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People got laid off, the stock price when up, and that combination makes you angry?
by arcbyte 9y ago
People got laid off, the stock price when up, and that combination makes you angry?
- jondubois 9y agoUnless you're a wealthy shareholder or a masochist, then yes you should be angry about that because you're next.
- arcbyte 9y agoI was hoping to get the poster to expand on his reply to the other poster's perfectly logical comment: > In many ways you'd expect a company that dropped a lot of employees to improve it's profitability due to reducing costs, and if it's more profitable it ought to be worth more right? Obviously it's a trade off, ie no R&D means no new products means it's going to run out of things to sell eventually and that should reduce expected future cashflows and thus value etc etc. If he wanted to talk about long term downtrends in Boeing's R&D or other areas that the market should know will impact its future performance I would enjoy hearing about that. If this is just capitalism bashing with nothing new to offer, I'm not interested.