Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 155.15

+2.1%

3:59 PM EST

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To: Jerome who wrote (9960)	6/12/2001 6:27:32 PM
From: Sam	of 10921

<<If corporations paid no taxes do you really think they would lower costs to the consumer? Here you are naive For years GM paid no taxes... did they lower the price on cars??? Every company that becomes highly profitable for whatever reason, finds some reason to increase executive compensation .Other employees come next and if any crumbs are left the shareholder might be considered. >> Actually, I think customers probably come just before the lowly shareholder, who gets the priviledge of "paying" the executive with large numbers of shares at a cost that is sharply reduced from the market price since the executive "earned" so much for the shareholder. Nevermind that the executive somehow never gives anything back when the share price goes down, or when the company doesn't do well--then it is just the problem of the economy, or the effect of the market. Or if not, then the executive gets canned but again with a golden parachute frequently worth millions. It is astonishing to me how we just accept this way of dealing with executives, and how some people actually defend it as somehow reasonable. Sam Edit: I recall when I was laid off from a job back in the mid 80s. I complained that they were only giving me 6 weeks severance pay. They said they were being generous, that they didn't have to give me anything, I was paid well enough for the work I did as it was. Nevermind that I worked 12 hour graveyard shifts 5 or 6 days a week on salary (e.e., no overtime pay).

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