 DogfatherPremium join:2007-12-26 Laguna Hills, CA 3 edits | reply to rahvin112
Re: USF causes this In this era of investor activism I wouldn't be surprised if it was argued that a CEO is in breach of fiduciary duty if they take actions that negatively affect the stock price like building a a very expensive network, even if there is a ROI later on. A lot of investors, even institutional investors are extremely short-sighted and don't give a crap about long term viability. They want their profits yesterday, the future be damned. That's why companies like Cox are in a great position. |