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[quote]QUOTE: Originally posted by jruppert Maybe not. But who buys stock in large american companies? - Foreign conglomerates. [/quote] Then they REALLY tend to tighten the old screws,,, Like when Kone bought Montgomery elevator or Tyco bought Simplex, Grinnell, and ADT. Granted, it's not good to see all that cashflow going overseas, but it doesn't bother me as much as seeing all the manufacturing jobs sweeping to foreign continents. I mean a "sit on your duff all day and clip dividend coupons" stockholder is a "sit on your duff all day and clip dividend coupons" stockholder. where ever they are. Unfortunately the days where the owner of a company had pride in the products produced because they had his name on them are almost gone.
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