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  1. M

    Pounding the desk for Goog

    > If the worlds P/E's are bleeding, what is to stop GOOG from bleeding with it They did bleed... a few months ago, their P/E was ~36. A year ago, it was probably almost 100. ;-) Personally, I don't know whether it's worth ~$250 or not. My next share will be somewhere around $192 (maybe...
  2. M

    Pounding the desk for Goog

    > The fact that GOOG has to resort to pumpers here should speak volumes to investors. Frankly, I suspect that Google's largest owners could care less what investors think or what their share price is. They're like Woz -- rich enough that they'll never have to care about money again, so they...
  3. M

    Pounding the desk for Goog

    > In this current market we have P/E's in the 1's and 2's, explain to me why in this environment GOOG is buy with a P/E at a 16? Basically, zero risk that Google won't continue as a going concern for the conceivable future. It has zero debt, positive cash flow, and asset-wise is one of the...
  4. M

    Black Monday

    Actually, in the case of companies that aren't dependent upon debt for their continued existence, with plenty of cash to meet their immediate and medium-term needs, there IS a limit to how far they can sustainably fall -- the salvage value of their assets sold at auction plus their cash...
  5. M

    Pounding the desk for Goog

    Can't say I have them in my phonebook, as much as I'd love to get invited to their parties and play Segway Polo with them on weekends ;-) In any case, Google's importance transcends the individuals who started it. Anyway, Android DOES have one strength over Windows Mobile -- it's not...
  6. M

    Pounding the desk for Goog

    Who's Larry Page?
  7. M

    Pounding the desk for Goog

    > can someone shed light on why android is the 2nc coming? They're like Microsoft -- they're big enough, and have enough consumer demand, to bully the carriers into not screwing with its capabilities in an effort to force customers into "value added revenue" services instead of just going...
  8. M

    Pounding the desk for Goog

    > They bought youtube and to the best of my knowledge it does not make them any money. Believe it or not, Google/Youtube DOES have a long-term business plan. See, the biggest problem small/independent producers have is getting copyright clearance for things like music and existing footage...
  9. M

    Reuters: General Motors board weighs bankruptcy option

    Here's an idea that could probably save their sales from being completely destroyed over warranty concerns... but they'd probably have to do it BEFORE declaring bankruptcy: 1) Start a new corporation whose purpose is to offer warranty coverage for GM cars. GM would own 100% of the shares, but...
  10. M

    Pounding the desk for Goog

    Actually, Google IS much, much more than a search engine (check out their experimental apps). If anything, they're the Bell Labs of the 21st Century, with no debt to speak of and boatloads of cash in the bank. I bought my first share for $256.16 (it's a programmer thing... most people...
  11. M

    Beginner Turmoil

    Oh god, no. The newbies aren't trading options. Just equities. But what I'm saying is that there are a lot of them, collectively injecting lots of new capital, but behaving as a group in ways that completely go against everything that's traditionally been known to be sane and rational. There...
  12. M

    Etrade "confident"..................

    eTrade deserves to go under, because there's absolutely NOTHING good you can say about them compared to their competitors: * Outrageously expensive $12.99 trades. Let's be honest... anyone with the cash and activity level to ever see their lower rates will be GONE and trading with someone...
  13. M

    Beginner Turmoil

    I'm not in any way, shape, or form even remotely pro, but from what I've read, for the moment at least, all bets are basically off. For experienced traders, everything they know isn't just temporarily wrong... it's misleading and dangerous. There's been a HUGE influx of new traders since last...
  14. M

    ES 771 is the bottom!

    Another possibility... the bull exited with a bang a few months ago, but the bear will tiptoe out with a yawn and whimper. Explanation: for the most part, as more and more people try getting into the current market to ride the volatility and figure out how the game now works, the highs are...
  15. M

    How does one intelligently hedge against the risk of a US Dollar collapse?

    Another point lots of people forget when it comes to the dollar: its status as the world's de-facto reference currency, and the fact that it explicitly ISN'T tied to anything like gold, so the Fed can print as much as it likes. In real terms, for the United States, this is LITERALLY tantamount...
  16. M

    How does one intelligently hedge against the risk of a US Dollar collapse?

    Also, one thing lots of people forget when they think of the metaphor of ancient Rome falling (as frequently happens when discussions of the Dollar and/or America come up)... there WASN'T really any one specific day when people woke up and said, "hey, the Roman Empire fell yesterday!" It just...
  17. M

    How does one intelligently hedge against the risk of a US Dollar collapse?

    In all honesty, I wouldn't lose too much sleep about the Dollar vs other currencies, other than making half an effort to diversify like I did where it's convenient and easy. The fact is, so many economies are so totally dependent upon the Dollar, it's almost not even worth BOTHERING to worry...
  18. M

    How does one intelligently hedge against the risk of a US Dollar collapse?

    Personally, I just made a minimal effort to buy shares of good dividend-paying companies in a couple of other countries on the theory that if the Dollar went down the toilet, we'd either take them down with us, or end up weaker than their currency (which would mean the dividends would translate...
  19. M

    Cheap + good way to buy TSE, SWX, or LSE stocks?

    Is there any straightforward, cheap and worthwhile way for American investors to buy stocks traded on TSE (Taiwan), SWX (Switzerland), or LSE (London) and AREN'T traded in the US as ADRs on a "real" exchange (NYSE/NASDAQ)? Examples: HTC (2498.TW) and Ciba (CIBN)? (for anyone who's...
  20. M

    Class A and Class B shares

    In the case of BRK.A and BRK.B, each "A" share is worth about 30x as much as a "B" share, and "B" shares have almost no voting rights. In the case of Royal Dutch Shell (RDS.A and RDS.B), the company was created from the merger of a British company and a Dutch company. The "A" share dividends...
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