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Jim Henderson wrote:
> be there to see the long-term results, so it doesn't matter, but the
> short term savings does (to their personal careers).
Yep. It also happens ever since mutual funds became common, so there's some
small few investors that own huge amounts of stock and they don't really
care for the long-term life of the company either, because they make money
trading, not holding. But they push for short-term profits to bump up the
price.
--
Darren New, San Diego CA, USA (PST)
Ada - the programming language trying to avoid
you literally shooting yourself in the foot.
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