YES! I forgot to make that point. And I am very happy that I am employed
by a privately-held company for the first time in many years!
- Dan
On 12/18/05, Mike Eovino <meovino@xxxxxxxxx> wrote:
>
> > This is a purely, mostly uneducated guess on my part, but in the 10-year
> > timeframe you mention, it seems to me that 10 years ago, give or take
> (muzzy
> > femory), we started seeing corporate America absolutely fixate on
> short-term
> > profits, and neglect the long-term. In this scenario, I believe, IS
> will
> > always get the short shrift.
>
> In that case, quite a bit of it has to do with public vs. private
> companies. Public are the ones that tend to fixate on the quarterly
> #'s, while private companies can afford to take a longer view,
> sheltered from the insatiable demands of short-term investors.
