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To: Wyätt Gwyön who wrote (118783)5/14/2002 4:52:31 PM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
Hey, I've been editing! There's more in that post now.

But hang on, you don't buy them?!! What was wrong with my argument? For example, life expectancy. Just tell me why that isn't an issue. We can leave the other multiplicity of variables for now.

Heck, do the gold one too. It can't be that tough to say why that was wrong.

I DEMAND you buy them or tell me why they are incorrect.

Or else....
Mqurice

PS "It's different this time" is actually correct. The mantra that nothing in the world changes is obviously false. That doesn't mean that anything goes. Plenty of people will still lose their shirts. But things really are different. Many, very important things.



To: Wyätt Gwyön who wrote (118783)5/14/2002 5:05:02 PM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
<you and Irwin Jacobs do NOT have the same agenda. >

Well, there are some differences. For example my children aren't his, therefore our interests instantly diverge at the most basic level. But in trustworthiness [honesty] and ethics I rate him highly. I don't agree that pro-forma results and stock options show anything untoward in an ethical or honesty sense, though I agree with your position on the effect of those on the financial position 'going forward', as they say. Sure, some things maybe should or shouldn't be in the pro-forma as PCSTEL says. But investors should be looking beyond such general guidance numbers.

However, like any tribe we have interests in common. People can never have identical agendas and interests. But the success of huge corporations, universities, societies and countries proves that shared interests are a very, very major aspect of life and being successful.

Communists tried combining those interests forcibly and ended up destroyed because they omitted the key component of voluntary association. Countries tend to do that to and confiscate people's property - the more they confiscate, they less likely the people are to do as well as the free societies.

Speaking politically,
Mqurice