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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: Peter Granic who wrote (485)9/24/1997 12:34:00 PM
From: esecurities(tm)   of 4231
 
Agree. Maximization of shareholder value presupposes your understanding viz a viz

>>I think management should focus on running their business
>>as well as possible.

Creating Shareholder Value by Rappaport explains this in an entire book which is also taught in graduate and post-graduate M&A B-School courses. Share price is the effect of a superior management, Board and employees. We only use the concept of stock price within the Rappaport shareholder value paradigm.
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