Re: [TCLUG:17767] Open Source Article

["Kevin R. Bullock" <kbullock@ringworld.org>]

On Wed, 17 May 2000, Philip C Mendelsohn wrote:

> Can I pick the nits off your nits?

Please do :)

> The idea that market capitalization is an asset and not the DEBT that it
> really is, is largely responsible for the overly high values present in
> the stock market today.  The line between making a fortune on a big IPO
> and going to jail for fraud because of overselling a companies stock is a
> fuzzy grey one indeed!

Very true. But this moves beyond my relatively unimportant point into the
stupidity of the stock market as it stands. Tell me again how Yahoo! is
turning a profit? You'd think they would be by their market cap...

Then again, we could discuss whether suckers should be allowed to keep
their money. :)

Pacem in Terris / Mir / Shanti / Salaam / Heiwa
Kevin R. Bullock