> From: [EMAIL PROTECTED] > Date: Tue, 24 Jun 2003 00:45:55 +1000 > To: "e-gold Discussion" <[EMAIL PROTECTED]> > Subject: [e-gold-list] Re: stock market confusion
> But shares (as in, you know, MSFT) don't work like what you describe, > Darren. There's no "certain number" of shares that "is" MSFT, and if > there is (say) 5 billion out there currently, that means that that 5 > billion is X percent of the "total"....shares simply dont work like > that. Companies issue shares when they feel like it and (perhaps) > pay dividends when they feel like it. There's no sort of "total" you > know? The TOTAL number of shares outstanding is available for any publicly traded company. That number is 100% of the company. You can take their market cap and divide by the price of a share to get total shares outstanding. Or you can go by the SEC filing, which for last quarter showed that MSFT had 10.715 billion shares outstanding. If you own 1000 shares of MSFT, you own .0000093327% of Microsoft. I personally think TGC stock is more like preferred stock, since preferred stock pays a fixed return but doesn't represent a percentage of ownership of the company like common stock. There's nothing wrong with preferred stock; I like preferred stock and have owned some in the past. - John --- http://cambist.net --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
