I would say that when 10 directors out of 11 each owns less than 1% of
the
company's outstanding shares, your example doesn't do much to support
your
claim that "the members of the board are also large stockholders
themselves," even if there is one director out of the 11 who owns 4%.


Jeff wrote:
So your position rests on calling holdings of under a billion dollars
"small"?


Obviously, in Dave's version of "the real world" a stock
holding has to be greater than 4 billion dollars, or it just
isn't big enough to be "large."

I can understand, Bubbles probably owns more stock than that

DSK