[Texasforever]

No company ever went broke making a profit...Texasforever 2004

[Luis Gonzalez]

"What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry employed in a way in which we have some advantage." -- Adam Smith

"Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer." -- Adam Smith

[Dialup Llama]

>No company ever went broke making a profit...Texasforever 2004

Of course they can. Sometimes profits come at a great cost. Once companies nuke their intellectual, productive and professional human capital for no compensation, stockholders are going to wonder precisely who owns the resources that the hollowed out company pretends to control? The offshoree is going to start to wonder, just why the original company needs to exist at all? Then valuations start to fall and I bet the last few quarters before the fall will be really good ones too.