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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Stock Farmer who wrote (45971)8/29/2001 4:01:38 PM
From: Seeker of Truth  Read Replies (1) of 54805
 
John
I agree with you 100%. Some companies spend a lot of money on research and blame their reduced profitability on that but today's profitability depends on yesterday's research just as tomorrow's profitability depends on today's research so this has to be a regular expense. The acquiring of new IP should be as ordinary as upkeep of a factory.
Malcolm
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