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fiscal responsibility



In a message dated 10/23/2002 1:31:21 PM Pacific Daylight Time, 
owner-alfa-digest@domain.elided writes:


> 
> Not only do they want to make money...being an investor owned company it is 
> 
> their fiscal RESPONSIBILITY to maximize their investors return.  Remember, 
> Ferrari is largely privately held, as is Porsche (I think) and do not have 
> to 
> answer to investors.

Somehow, though they remain aristocratically "above the fray" and scramble 
for filthy lucre, Ferrari's new Enzo model was 100% sold out prior to even 
being on the market.  I think GM's shareholders would think they'd died and 
gone to heaven if they were enjoying sales results like that!

BTW, isn't Ferrari owned by FIAT and Porsche by VW?  Or am I on the wrong 
page again?

Charlie
LA, CA, USA
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