I would agree, but one trend I am starting to see is privately held
companies implementing the same models as publicly held companies. It oculd
be that this trend is regional or limited to certain industries but it is
definitely occuring, for how long and whether or not it becomes permanent
remains to be seen.
On Mon, 19 Dec 2005 10:04:40 -0500, Dan wrote
> 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.
> --
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