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<blockquote data-quote="PobreCarlos" data-source="post: 626571" data-attributes="member: 16651"><p>1989;</p><p> </p><p>You really don't know what the term "value" means, do you?</p><p> </p><p>Sorry, but the market did *NOT* "doubled the value of the stock". The simple fact is that there was *NO* generally recognized market valuation in place PERIOD when the stock went public, and the market simply pegged the price AT it's value....the same value it - IN REALITY - was at the day before.</p><p> </p><p>Of course, if you can prove me wrong, then "please"; proceed to do so. I.e. - show me a market-based valuation of the stock prior to it's going public...and how it was half of that "post-public". Personally, I don't think you can do it.</p><p> </p><p>You see, there were those of us who KNEW (or at least had a pretty good idea!) of what the actual "value" of the stock was....and it WASN'T the artificially pegged MIP "10% forced buy-back this year price".</p><p> </p><p>As for "earnings growth", I'm curious as to how you think that should - or could - come about? You know; how to get us out of this "purgatory"?</p><p> </p><p>Guess what I'm saying is what I've been saying; i.e. - there's no such thing as a free lunch.</p></blockquote><p></p>
[QUOTE="PobreCarlos, post: 626571, member: 16651"] 1989; You really don't know what the term "value" means, do you? Sorry, but the market did *NOT* "doubled the value of the stock". The simple fact is that there was *NO* generally recognized market valuation in place PERIOD when the stock went public, and the market simply pegged the price AT it's value....the same value it - IN REALITY - was at the day before. Of course, if you can prove me wrong, then "please"; proceed to do so. I.e. - show me a market-based valuation of the stock prior to it's going public...and how it was half of that "post-public". Personally, I don't think you can do it. You see, there were those of us who KNEW (or at least had a pretty good idea!) of what the actual "value" of the stock was....and it WASN'T the artificially pegged MIP "10% forced buy-back this year price". As for "earnings growth", I'm curious as to how you think that should - or could - come about? You know; how to get us out of this "purgatory"? Guess what I'm saying is what I've been saying; i.e. - there's no such thing as a free lunch. [/QUOTE]
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