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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Jim Roof who wrote (654)4/10/1998 11:14:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 4634
 
>>>Then why do companies sell stock? Is it just some sort of public service? They sell stock to raise capital. <<<

And once the stock is sold, the shares trade on the market. Unless you purchase in an IPO or secondary offering, nary a penny goes to the company.

Barb