Kontra, Not entirely, no. However, at present what you're seeing is investment in the expectation of an increase in share price irrespective of the underlying value of the business. It's the financial equivalent of pass-the-parcel and hoping you're not left holding the bag.
So yes, current shareholders might off-load their shares for more than they paid for them, but it doesn't answer the question about the fundamentals of the business. Sorry, but it just doesn't. Regards Steve 2008/9/23 Kontra <[EMAIL PROTECTED]> > > You're confusing the distinction between success for the individuals > > (founders), and the success of the *business*. > > > > Founders I cited were obviously colorful shorthand for shareholders, as I > have also specifically mentioned them. In fact, I went further to make the > point: > > "I bet the shareholders of your company (with our without a profitable > business model) wouldn't mind seeing a $4 billion payoff day. It's the > American way." > > Perhaps there's a parallel universe where "business" success means > something > other than shareholders in a company getting satisfaction, but I'm not > living in it. Separating "business success" from "shareholder success" is > so > much gobbledygook, I'm afraid. > > -- > Kontra > http://counternotions.com > > ________________________________________________________________ Welcome to the Interaction Design Association (IxDA)! To post to this list ....... [EMAIL PROTECTED] Unsubscribe ................ http://www.ixda.org/unsubscribe List Guidelines ............ http://www.ixda.org/guidelines List Help .................. http://www.ixda.org/help
