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Strategies & Market Trends : Good Investment Theses: VALUATIONS w/ FUNDAMENTAL ANALYSIS -- Ignore unavailable to you. Want to Upgrade?

To: Edwarda who wrote (43)	4/24/1999 3:16:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 160

My dear Edwarda, why not pay these people in cash? And why not let the employees decide what they want to do with their money? It seems to me that one of the major perversions of the system (I am far from expert in perversions) is that equity capital ought to be used for business purposes. That is, if the business needs to raise cash for operations and/or expansion, then selling equity is reasonable. But this system just sells the stock in dribs and drabs every quarter. And the cash raised is not needed by the business. Do you feel comfortable with that approach? Yes, you will need to explain the reference. TTFN, CTC