At 24 06 05, 01:59 AM, Stephen Humphreys wrote: ><<There is no legal requirement that public companies "constantly increase >profits." >> > >I think I know where the poster is coming from. >Similar to the UK, there is this a constant (albeit not legal) requirement to >"beat last year's profit". >It's almost deemed as some sort of tragedy if the current year's profits a >lower than last year's.
I realize there is a lot of pressure on public companies to continually increase profits. However, that does not justify a claim that there is a legal requirement to do so. Jim Jim Elwell [EMAIL PROTECTED] 801-466-8770 www.qsicorp.com
