Re: AltInst: Means of production.

At 09:40 AM 6/24/98 -0700, you wrote:
>John Carter
>The prototypical item would be a computer software company. You own
>shares in it. The hard assets are claimed to amount to $N. This
>undervalues the "goodwill" and "intangibles". So a finder points this
>out and organises an auction and you find a buyer at above 2 * $N. You
>loose.
>
>Note that the ownership can be split, ie. If your shareholding in a company
>pushes you over the limit, you can redistribute some of your shares
>to whoever you choose.
>
       
I'm afraid I was being too metaphorical. My main "asset" is what I know
and my skills at applying that knowledge. I work in the multimedia
development business, so once you discount the value of the computers and
processing equipment (most of which is leased), the real value of our
company is our skill set.

George L. O'Brien
CFO
KP Systems Multimedia

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Received on Thu Jun 25 20:31:35 1998