SI
SI
discoversearch

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.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: SBHX who wrote (61921)5/5/2002 4:41:57 PM
From: LTK007  Read Replies (2) | Respond to of 99280
 
Public Companies MUST be for the benefit of both their shareholders and themselves, period.These companies deserted their shareholders for only themselves and it will be seen this event has NOT worked for the "greater good".
Fact , hard cold FACTOID, the options abuse has brought the tech sector to the edges of ruin.
If someone REALLY has a good solid idea, with concrete arguments, that entrepreneur will get funding.
It is time the spoiled cultist of tech to join the real world.
This country, i suspect, is in deep trouble because what you believe in.
George Soros 5 years ago said the Capitalism of Greed could well run this country into a desperate situation someday.(the counter to this is The Capitalism of Ethics that benefits the greater good)
Well Scared, you are seeing the edges of where the Capitalism of Greed has taken us---it may possibly already be too late.
Just as the same rage of the Capitalism of Greed of the 20s when finally recognized, it was TOO late, and the Great Depression followed.
Hey, mind you, Allen Greenspan, who is first and foremost an Ayn Randist, is fiercely against not counting options as an expense.
Max

p.s. i wouldn't be surprised if George Soros turns up at an "anti-globalization" rally one of these days.
Also since when does being a risk taker make you a better person, you rant about risk takers like they are some chosen elite.
And Factoid, you are NOT a risk taker IF you are not willing to be WIPEDOUT. A high risk person MUST realize the odds say he will be wiped out.
I am sensing vibes that a lot of high risk takers are
getting hit hard and they don't have the guts to take it.
As for my nephew being a high risk taker, hell it wasn't risk at all!!!, they were giving money away , it was a get rich quick bonanza,it was high FARCE, not HIGH risk.
My nephew does happen to be very excellent at what he does, but has the MODESTY to accept it as just being in the right place at the right time(BTW his only college degree is in musical composition).