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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: tonka552000 who wrote (40060)	10/23/2003 1:11:00 PM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

>>most new ventures like ours are being pushed way too fast by the investors trying to catch the ride one more time -- this is destructive in my opinion<< I remember the endless hand-wringing in the mid to late 80s regarding corporate America's lamentable focus on the quarterly numbers versus Japan Inc.'s enlightened long-term perspective and how this would lead to Japanese world domination. Again, you know the punch line. Bottom line. Earnings this quarter are worth more than earnings a year from now or a decade from now. And an IPO this year instead of next year does wonders for the VC's ROI. It's just business. Don't take it personally.