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More QuickBooks Sunsetting Tricks From Intuit | 289 comments (289 topical) | Post A Comment
Huh?[ Parent | Reply to This ] (none / 0) (#6)
by kamnet on Thu Feb 05, 2004 at 11:48:46 AM PDT

If Intuit has no financial gain from selling stocks, then why sell stocks? That's why it is called an investment. :-)

Perhaps its just the simple, naieve farm boy in me, but I've learned since I was a child that you don't sow your seed in the weeds where it will be choked out, you sow it in good, clean and fertile soil where it will not only grow, but produce a harvest for everybody to share.

I refuse to provide any sort of support to companies who fail to do right by their customers. If you want to make a choice of good investment over good business, I can't stop you but I certainly cannot applaud you for it, either. You may not think yourself a hypocrit for doing so, but consider what your investment in this company really stands for.

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Just to clarify[ Parent | Reply to This ] (none / 0) (#7)
by dliesse on Tue Feb 10, 2004 at 11:31:01 AM PDT

A clarification, and then I'll drop it since we're getting off the technical track here. When a company originally issues its stock, yes, it gets the money. From then on, all trades are among investors and the company doesn't see a dime of what changes hands (unless, of course, the company is buying or selling its own stock). You and I may both buy at the IPO, but if I sell to you later the company won't see any of what you pay me.

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missing one point about sin stocks[ Parent | Reply to This ] (none / 0) (#12)
by Anonymous User on Tue Mar 02, 2004 at 03:10:21 PM PDT

you also have the choice of investing in a company and running the risk that it will create above-average returns, at least in the short term, while mistreating its customers, versus other companies with potentially lower returns and better customer treatment. in theory, treating customers better yields better long-term returns, but there has also been a lot of money made in "sin stocks" over the decades. selling a stock because it treats its customers poorly may be cutting off one's nose to spite one's face. in the end, it's your choice, either way......

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yes[ Parent | Reply to This ] (none / 0) (#372)
by maderikapapa on Wed Nov 12, 2008 at 11:20:52 AM PDT

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More QuickBooks Sunsetting Tricks From Intuit | 289 comments (289 topical) | Post A Comment
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