Re: Tokyo Stock Exchange shows the eventual future!
From: No Spam (Spam_at_Nospama.net)
Date: 07/29/04
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Date: 29 Jul 2004 10:27:04 GMT
On Thu, 29 Jul 2004 02:40:31 UTC, Socialism is a Mental Disease
<root@localhost.> wrote:
> On 28 Jul 2004 19:07:50 -0700, polypheus@mailandnews.com (polypheus)
> wrote:
> >
> >In the end, it is clear that the bottom line is that stocks only have
> >value PERIOD because of the hope that there are sufficient future
> >buyers to help bid up the price and of course those future buyers have
> >this same view. But this is the classic definition of a Ponzi scheme.
> >
>
> You obviously never heard of a simple little concept called
> "dividends".
There's also the chance of a buyout, being taken private, and using
the stock to get yourself a nice job. If Bill Gates had only one
share of MSFT, he'd be an 80K/year programmer in one of their
applications divisions.
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