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.
Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (4251)12/31/1997 4:06:00 PM
From: Clarksterh  Read Replies (1) | Respond to of 10921
 
**OT** - Brian Re:<<It's exactly this type of talk that gets me nervous. Who are you or I to say what is the "appropriate" Cash surplus? Head down this path of logic, and INTC is also in danger of being a target. And for nothing more than being a superior business entity with a lean structure and excellent focus. The day this becomes criminal is the day I renounce my citizenship.>>

The government's job is to level the playing field (for individuals and corporations) while minimizing interference (so as to maximize incentive to the most productive). These are at heart conflicting goals. Period. Saying no one should be allowed to be wealthier than X is scary, but so is unadulterated, grind-them-into-dust competition.

Thus, while I would never consider just taking away excess cash, I would consider it in conjuction with other factors (such as whether a particular company has a monopoly, and whether they were using purely marketing tactics to maintain or build their monopoly) when determining if a particular industry was uncompetitive. Based on such analysis I would perhaps adjust the playing field (from here forward), and I might choose to penalize them - in keeping with the playing field analogy - if they violated the rules (as MSFT clearly did in strong arming Compaq.).

Clark