On 21 Jun 2003, at 18:51, Cambist.net wrote: > > From: Arik Schenkler <[EMAIL PROTECTED]> > > > > It looks to me that TGC is offering some kind of bond (if they'll > > keep paying the promised dividend). > > If it pays a fixed return it's known as Preferred Stock here in the > USA.
A bond, anywhere, has a fixed return and would have a date at which it matures and repays the principal. TGC "stock" doesn't do that. The dividends on a preferred stock would be obliged to be paid prior to any distribution to the owners of the business. If TGC "stock" does that it is not public knowledge. Best, CCS ------------------------------------------------------ - Virtual Phonecards - Instant Pin by Email - - Large Selection - Great Rates - - http://speedypin.com/phonecard/start.html?af=743 - ------------------------------------------------------ ************************************************** * Craig Spencer * * [EMAIL PROTECTED] * ************************************************** --- 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.
