[wellylug] depeer
Jamie Baddeley
wellylug at vpc.co.nz
Fri Feb 25 10:19:55 NZDT 2005
On Fri, 2005-02-25 at 10:10 +1300, Phillip Hutchings wrote:
> On Fri, 25 Feb 2005 10:05:54 +1300, Jamie Baddeley <wellylug at vpc.co.nz> wrote:
> > instead of throwing yet more money at Telstra, why don't you throw money
> > at their competition?
> >
> > Vote with your feet.
>
> A shareholder has more of a corporate voice, and Telstra don't see a
> cent unless you purchase new shares. A corporation has to serve its
> shareholders, and there are legal paths open against directors who do
> not act in their shareholders best interests - it matters not whether
> the best interests are financial or idealogical, get enough shares and
> they will listen. And you get their profits :P
which apparently your corporate voice is intent on reducing. I sense
some conflict here.
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