Rumour on the Streets?

The best part of FUN is the stability. If you compare it to other stocks over a long term period, you'll probably notice that it doesn't move much.

Constitering the dividends, I'll be happy it it stays around 20-25 per share.

If you haven't noticed already, Cedar Fair recently released the 2002 annual report.

excuse me for being misinformed sheesh don't jump down my throat about it...breaking even my ass...

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we're gonna eat a dolphin!
no we're going to pet a dolphin.
oh yeah...
Snake River Falls 03 (newbie)

SRF-CP-FREAK...this isn't Six Flags we're talking about. ;) They don't even break even...hehe

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What is most anticipated event of 2003? the debut of Dragster, the release of Metallica's new album, the release of Terminator 3, or the release of Matrix:Reloaded...tough call.

doesn't surprise me

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we're gonna eat a dolphin!
no we're going to pet a dolphin.
oh yeah...
Snake River Falls 03 (newbie)
*** This post was edited by SRF-CP FREAK 4/12/2003 12:09:45 AM ***

I had the oppourtunity of talking with a small town lawyer who actually settled out of court with Cedar Point for charges that they unfairly held a seasonal employee in their jail for 3 days without giving a reason. Here's how the case went:

A young African American male working and living at Cedar Point was accused of stealing a couple hundred dollars worth of merchandise from a gift shop. He, like many others working at the park, was part of the employee bonus program, such that at the completetion of his summer, he would recieve a bonus, but under the conditions that he followed all rules.

After Cedar Point police investigated the incident and reviewed some eye witness accounts, they came and took the young male into custody. They had planned to charge him, but instead kept him in their jail for 3 days. Well, it turns out Cedar Point has the wrong guy, and in fact the two girls who "Eye-witnessed" the theft were the ones who stole the items.

But where Cedar Point got in trouble is the lawyer found out that if his client missed 3 days of work, he could not get his bonus. Cedar Point made no attempt at "Due Process" in his words, and intentionally kept him in jail as to void his bonus contract. Whether that was their intention or not, the young male did not commit the crime, and was held for 3 days without being charged, which unfortunetly for him, prevented him from getting his bonus. Cedar Point and the lawyer settled out of court to "make the whole thing go away".

After hearing this story, as told by the lawyer, I really did get the feeling that Cedar Point was out to screw this poor kid over. But that's why Cedar Point settled out of court and why not many people know about it. And I do realize this was an isolated incident, and Cedar Point is not out to give it's employees the royal dunking, but this case may be why many seasonals continue the "Urban legend" of sorts. It did actually happen once.

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Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003! Have fun trying to find me!
*** This post was edited by Zero-G 4/12/2003 10:58:39 AM ***

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Zero-G said:
I had the oppourtunity of talking with a small town lawyer who actually settled out of court with Cedar Point for charges that they unfairly held a seasonal employee in their jail for 3 days without giving a reason. Here's how the case went:

A young African American male working and living at Cedar Point was accused of stealing a couple hundred dollars worth of merchandise from a gift shop. He, like many others working at the park, was part of the employee bonus program, such that at the completetion of his summer, he would recieve a bonus, but under the conditions that he followed all rules.

After Cedar Point police investigated the incident and reviewed some eye witness accounts, they came and took the young male into custody. They had planned to charge him, but instead kept him in their jail for 3 days. Well, it turns out Cedar Point has the wrong guy, and in fact the two girls who "Eye-witnessed" the theft were the ones who stole the items.

But where Cedar Point got in trouble is the lawyer found out that if his client missed 3 days of work, he could not get his bonus. Cedar Point made no attempt at "Due Process" in his words, and intentionally kept him in jail as to void his bonus contract. Whether that was their intention or not, the young male did not commit the crime, and was held for 3 days without being charged, which unfortunetly for him, prevented him from getting his bonus. Cedar Point and the lawyer settled out of court to "make the whole thing go away".

After hearing this story, as told by the lawyer, I really did get the feeling that Cedar Point was out to screw this poor kid over. But that's why Cedar Point settled out of court and why not many people know about it. And I do realize this was an isolated incident, and Cedar Point is not out to give it's employees the royal dunking, but this case may be why many seasonals continue the "Urban legend" of sorts. It did actually happen once.

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Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003! Have fun trying to find me!
*** This post was edited by Zero-G 4/12/2003 10:58:39 AM ***

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Often times people settle out of court who didn't do anything wrong...I am sure that there is another side to the issue. Plus this is all second hand information, so it is questionable at best.

John

__________________________
Traffic Team Leader 2000
Traffic / Tolls Supervisor 2001
Traffic / Tolls Supervisor 2003

It's true that I can't present the other side of the story, but the facts are that he didn't commit the crime, and he was never given a reason why he was held for 3 days. Now there obviously is another side to the story, as is the case with all things in life, but Cedar Point didn't even want to present it.

Regardless of what really happened, it sure looks bad for the company, and that's more than enough of a reason to settle out of court.

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Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003! Have fun trying to find me!
*** This post was edited by Zero-G 4/12/2003 2:44:03 PM ***

Here is the other side of the story for this one. cedar point doesnt have a jail on its own. it sends people to the erie county facility. if he had any other warrents or citations (speeding tickets unpaid, underage drinking fines, ect...) the erie county jail would have checked on it. if he did then he would have had to post bond and pay those fines before release. that was not the responsiblility of CP to find a replacement for him while he was there. while it was unfortunate that it happened, and i cant be sure that this is what happened, people do get fired from cp after ending up in jail and being held there for something other than what they were placed in there for in the first place.

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Cedar Creek Trading Co. 1999
MF 2002
Sky Ride ATL 2003

Urban legond is really bad among some employees.

I've heard more 'storys' about all kinds of things on how bad Cedar Point is in many aspects than I ever want to hear.

I heard this one rule 'Don't believe anything you hear and only half of what you see'

There are way too many people that want to get some kind of gratification by making up storys or overexaggerating. It really gives Cedar Point a bad image for no reason.

Zero-G... Where is any evidence that you talked to a laywer. You could of talked to some random goon. Your post had absolutly no credibility. That story is pretty unreasonable also. All you are doing is tainting Cedar Points credibility with an unreasonable story.

I guess you'll just have to believe me then! I met the guy at a Barbecue in the summer of 2000. I remember that we started talking because I told him I was interested in Roller Coasters and stuff like that and that's how we got to talking about Cedar Point and his case with the young man. While I realize you have no reason to believe me, I don't really know what to tell you. Best thing I could do is give you the name of the Lawyer and his phone number for you to call him, but you'll need to e-mail me, and that's only if you really feel so compelled to find out more about this incident.

I do not, however, appreciate being called what amounts to a liar. I love Cedar Point as much as you do! I do not feel I should have to prove my love, because the simple fact that I am here should let you know I enjoy Cedar Point with a passsion! The fact is that this did happen, and if it "taints Cedar Point's credibility", well that's no fault of my own! I'm just reporting the facts here!

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Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003! Have fun trying to find me!

Ok, I am not saying that YOU are lying, though others may feel that way. I appreciate you bringing this story out into the open however it is POSSIBLE that whoever you talked to was lying or did not know completely what thye were talking about.

I have heard such stories before and they have nearly always been proven to be wrong. I do think it significant that the lawyer (or whoever you talked to) said that CP jail held him when in fact CP doesn't have a jail. Also if he was held for 3 days by county then that really has nothing to do with CP. He could have been fired for various reasons, possibly even for not showing up to work while in jail or failing to call off those days, which I have heard of. If that is the case then CP might have just felt more comfortable settling out of court rather then paying the lawyers to win the case, or considered that a jury might be sympathetic to the employee. Just a thought. Thanks for your post though. Have you ever consider working at CP?

John

_______________________
Traffic Team Leader 2000
Traffic / Tolls Supervisor 2001
Traffic / Tolls Supervisor 2003

I use the word "Jailed" to mean he was in a possition that he couldn't go to work because someone wouldn't let him. It's entirely possible that in the span of more than 2 years, that part has been skewed in my memory. But I do remeber that he was being held in some sort of jail or locker for 3 days. I do not know where it was or under whoose authority, only that Cedar Point had a large part to do with it.

I think the important part here is that Cedar Point police (and the two girls who commited the theft) wrongfully accused him of a crime, and were responsible for him not recieving his bonus, which he rightfully deserved. He was simply the victim of the crime, and yet he was treated as if he had commited it! Another valid point to the story is that Cedar Point may have settled out of court simply because he was black, and didn't want people to get the wrong idea about how they treat minorities at the park. In no way do I believe Cedar Point is racist, but in court, almost nothing is off limits.

BTW, I have considered working at Cedar Point, as I have both Full time and Seasonal friends who work there! Who knows, I may just make it up there one day, but I'm ATL-ing this year at Six Flags in Rides, so it wont' be this summer for sure.

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Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003! Have fun trying to find me!
*** This post was edited by Zero-G 4/12/2003 11:12:15 PM ***

the marching band at my high school use to have this thing with cp that on certian weekends through the season members of the marching band could work for five bucks an hour and that money went in to each members band account for bi-annual trips. two seasons ago, we worked at gullivers grill. on the last day, several cp people came and tried to get as many of the band members kicked out, screwing the band boosters of the bonus check, which they did. we no longer have a thing with cp because of them screwing us...

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"Will you sprinkle my fries?"

I can't belive people would say such negative things about Cedar Point and its mangement. I would like to say that I have never been treated so well as a applicant and now will be a new employee. The HR department and the person who hired me were so helpful and seemed very intrested in my work preferances and goals. I don't belive that Cedar Point would treat there employees that way from what I herd they would to everything the could to help one of there employees. If Cedar Point is so evil then why do hundreds of employees go back every year???

BTW: I think it is great that all of the returning employees post here and are so willing to help out new employees. . Its like you are all a big family and I feel very proud to join you.

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Cody
Top Thrill Dragster 03
*** This post was edited by dragstercody 4/13/2003 10:22:18 AM ***

Yea, I think this would be a good time to point out that I KNOW for a fact Cedar Point is not out to screw it's employees, nor do I believe that management is corrupt and that seasonals should watch out for the ax in before their bonus.

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Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003! Have fun trying to find me!

if they know you are doing something naughty they will get rid of you. if they dont want you there, they will get rid of you. They have their ways.

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Dave
Cedar Point Employee 1997 - 2000
Kansas Wesleyan University Sports Information Director
It's CP for life

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SteelMonsters said:
The best part of FUN is the stability. If you compare it to other stocks over a long term period, you'll probably notice that it doesn't move much.

Constitering the dividends, I'll be happy it it stays around 20-25 per share.

If you haven't noticed already, Cedar Fair recently released the 2002 annual report.

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Have fun with the tax reporting of this particular security!!!!LOL! If you can understand it that is!! Alot of CPA's cant and thats a fact!

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Erie: The only great lake you can walk from end to end and only get oil on your shoes!

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Zero-G said:
I had the oppourtunity of talking with a small town lawyer who actually settled out of court with Cedar Point for charges that they unfairly held a seasonal employee in their jail for 3 days without giving a reason. Here's how the case went:

A young African American male working and living at Cedar Point was accused of stealing a couple hundred dollars worth of merchandise from a gift shop. He, like many others working at the park, was part of the employee bonus program, such that at the completetion of his summer, he would recieve a bonus, but under the conditions that he followed all rules.

After Cedar Point police investigated the incident and reviewed some eye witness accounts, they came and took the young male into custody. They had planned to charge him, but instead kept him in their jail for 3 days. Well, it turns out Cedar Point has the wrong guy, and in fact the two girls who "Eye-witnessed" the theft were the ones who stole the items.

But where Cedar Point got in trouble is the lawyer found out that if his client missed 3 days of work, he could not get his bonus. Cedar Point made no attempt at "Due Process" in his words, and intentionally kept him in jail as to void his bonus contract. Whether that was their intention or not, the young male did not commit the crime, and was held for 3 days without being charged, which unfortunetly for him, prevented him from getting his bonus. Cedar Point and the lawyer settled out of court to "make the whole thing go away".

After hearing this story, as told by the lawyer, I really did get the feeling that Cedar Point was out to screw this poor kid over. But that's why Cedar Point settled out of court and why not many people know about it. And I do realize this was an isolated incident, and Cedar Point is not out to give it's employees the royal dunking, but this case may be why many seasonals continue the "Urban legend" of sorts. It did actually happen once.

------------------
Jes
Jes's Roller Coasters DJ Jes
Six Flags Worlds Of Adventure Ride-Ops Crew 2002-2003! Have fun trying to find me!
*** This post was edited by Zero-G 4/12/2003 10:58:39 AM ***

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If there is any truth to this please reference the case. It should not be all that difficult in Sandusky!

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Erie: The only great lake you can walk from end to end and only get oil on your shoes!