MIPS stock: class warfare vs. rationality

Article Abstract:

Semiconductor production equipment maker MIPS Computer Systems Inc. has two classes of stock: A and B. Because of the way Silicon Graphics spun off MIPS, Class B shares have fewer voting rights. Otherwise the shares represent equal equity stakes in the company. Yet they trade at different prices. Short sellers have bet that the prices will become the same, but this hasn't happened. Robert Gordon, of 21st Securities, advises holders of the higher priced A shares to sell them and buy more B shares, thus getting a larger stake for the same money.

Special industry machinery, not elsewhere classified, Semiconductor Production Equip, Semiconductor Machinery Manufacturing, Statistical Data Included, Semiconductor production equipment industry, Semiconductor production equipment, MIPS Computer Systems Inc., MIPS

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Computer Mishap Sends a Stock On a Wild Ride

Article Abstract:

Trading in Corinthian Colleges stock was flawed by a computer system failure that generated wild fluctuations. Some market officials claimed the failure was attributable to continuation of Archipelago electronic operations before the problem was corrected. Archipelago in turn criticized Nasdaq management for its failure to inform various traders about what was happening and to halt financial transactions before investors were aware that their prior trades would be cancelled.

General services, Security and Commodity Services, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Safety and security measures, Computer programming, Securities industry, Securities trading, Nasdaq Stock Market Inc., Corinthian Colleges Inc.

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The $32 Billion With a Bonus In Tax Breaks

Article Abstract:

Expecting tax increases on shareholder income if John Kerry wins the Presidential election , Microsoft Corporation will pay out a special dividend to its shareholders in a public relations move that is also expected to increase domestic ownership in the company.

Prepackaged software, Government expenditures, Financial management, Taxes, Dividends, Dividend Policy, Computer software industry, Software industry, Taxation, Finance, Microsoft Corp., Donations, Economic policy, Gates, Bill, MSFT, Company financing, Bill and Melinda Gates Foundation, Kerry, John F., Company dividends

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