When anyone mentions "Shareholder's Rights Plan" or poison pills etc it certainly is a hot topic. I used to think they were there to 'protect the shareholders' from a hostile takeover, however, Mac Watson at FWR told me when I asked him if FWR had a plan in place like NOT he simply said "they are basically worthless"... all they really do is give you a bit more time to get another offer from someone else. That is from someone who ought to know how valuable they are.