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RE: [ga] Verisign stock price falls off a cliff
Hi,
Sorry I've not been active for quite a while. Been busy.
With 1000 members and each member acquire a 10 unit stake, it will come to
just 90 lots. A grain of sand in the total # of common shares floating in
the market.
However, I think that this is a very interesting idea: if icannatlarge.com
is able to acquire enough stake in some company to exert influence over it.
However, one will argue that verisign does not control icann. It will only
work if icann@large has a huge member-base. Alternatively, someone/party is
willing to "pledge" their votes (proxy) to icann@large. On the reverse,
since the icann@large.com needs more "say"/interest revenue from the
undertaking, it might indirectly suggests it's members to do business with
it.
I can also see a lot of down-side, like clash of interest. However, it is
still an interesting idea, something worth building on? Care to add value
(+ve or -ve) to this? cheers.
regards,
- Joseph LEE Fook Heng
=========================
-----Original Message-----
From: owner-ga@dnso.org [mailto:owner-ga@dnso.org]On Behalf Of Joop
Teernstra
Sent: Saturday, April 27, 2002 9:39 AM
To: George Kirikos
Cc: ga@dnso.org
Subject: Re: [ga] Verisign stock price falls off a cliff
At 07:14 26/04/02 -0700, George Kirikos wrote:
>Hello,
>
>As I type this, Verisign (stock symbol: VRSN on Nasdaq) is down 37%.
>See:
went to -45%.
This seems to disprove Sotiris' theory.
ICANN and VRSN's fortunes are moving in tandem.
At 9.50 a share atlarge members can now afford to have a say in Domain
policy via the VRSN general meeting.
It would be win-win for both.
--Joop Teernstra LL.M.--
interim webmaster
www.icannatlarge.com
Sign up and spread the word.
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