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No it isn't. Today's business requires an immediate return. Most companies, and certainly the majority of shareholders, don't care about long term profits or stability. While I disagree with the current philosophy, I think it's reality. It's a shame, but that's the way it is. I am SO tired of hearing about companies dumping perfectly viable
enterprises just because they aren't AS profitable as another venture, out of a "responsibility to our shareholders". Ah boooshwah. Your responsibility to your shareholders is not to suck every penny out of the next 90 days, but to create a strategically sound financial base.
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