Re: Celtics to pay shareholders $25 to $35 per share - AP

[Douglas342@xxxxxxx]

I could care less what money I get out of this because I have my certificate 
for 10 shares hanging on the wall.  I paid about $200 for those shares in 
1995 and the certificate alone is almost worth it.  Now I have the debenture 
and get an annual check for about $12, but the certificate for the debenture 
doesn't have the parquet floor on it.

In a message dated 10/7/02 9:41:38 PM Pacific Daylight Time, 
CeltsSteve@AOL.com writes:


> Shareholders who declined to transfer into the 
> partnership during a 1998 reorganization received a debenture for each 
> share, 
> which is essentially a bond with a $20 face value that comes due in 2038 
> and 
> must be provided for.
> 
> But one shareholder said he didn't buy the team's arguments about the 
> debenture and said shareholders should have gotten more money.