Silicon Investor (SI) -- The First Internet Community

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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Don Lloyd who wrote (64580)	9/15/2003 11:29:28 AM
From: Stock Farmer	Read Replies (2) \| Respond to of 77400

You think we randomly pick up management off the street and ask them to run your company, not caring whether they are doing as good or as bad a job as other candidates? You don't compare the prospective return on capital between investments? You choose between alternative investments based on random and whimsical criteria? Shareholders authorize the expenditure (and diminishing of their wealth in the process) on accounting to simultaneously satisfy these and other rational processes. Which involve comparison! Comparison between companies is a fundamental principle behind why we have standardized accounting. It is so that we can make reasonable objective comparisons between very different businesses. And so that we can measure the efficiency of the management we have selected to manage our capital. And so that we can determine whether it is a good idea to shift our capital elsewhere. And a host of others. To assert otherwise, you are either intentionally misrepresenting the truth because it undermines an argument you don't want to lose, or being difficult, or you are indeed clueless. And in all cases it is hardly worth while having a discussion. Regards, John