Subject:
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Re: Lego Direct (was Re: Georgia LEGO Outlet is Cool!)
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Newsgroups:
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lugnet.dear-lego
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Date:
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Tue, 28 Mar 2000 00:06:33 GMT
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Highlighted:
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Craig Livingston wrote:
> TRU gets wholesale prices and I don't is
> fair. Why? Because I am lazy and don't get a wholesale license...start up a
> toy business.
Larry gets "preorders" and you don't. Why? Because you don't spend Big Bucks.
Same difference.
> If I have a brother who works at a biolab and he tells me
> two hours before the official press conference that his company has the cure
> for aids. If I act on it, buy stock, and get rich from it. I would be in
> trouble.
This has nothing to do with buying LEGO, or anything else except stocks.
Larry isn't getting "insider information", he's getting a chance to buy
some LEGO. There's a world of difference between that and the stock market.
The reason that "insider trading" is illegal in the stock market is to prevent
people from unfairly manipulating stock prices. Imagine this:
CEO Guy: OK, Bob, here's the plan. Our stock is low, you buy a whole bunch of
it. We'll make a false leak about a new breakthrough and the price will rise.
You'll sell the stock and we'll split the proceeds before anyone realizes that
the "breakthrough" never happened.
That kind of scenario just doesn't happen in the LEGO market.
> Again, I have no side in this argument. The reason being is no one is
> objective at all in this case. Haves want it to continue. Have-nots want it to
> stop.
How odd. I'm a "have-not", yet I see no reason this should stop. What does
that
make me?
J
--
sakura@mediaone.net is Jeff Johnston http://www.io.com/~jeffj
My LEGO Web page has moved! Go to: http://people.ne.mediaone.net/sakura
Check out my Trade List and Want List - * - Last Updated 12/19/1999
LEGO Geek Code: SP+ CA +++ (375/6075) PI +++ #++ S--/++ LS++ Hal M+ A++ YB73m
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