I love this and will be watching carefully. This may be a new model for innovative companies -- raise venture capital to launch a new idea, buy back the stock, and go private.
In my unschooled opinion, this is the cure for stock market speculation. With a majority of the stock held by true fans of the company, the management team can focus on company and products rather than stock price. For the same reasons, I'd love to see these companies reward stockholders with dividends -- a share of the success -- instead of price growth.
Good luck Michael Dell. I look forward to buying a Dell computer that is not built for accountants.
|