Subject:
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Re: A Community Problem (Was: Re: 10152 Update)
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Fri, 31 Dec 2004 04:37:39 GMT
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Viewed:
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9882 times
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In lugnet.off-topic.debate, Ken Nagel wrote:
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In lugnet.off-topic.debate, Richie Dulin wrote:
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In lugnet.off-topic.debate, Ross Crawford wrote:
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SNIP
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In lugnet.off-topic.debate, Richie Dulin wrote:
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In lugnet.off-topic.debate, Ken Nagel wrote:
There are plenty of non publically owned companies that do not exist to
make a profit.
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“privately owned”
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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. ;-)
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It is owned by people with increasingly less wealth.
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“decreasing wealth”
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It would seem so. But the question remains: is Lego owned by people with
decreasing wealth?
Cheers
Richie Dulin
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Thanks for defending the “non Public part”
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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? ;-)
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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.
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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
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Message has 1 Reply:
Message is in Reply To:
 | | Re: A Community Problem (Was: Re: 10152 Update)
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| (...) 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 (...) (20 years ago, 31-Dec-04, to lugnet.off-topic.debate, FTX)
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