Snap-On/CHINA?

[oldtools]

!@#$%^&* the share holders!!

Relax and have a wandaful day.

 

[-B-]

Don't forget that it is part of the fine art of company management to decide where the shareholders best interests are.

If the majority of the shareholders are in that particular stock for short term gains, then it is part of the managements responsibility to place those shareholders priorities above the rest, by going for short term gains, possibly by cutting costs and quality.

Whereas, if the majority of shareholders are seen by the management to be in the stock for the longer term, then it is the managements legal responsibility to prioritise those shareholders interests by pursuing longer term objectives, like building a reputation for quality and value for money.

This would be true over a year ago now all stocks are tough of by the big boys as short term high gain bleed the company dry then move on to the next. It is a revival of the late 80' early 90's slash and burn only the slash part is move production to the lowest cost possible manufacturing facility . The key trick for them is to not make much noise about it and never adjust pricing to reflect such a move until found out.

 

[Monte]

Relax and have a wandaful day.

that crack me up every time