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| | #21 |
| Jr. Member Join Date: Dec 2002
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| Greenman, I thought PepsiCo also owned GM (as in the car company), I thought I read that somewhere.
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| | #22 |
| Seasoned Activist Join Date: Oct 2000
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| Huh... I got the info off pepsi's website www.pepsico.com. There was a page that talked about all the different brands that pepsi owned and I did not see GM. GM is a monster auto company that is beating the stuffings out of the competition right now, I would think that with GM's market cap that they would be prominently displayed somewhere. Not saying that the rumor is not true, but I have not heard of the two mentioned in the same sentence like say, Altria (the old phillip morris) and Kraft for example. Pepsi's overview on the webpage makes no mention of GM. For informational purposes, GM is currently at $35.33, and pays 2 bucks in dividends. Thats $.50 a share every 3 months. Cheaper than pepsi, with a higher dividend. Peace.
__________________ Some will never open their eyes. Some will have them opened for them. Some will see light, some won't be able to stand the brightness and will turn away. -Robin Prosser's Diary Day 23 -- Please read our Posting Guidelines for questions on our policies. |
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| | #23 |
| Jr. Member Join Date: Apr 2003
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| Sorry I haven't posted for a while. It is my busy season and my business is hopping right now. The only point I was trying to make is that the pro legilizers need to show the big company's the spending power of our group. Taking 3.5 billion out of the spending stream for a product would do it. I get stupid ideas that I think are genius when I am lit sometimes. Maybe I should be better at editing myself when I am wasted. And I have made at least $50 a year contributions to norml for years.
__________________ "Government is not reason, it is not eloquence, it is force; like fire, a troublesome servant and a fearful master. Never for a moment should it be left to irresponsible action." -George Washington |
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| | #24 |
| Seasoned Activist Join Date: Oct 2000
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| The longer I have been on these boards, and the more I have thought about boycotting, the more it just bothers me. Boycotting, first, is a very difficult thing to pull off. As seen in this example, to boycott pepsi you are making some massive cuts into peoples normal routine to prove the point. If a boycott works and it does put the squeeze on the company, it will cause the share price to drop, which would cause some pain amongst older investors and seniors who may not have the time horizon to wait out the point were making. Boycotting a company on the scale you are talking about damages not only the company but all those in contact with it. It just seems like a whole lot of needless pain, when taking the opposite side of the coin would be much more painless, profitable, and effective for everyone concerned. The longer I have stared into the eyes of the drug war, the more and more I see the fact that we simply don't know how to play the game. The marijuana movement is the equivelent to millions of people standing on the sidelines yelling at the ref in a game over a blown call, and we have been about as effective at getting some change. If we fight the system, we are going to make the job much more difficult on ourselves. What I think we should do, is look for and exploit ways that we can use what the system is there to do against itself. Each dollar is a vote, the more dollars you have the more votes you can cast. Each time you spend a dollar, no matter what you spend it on, you are casting a vote for the product or service. The product can be a can of soda, or a peice of ownership of the company that makes the can of soda. Peace. |
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