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 165.81

+1.9%

Dec 9 4:00 PM EST

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To: Sam Citron who wrote (2942)	10/22/1997 11:04:00 AM
From: jweiner	1 Recommendation Read Replies (2) of 10921

<Yes. But if you invent something that is vitally needed, say a cure for cancer, what is the optimal time that society should grant you a monopoly on this wonderful drug? > Sam, this is exactly the case for a society's governing structure to fund basic research. The inventors are beneficiaries of the various social, educational and technical infrastructures of their society (as well as good contributors to this same set of infrastructures). As participants in a society, they certainly do not gain the right to withhold life from their fellow citizens in order to "profit" (in the base sense) from their interest for a few years. A fairly salaried research grant and the very real (and priceless) sensation of improving the lives of their fellows is surely ample reward doncha think? to all-I have great respect for the level of thought on the thread! This immeasurably enriches the mundane task of accumulating our fortunes by becoming marginal owners of the tools of production. jw

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