Followers | 18 |
Posts | 2017 |
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Alias Born | 12/09/2013 |
Monday, January 23, 2017 11:02:05 AM
The best competition is self-competition. E.g., no matter which Post cereal one buys, Post makes money. That's why they sell so many varieties. In similar manner, Lugee Li will make money whether a part contract goes to Eontech or to LMT. But we (the shareholders in LMT) will only gain from sales that come through LMT.
So it's fine for "The Chairman" to wax poetic about competition, as he comes out on top regardless. But given his buy in price of only $.15 a share (on average), Li stands to make considerably more money by growing LMT than he does from the continued growth of Eontech. And that is why he will do everything he can to build up LMT. -- At least, that's what I am hoping for.
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