From:Dave Hennessey e-mail:dave-A-toyhouse.org
Subject:RE: RE: RE: RE: RE: insurance Date:Fri May 10 10:04:46 2013
Response to:18473
Chuck,

Flo is a cutie, but my heart-throb is Flobot
http://www.progressive.com/commercials/flobot.aspx


Oren,

I have a stock mutual fund which contains primarily the stock of S&P 500 companies - Progressive Corporation being one of them. So I am one of the "owners". Are you talking about me?

Dave





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BUT..."Flo" is such a cutie on their TV commercials!

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Oren,

Which specific "owner" are you talking about?

Progressive Corporation is publicly-traded on the New York Stock Exchange (Symbol: PGR). There are 797 million shares of common stock outstanding (note 1).

( 1. source: Progressive Corporation, 2012 Annual Report to Shareholders, http://media.corporate-ir.net/media_files/irol/81/81824/pdf/ar/Progressive2012-FinancialReview.pdf )


Ten large financial institutions own about 300 million shares, or about 35% of the company (note 2). Are you talking about one of those "owners".

( 2. source: http://investors.morningstar.com/ownership/shareholders-major.html?t=PGR click on "Institutions" )

Thousands of small investors own PGR stock. Are you talking about one of those "owners"?

Please identify the specific owner you are talking about.

Dave


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Excuse me gentlemen but this is the Harley Hummer Club Exchange...we discuss motorcycles here....however...there will soon be a website you can debate these issues on called coalitionofpatrioticamericans.com

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Somehow, I thought that was part of our American Freedoms -supporting organizations that you believe do good works. Or is it that we should only be free to support what YOU believe??

SERIOUSLY???

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BEFORE YOU PURCHASE pROGRESSIVE INSURANCE. You should know what the owner does w/his money,contributing to the ACLU, and attempting to undo American freedoms!