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"[QUOTE]["All they care about is pleasing there stockholders."
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<blockquote data-quote="Taren Nighteyes" data-source="post: 243674" data-attributes="member: 806"><p>Alright,</p><p></p><p>I have read through most of the posts on this thread and just want to add my 2 unasked for cents.</p><p></p><p>1. A public company's primary responsibility is to "create shareholder wealth". Short term, long term, it all depends on many factors including economic climate, type of business, and previous performance.</p><p></p><p>2. "Greed" is healthy, and a result of capitalism. It is cheating, stealing, and lying resulting from greed that de-rails the system.</p><p></p><p>3. WOTC made MILLIONS of dollars with Pokemon and MtG. When these two money makers declined, Hasbro is not only dissappointed with their investment/purchase in WOTC, but also needs to cut the unprofitable, and improve the profit margins on what remains. Hence - layoffs and the discontinuation of Chainmail, etc.</p><p></p><p>4. While long term growth and expansion is important, the current economic climate dictates the need for short-term profitability. Whenever there is a downturn in the stock market and economy in general, people want to see a positive return on the investment in the short-run, or they tend to bail. Sell sell sell, because it will only get worse or not better any time soon. Hasbro must satisfy the demands of the shareholders, or investors will leave for greener pastures. (Another good example is the Telecom industry, which generally has a decent long-term profitability, but short-term is pretty bleak - Note the investment community has bailed out of the telcoms for the most part!)</p><p></p><p>That about covers my input. Good luck to Hasbro/WOTC and may DND continue to evolve and grow!</p><p></p><p>Taren Nighteyes</p></blockquote><p></p>
[QUOTE="Taren Nighteyes, post: 243674, member: 806"] Alright, I have read through most of the posts on this thread and just want to add my 2 unasked for cents. 1. A public company's primary responsibility is to "create shareholder wealth". Short term, long term, it all depends on many factors including economic climate, type of business, and previous performance. 2. "Greed" is healthy, and a result of capitalism. It is cheating, stealing, and lying resulting from greed that de-rails the system. 3. WOTC made MILLIONS of dollars with Pokemon and MtG. When these two money makers declined, Hasbro is not only dissappointed with their investment/purchase in WOTC, but also needs to cut the unprofitable, and improve the profit margins on what remains. Hence - layoffs and the discontinuation of Chainmail, etc. 4. While long term growth and expansion is important, the current economic climate dictates the need for short-term profitability. Whenever there is a downturn in the stock market and economy in general, people want to see a positive return on the investment in the short-run, or they tend to bail. Sell sell sell, because it will only get worse or not better any time soon. Hasbro must satisfy the demands of the shareholders, or investors will leave for greener pastures. (Another good example is the Telecom industry, which generally has a decent long-term profitability, but short-term is pretty bleak - Note the investment community has bailed out of the telcoms for the most part!) That about covers my input. Good luck to Hasbro/WOTC and may DND continue to evolve and grow! Taren Nighteyes [/QUOTE]
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