taoster
Headphoneus Supremus
- Joined
- Dec 12, 2001
- Posts
- 1,869
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- 12
i too feel the pain.. i feel like i am back to square one.
Originally posted by jopi the stock market has outperformed in the long term any other type of investment in the history of mankind |
easy come, easy go! |
Originally posted by andrzejpw Lol, of course not! I remember a stock market game we did at school. . . from $100000 we made over 200000! We're going through a MAJOR shakeout now. It will end, imho. When? Who knows? Roll some dice. Those will give you a better estimate than I can. |
Originally posted by ai0tron Well, I think the stock market is ********. Some numbers go twidle on a big screen in wal-street, and BAM your ****ed. Just like that. No questions asked, no way to stop it, just BAM, you are suddenly royaly ****ed. Luckily, I'm to poor to invest. However I must say with how low tech stocks are now I should probably buy some. |
Originally posted by kelly .....I saw a lot of great companies fail during the "dot com explosion" because investor funds were diverted from good ideas and exections to flashy web-based ideas.... |
Originally posted by DarkAngel The problem is this bear market slaughter has decimated the biggest companies in the world, companies with real assets and earnings... |
Originally posted by MirandaX The real problem is that many of the companies you mention never had any real earnings (Cisco, EMC, etc.). People say that Microsoft has more than 40 billion in cash, but much of that is accounting bullsh*t. I don't understand why the press never pressed these companies on any of this... It's confusing, but the core issues are so, so simple... Let's say I'm penniless today, but I convince the bank to lend me $1 million. I'm still penniless, since I have $1 mil but owe $1 mil. But if I convince my landlord to accept warrants to pay the rent on my new house, or convince someone to give me $1 mil in exchange for stock options, I've suddenly moved my loan off my balance sheet, and my net worth is now +$1 mil in cash. Great earnings news. But I haven't done anything! And worse, I may very well owe more than $1 million depending on what my warrants/options are worth in the future -- I now have unlimited liability. MSFT, etc. have been playing these kinds of games for years. Had they accounted for options expenses, it's hard to say whether they would have been making any real money, even in the late '90's boom. As always, buyer beware... I'll admit I got suckered by Microsoft, but there's no way I'll be suckered again. |
Originally posted by kwkarth I would prefer that you not lump INTC in with these other's thank you. Intel has always been totally above board in accounting practices and has real earnings & assets, etc to show for it. |