I saw the post about how the head of Monster.com (online job placement service) is funding anti-gun groups to the tune of $12 million. Bottom line is we need to stop these guys. They have a lot of cash and can do some damage. Here is how to stop them:
First, realize that all high-tech fortunes can disappear overnight. This monster guy might be worth a billion now, but tomorrow he could be a mere millionaire if his stock goes down. Most of these high tech companies are growing rapidly, but are losing money. If their growth slows or is threatened, then the stock collapses. Herein, lies the opportunity.
First, contact the company through their web site (the “contact us” area) and let them know that you and your friends will be boycotting them and switching to a competitor.
Second, contact your mutual fund company if you have one, and leave a message for the portfolio manager of your fund (know the name of your fund) - that you and your associates will be boycotting this company. The fund company will probably call the owner and ask what’s up with the boycott, i.e. should they sell their stock.
Third, there are dozens of stock chatrooms out there. Let them know that there is a huge boycott going on against this company that could affect its revenues. Be polite, but factual.
At the very least it will get the owners attention. At most, the owner won't have enough money to dabble in anti-constitutional endeavors.
While your personal boycott may not make a difference on its own, it may be the straw that breaks the camels back. Every high tech company has problems that they are desperately trying to keep from surfacing. Your boycott may highlight these to other investors.
A word of caution: don't make up lies about the company in an online forum. Just say that you and a lot of people you associate with are upset about policies of the owner and you are taking your business elsewhere.
[This message has been edited by Mr. Pub (edited October 02, 2000).]
[This message has been edited by Mr. Pub (edited October 02, 2000).]
First, realize that all high-tech fortunes can disappear overnight. This monster guy might be worth a billion now, but tomorrow he could be a mere millionaire if his stock goes down. Most of these high tech companies are growing rapidly, but are losing money. If their growth slows or is threatened, then the stock collapses. Herein, lies the opportunity.
First, contact the company through their web site (the “contact us” area) and let them know that you and your friends will be boycotting them and switching to a competitor.
Second, contact your mutual fund company if you have one, and leave a message for the portfolio manager of your fund (know the name of your fund) - that you and your associates will be boycotting this company. The fund company will probably call the owner and ask what’s up with the boycott, i.e. should they sell their stock.
Third, there are dozens of stock chatrooms out there. Let them know that there is a huge boycott going on against this company that could affect its revenues. Be polite, but factual.
At the very least it will get the owners attention. At most, the owner won't have enough money to dabble in anti-constitutional endeavors.
While your personal boycott may not make a difference on its own, it may be the straw that breaks the camels back. Every high tech company has problems that they are desperately trying to keep from surfacing. Your boycott may highlight these to other investors.
A word of caution: don't make up lies about the company in an online forum. Just say that you and a lot of people you associate with are upset about policies of the owner and you are taking your business elsewhere.
[This message has been edited by Mr. Pub (edited October 02, 2000).]
[This message has been edited by Mr. Pub (edited October 02, 2000).]