Hawaiian Vintage Chocolate (H W V I ) - It's Time Message Board

STOCKTALK

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.

Microcap & Penny Stocks : Hawaiian Vintage Chocolate (H W V I ) - It's Time

HWVI 0.00

May 12 4:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Olds who wrote (14)	2/14/1999 6:34:00 PM
From: Michael Olds	of 25

Food for Thought [From: Soros, The Crisis of Global Capitalism, PublicAffairs, New York, pp 49] The fundamentals [of a stock] that matter are in the future. It is not last year's earnings, balance sheets, and dividends that stock prices are supposed to reflect but the future stream of earnings, dividends, and asset values. That stream is not given; therefore it is not an object of knowledge but of guessing. The important point is that the future, when it occurs, will have been influenced by the guessing that has preceded it. The guessing finds expression in the stock prices and stock prices have ways of affecting the fundamentals. . . . A company can raise capital by selling stock and the price at which it sells will influence earnings per share. The price of the stock also has an influence on the terms at which the company can borrow. The company can also motivate its management by issuing options. There are other ways in which the image of the company as represented by its stock price can affect the substance. Whenever that happens, the possibility of a two-way reflexive interaction arises . . .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next