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Subject: 
Re: A Community Problem (Was: Re: 10152 Update)
Newsgroups: 
lugnet.off-topic.debate
Date: 
Fri, 31 Dec 2004 04:37:39 GMT
Viewed: 
9612 times
  
In lugnet.off-topic.debate, Ken Nagel wrote:
   In lugnet.off-topic.debate, Richie Dulin wrote:
   In lugnet.off-topic.debate, Ross Crawford wrote:

SNIP
  
   In lugnet.off-topic.debate, Richie Dulin wrote:
   In lugnet.off-topic.debate, Ken Nagel wrote:

There are plenty of non publically owned companies that do not exist to make a profit.

“privately owned”

Privately owned is not the same as non publicly owned. (Though Lego is both non publicly owned and privately owned.)

I’m not sure why I spelled it ‘publically’, though. Must be that speech to text software acting up again. ;-)

  
  
   It is owned by people with increasingly less wealth.

“decreasing wealth”

It would seem so. But the question remains: is Lego owned by people with decreasing wealth?

Cheers

Richie Dulin

Thanks for defending the “non Public part”

No worries. However, you did make the claim that “A company exists to make a profit”. The fact that Lego is a private company is neither here to there, a company does not exist to make a profit. And yet that’s what you claimed.

You didn’t lie, did you? ;-)

   As for “increasingly less wealth” it was exactly choosen to make the point. Lego has been loosing money for years and the family/owners have been increasingly worried about maintaining the status quo.

Well, maybe. But on what basis do you claim that they have increasingly less wealth? I’ve held some shares for the last year the value of which has decreased, but yet, at the same time, my wealth has increased...

Cheers

Richie Dulin



Message has 1 Reply:
  Re: A Community Problem (Was: Re: 10152 Update)
 
(...) SNIP (...) we're splitting hairs a bit however my statement about their wealth is based upon suppositon. One can only afford to loose so much and if it were not an issue they would not be worried about maintaining control.-Ken (19 years ago, 31-Dec-04, to lugnet.off-topic.debate, FTX)

Message is in Reply To:
  Re: A Community Problem (Was: Re: 10152 Update)
 
(...) SNIP (...) Thanks for defending the "non Public part" As for "increasingly less wealth" it was exactly choosen to make the point. Lego has been loosing money for years and the family/owners have been increasingly worried about maintaining the (...) (19 years ago, 31-Dec-04, to lugnet.off-topic.debate, FTX)

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