[api_or_ipa]

Excellent examples. To push the point farther, the Dow Jones Industrial Index tracks a basket of 'best in breed' companies. With the exception of General Electric, every company listen in 1896 is no longer listed. That speaks nothing to the many that were listed and removed over the years. Big companies rise and fall, and we often forget the companies that fail all around us.

[shoo]

indeed, some of the companies listed on the dow jones index managed to run at a profit for one or more years.

[jackfrodo]

I don't quite understand. Why would they do that instead of just raise money from more investors?