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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Druss who wrote (9555)	5/18/2001 2:41:54 PM
From: Kevin Podsiadlik	Respond to of 19633

Kevin--I used to think that 'good management' meant the company grew in revenues and profits, became more solid financially, that sort of thing. But then Kramer is talking about 'stock management' isn't he? So the certificates that are traded around become higher priced. Nothing to do with what the company is really worth but what the market can be 'managed' into seeing it worth. True to an extent, and yet... the money raised from the secondary offering is very very real and most certainly contributes to the company's health. Who is to say they can't go to that well again next month and have any less success than the last time? On top of that, there's no real evidence that just because they have a strong stock management team, that that is in any way distracting them from executing their actual business plan. Even if this is the grand finale of the great doughnut pump it was a great run and KKD, the company, and its employees and insiders have reaped considerable profits from it. One might dispute whether they earned it fairly or honestly, but the money's in their pockets (or as good as), and when you get right down to it, that's the object of the game.