written by vogelabv 156 days ago
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Their shareholders have been on edge since the dot.com bubble burst. Sun (according to history) also generally buys back shares when they want to do more long-term planning and thus can ignore the shareholders.
written by davemackey 155 days ago
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Yeah, I'm actually not a huge fan of public stock for that exact reason...People are too short-sighted and want instant returns. This not only results in short-range planning but also can result in illegitimate belt tightening (lower wages, layoffs, etc.) in order to please the shareholder...Funny thing is, we are oftentimes the shareholder - and we complain when we are laid off, yet demand it of those we invest in.
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Their shareholders have been on edge since the dot.com bubble burst. Sun (according to history) also generally buys back shares when they want to do more long-term planning and thus can ignore the shareholders.
Yeah, I'm actually not a huge fan of public stock for that exact reason...People are too short-sighted and want instant returns. This not only results in short-range planning but also can result in illegitimate belt tightening (lower wages, layoffs, etc.) in order to please the shareholder...Funny thing is, we are oftentimes the shareholder - and we complain when we are laid off, yet demand it of those we invest in.