Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: THURSDAY, April 26, 1990 TAG: 9004260070 SECTION: BUSINESS PAGE: C5 EDITION: METRO SOURCE: Cox News Service DATELINE: ATLANTA LENGTH: Short
The company's youngest shareholder, Dixon, 13, wanted to travel from his home in Rome, Ga., to the meeting in Los Angeles so he could vote his 30 shares himself.
Dixon said he got to chat Tuesday with corporate officers. But he didn't ask chief officer Paul Fireman why the price of the stock has dropped. Somebody else asked first.
"He said he wasn't able to answer that because he was a business executive, not a stock analyst," Dixon said.
Dixon paid $18.62 1/2 for his shares. The stock closed Tuesday at $16.87 1/2. "But it looks good, so I'm not worried," he said.
Indeed, he plans to buy more Reebok shares when he is able to save enough money. He paid for his first purchase with savings from his allowance, from odd jobs and from selling souvenir buttons he and an older brother, Jonathan, made from Polaroid photographs.
Dixon chose Reebok because the company is strong financially and its products are well known. He said he thought briefly about Nike - but he doesn't like Nike shoes.
by CNB