View Single Post
Old 2005-10-17, 08:11 AM   #21
SirMoby
Jim? I heard he's a dirty pornographer.
 
SirMoby's Avatar
 
Join Date: Aug 2003
Location: Washington, DC
Posts: 2,706
US technology companies generally make 15 times thier earnings on stock sales. So if the company is making $1,000,000 a year then they can easily make $15,000,000 by selling stock. This is a company that gets to use lots of key words in press releases such as "Internet", "Digital Media Transmission", "Licensing", etc.

Every press release is worth millions of dollars. A millions dollar agreement is worth 10 to 20 times that in investment. You can buy a lot of Senators with that kind of money.
SirMoby is offline   Reply With Quote