It's not so hard for me to believe. It is one of the reasons I bought the stock, but, in addition, at one time, I felt I was helping advance science, in my own small way. Rather like Reeves, when he invested a much larger sum.
But, net-net, most of the big money, wants a return on their money....and earnings are one of many metrics. Additionally, it speaks to how the company is managing their/our money, and gives an indication as to how long they might be able to stay in the business of scientific research.
Best, Savant
PS, I'm long the stock. |