 20% discount on rooms almost all year as well as a 10% discount on purchased of merchandise at the parks and TDS.
Natural Selection Fan wrote:You need to own an insane amount of shares just to get an invite to the shareholders convention.
No, you only need one share to be allowed entry. The first time (of four) that I asked Mikey a nasty question Judy and I only owned five shares of stock.

Re: Stock Holder?

Posted: Fri Apr 11, 2008 9:04 am
by CMGUY89
LOL, I got the "I pay your salary" a few times...

Re: Stock Holder?

Posted: Fri Apr 11, 2008 11:43 am
by CBeilby
Natural Selection Fan wrote:You need to own an insane amout of shares just to get
an invite to the shareholders convention.

But you get a pretty quarterly report in the mail! :D:
Actually, not true. I own two shares. When I got my proxy voting paperwork this year, there were instructions on how I could request tickets to the shareholder's meeting. I would have gone, had it not been in Albequerque (and if I could have afforded gas, food, and lodging, I would even have gone then. I've got friends there.) Essentially, EVERY shareholder has the right, provided they follow procedure, to attend the Shareholder's meeting in person.

Re: Stock Holder?

Posted: Fri Apr 11, 2008 12:04 pm
by GRUMPY PIRATE
CMGUY89 wrote:LOL, I got the "I pay your salary" a few times...
When they do that, ask for a raise!!!