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Non-Tech : Kirk's Market Thoughts
COHR 181.67+2.4%Dec 5 9:30 AM EST
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To: Jerome who wrote (867)3/14/2014 10:31:16 AM
From: Kirk ©   of 26713
 
Don't forget the cash overseas from Apple is used to buy equipment at Foxcom and UMC to build Apple products and chips to go inside. They get lower prices in exchange for this plus dedicated production lines.
Many companies like Apple and Cisco have tons of cash on the balance sheet but not very many good ideas on how to use it. Investors say invest and expand....Apple and Cisco say..."in what". Apple could buy a phone company like T Mobil, but that would displease too many investors.
So change the words slightly, how does it feel?
Many companies like Jerome and Kirk have tons of cash on the balance sheet but not very many good ideas on how to use it. Investors say invest and expand....Kirk and Jerome (and Buffet t) say they have 70% of their net worth invested but they want the cash safe for a rainy day.
I hope you are not suggesting that because we are frugal and safe we should be taxed twice...
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