- Sep 29, 2004
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I was just reading this article:
This quote is of particular interest (Vivola and ortan are top executives):
one of the corner stones of value investing is something called shareholder friendliness. That is, companies should work to increase shareholder value. This includes, worrying about the companies well being, not the stock prices well being. It should be assumed that the execs of these two companies care about 1 thing. Filling their pockets, not yours. They should have absolutely no concern with the share price of the stock as it has nothing to do with their ability to run the business properly. After all, price follow value.
This quote is of particular interest (Vivola and ortan are top executives):
In [an] email between Dan Vivoli of Nvidia and Dave Orton of ATI, Dan wrote:
"I really think we should work harder together on the marketing front. As you and I have talked about, even though we are competitors, we have the common goal of making our category a well positioned, respected playing field. $5 and $8 stocks are the result of no respect."
one of the corner stones of value investing is something called shareholder friendliness. That is, companies should work to increase shareholder value. This includes, worrying about the companies well being, not the stock prices well being. It should be assumed that the execs of these two companies care about 1 thing. Filling their pockets, not yours. They should have absolutely no concern with the share price of the stock as it has nothing to do with their ability to run the business properly. After all, price follow value.
