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Re: Now OT: Yahoogroups (was Re: modifying the FCB1010)
At 12:01 AM -0700 6/29/08, Travis Hartnett wrote:
>Uh, that's the definition of "investor": someone who gives you some
>money in the expectation that you'll make them some more money.
True, but there are investors and then there are investors.
There are more responsible investors who believe that supporting good
companies that market good products will make them money in the long
run. And then there are the "quick buck" investors who only want to
juggle numbers in the short-term (often even placing "put" options
that your stock will go down, and then starting spurious rumors to
try to make that stock fall a reality).
Also, the guys who push a company into the public arena (after all,
there's no rule that says one *must* take a company public... ever)
are often not much better, since they could be merely looking at the
stock bump after the initial public offering as their excuse to make
their own fortune. Sometimes a company will enter the market, then
crash and burn over the next year because the principals have bailed
almost immediately after going public.
Regardless, it gets back to a game of manipulating numbers in a bank
account, rather than creating good businesses.
--m.
--
_____
"Image is blasphemy. Text is heresy. The spoken word is a lie."
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