SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Timothy Liu who wrote (98504)8/22/2002 4:07:44 PM
From: Pink Minion  Read Replies (2) of 99280
 
Your dilution argument seems to falls apart when you look at companies that buy back their stock.

Let's look a DELL which had no dilution last year. They supposedly made 70-80 cents per share last year. Something like 2 Billion in profits. But if you look at their financial statement they used up 1 Billion in cash. Their book value decreased by 1 Billion not increased by 2 Billion.

Now why isn't the cost of buying back stock expensed as part of doing business? One or the other needs to be.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext