| From: | Todd Montgomery <tmont@****.WVU.EDU> |
|---|---|
| Subject: | Corp Shadowfiles Question |
| Date: | Thu, 9 Sep 1993 14:36:52 -0400 |
But I have some questions for the more economically minded out there.
Why on God's green earth would a Corp. make it illegal for Non-Corp.
employees use its Corp. Scrip? Why? The explanantion in CSF (Corporate
Shadowfiles acronym) is really IMO ascenine. The Corp. makes its money
and pays its employees in there scrip. This then allows employees to
buy items from the corp. stores at two times the cost of the item from
the corp. The same items may sell for three times the cost of the
item using regular moneys. In CSF they mention that this leads to a
healthy market for markets to accept corp. scrip outside the corp. The
market users can then buy corp. items at lower price using scrip. This
supposedly costs the corp. (I don't see how, see below for explanation)
This is the explanation in the book. But it don't wash.
1) The corp makes this money and gives it to employees as payment.
There is only a small amount in circulation. ANd this amount is
constant no matter if you outlaw the scrip use by non-employees.
So making it illegal for non-employees to use scrip really does not
change the overall pictures. If something is bought with the scrip
it really is no difference from this view whether it was employee or
non-employee. It all comes out in the wash.
2) By being extraterritorial corps. could use there scrip as a means
of exchange. Considering how corps. like to perform arbitrage this
would be another avenue where a corp. could clean up while also
providing another service. Look at the companies like AT&T with there
own credit departments. Abstract the thought to moneys and exchange
rates, OH, clean up time.
I am also trying to come up with a stock price and trade formula for
my campaign. The price of stocks can, within minutes, ascend to
ten times its value drop off the market then return to regular value,
so trading can be very quick and hard. The price of the stock really,
when talking about the second market (public), has nothing to do with
the net rating of the corp. It is totally dependent on supply and
demand in the market. So that is the problem in a nutshell. Where to
start? Suggestions? Something random starting with public reputation
and net rating as a good middle ground taking into accont number of
shares, series differentiation, etc.
Suggestions, Comments?
-- Quiktek
-- Todd Montgomery
tmont@****.wvu.edu
tmont@***.wvu.edu
un032507@*******.wvnet.edu
