He is not a 'product' of Nike.

He endorses Nike and Nike is one of his sponsors. Big difference there.

On Tue, Dec 1, 2009 at 2:08 PM, Won Lee <[email protected]> wrote:
>
> On Tue, Dec 1, 2009 at 1:53 PM, Jerry Johnson <[email protected]> wrote:
>
>>
>> He doesn't owe you _any_ explanation.
>>
>> If you truly hold a ticket to the event, you can talk to the event
>> sponsors,
>> or you can ask for your ticket money back (which they are already
>> offering).
>>
>> But then, of course, you cannot go.
>>
>> As far as being an equity holder at Nike, again, they owe you nothing. They
>> need to file their federal and state tax forms, and as a shareholder, you
>> might get a more detailed statement, but that is it. No explanation needed
>> or required. or expected.
>>
>>
>>
> Investors are in the business of making informed decisions.  Tiger Woods is
> a human being but he is also a product.  He is probably Nike's most
> important product.  I need to know if this product is flawed.  Nike's
> failure to shed light on the details may erode investor confidence in the
> product.  Company's by law are required to release all material information
> that may impact their stock.  This is a one of the first questions they
> asked me when I took my series 7 to trade professionally.
>
> I don't understand how some of you can blast companies for doing shady
> things but give Nike a pass on something that is clearly spelled out by the
> SEC.
>
> http://www.sec.gov/rules/sro/nyse/2009/34-59823.pdf
>
>
> 

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