Tulipomania Blowoff Contest: Why and When will it end? Message Board

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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?

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Jun 26 5:00 PM EST

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To: EL KABONG!!! who wrote (3314)	12/20/2000 2:25:13 AM
From: KeepItSimple	Read Replies (1) of 3543

NO, we can't "all" share in the profits of our greatest companies. Or, ok, lets try. Give every man woman and child on earth a share of Cisco. Since they have over 8 billion shares outstanding, that'll be no problem. Now each person "sharing" in their profit will get about 50 cents a year in BIG MONEY, if all Cisco's profit were paid out as a dividend. The problem is that our economy can only support a finite number of wildly profitable companies. And that finite number has lately been overwhelmed by hundreds of millions of worldwide investors, all trying to attach themselves to the profit stream. Either the number of investors MUST BE DECREASED, or the amount of profit each investor receives MUST BE DECREASED. There's no getting around that fact. Too many people are trying to live off the accomplishments of a few successful companies. Economies simply cannot exist like that. ---------------------------------- But we all can share in the profits of our greatest companies, to some extent. I might guess that some people try to acquire greater shares than other people. <g>

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