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International Rectifier Corporation Message Board

  • boar211 boar211 Jan 10, 2004 1:12 PM Flag

    stk increase

    Finally rcv'd my proxy yesterday for the proposed share increase. Previously had voted "no" on the option increase proposal. Mgmt was caught offguard when their proposal did not pass...so, now they are wanting to double shares. Although I voted 'yes' on the share increase, I have not mailed it yet. There is a nagging doubt in the mind that says it would be dilutive to present shareholders if they go on a buying binge.
    Anyone having similar thoughts?
    cheers
    boar

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    • One very important reason to own a stock is belief in management. If we do believe in them then we must assume that they will put us(the investors) foremost when it comes to making decisions effecting the stock price.
      If management sees possible aquisitions we have to assume they fit into future growth and will benefit us. Goes the same for options, splits and possibly dividends. If we don't trust them with these decisions we shouldn't own their shares.
      I've been an owner for over four years, voted my shares "yes" as to the latest proposal and am willing to let it fly.
      There probably is a split coming and should be more in the next 10 years. Gotta have the shares available to do it. IMO

 
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