Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: marcos who wrote (14765)	2/10/2002 3:41:51 AM
From: Maurice Winn	Read Replies (1) of 74559

<So that's how Cisco got 7.3 billions shares out, and qcom 767m ... low cash costs! -g-> Marcos, Yes, split, split and split. Print, print, print. Costs almost nothing to do. But those holding the previous shares own the new ones too, unlike when Uncle Al prints another swag [or whoever does the printing for the government]. We pay our employees with another bunch of printings. It's all so much better than the US$ which is backed by nothing. The US$ doesn't represent ownership of anything other than the trust that Uncle Al and the current bunch of politicians won't dilute the existing holders too much. The history of governments and money is quite ugly. Trusting them should carry a serious risk premium, unlike trusting the productive, creative enterprise of 6 billion people and their desire for goods and services. Don't cry for me Argentina, Mq

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