Posted On: 11/21/2013 7:32:55 PM
Post# of 36729
That's a quote the substance of which gets repeated. I'm thinking they may generally view shareholders, more or less, as flippers and day traders. If so, it's unfortunate.
K. Allyn Letter to Shareholders 05/22/2013
"We, as management, are committed to generating shareholder value in this space, which includes maximizing long-term cash flows. So, while many of you seem interested in what is happening minute to minute, hour to hour, or day to day, we will continue to look at where we want the business to be monthly, annually, and on a longer horizon and we define our success on that basis. That perspective necessarily will have positive short-term effects, but the micro short-term is not the vantage point from which we manage."
K. Allyn Letter to Shareholders 05/22/2013
"We, as management, are committed to generating shareholder value in this space, which includes maximizing long-term cash flows. So, while many of you seem interested in what is happening minute to minute, hour to hour, or day to day, we will continue to look at where we want the business to be monthly, annually, and on a longer horizon and we define our success on that basis. That perspective necessarily will have positive short-term effects, but the micro short-term is not the vantage point from which we manage."
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