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<p>[QUOTE=&quot;SuperDave, post: 2514286, member: 1892&quot;]The factor which needs to be added to this thinking is that &quot;maximizing shareholder value&quot; these days is an entirely short-term outlook having everything to do with adding every last basis point to this quarter&#039;s margin, while totally ignoring the company&#039;s long-term outlook. PCGS will never have more than a bare minimum number of qualified employees, because showing shareholders profit is more important. Like most publicly-held companies, the tail is wagging the dog. Run the motor at full throttle until it blows up, then sell it.</p><p><br /></p><p>Which is why I like the more-nimble, not publicly held NGC to eventually put them out of business. All they need is management with that mindset; PCGS is ripe for the picking.[/QUOTE]</p><p><br /></p>

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