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To: sausageseller

"One of the Heinz boys posts at DU.

They have ruined their fathers name.

I have seen it stated TH Kerry owns 4%, So a severe stock drop would cost her millions."

Well that's a shame that he would harm the company and the family name.

But I am nearly positive that TH Kerry doesn't own even 1%.

There are 334 million shares. One percent would be 3 million shares.

From the list of major holders she would have to own at 50,000 shares to be listed and she is not listed.

JOHNSON, WILLIAM R. 608,883 9-Feb-06
JOHNSON, WILLIAM R. 572,513 20-Apr-05
BERGER, JEFFREY PAUL 242,848 21-Jul-05
BERTASSO, MICHAEL J. 107,884 1-Jun-04
JIMENEZ, JOSEPH 82,829 17-May-05

if she held the maximum shares to still not be listed (49,999 shares) that would be .0001 of the company.

By contrast, 68% of the shares are owned by banks and mutual funds.

http://finance.yahoo.com/q/mh?s=HNZ


153 posted on 03/01/2006 6:02:01 AM PST by gondramB (Render unto Caesar that which is Caesar's and unto God that which is God's.)
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To: gondramB

I think hers are owned by trusts. So her name would not appear. I will do a little research to find out.


154 posted on 03/01/2006 6:25:55 AM PST by sausageseller (Look out for the jackbooted spelling police. There! Everywhere!(revised cause the "man" accosted me!)
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To: gondramB
From fact check .org: The Heinz company said in a recent public statement that she currently controls less than 4% of the company's stock.

SS. I would like to see how much stock the foundations control, to see how much influence she has there.
155 posted on 03/01/2006 6:36:39 AM PST by sausageseller (Look out for the jackbooted spelling police. There! Everywhere!(revised cause the "man" accosted me!)
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