Is today April 1st? This write-up has got to be some sort of joke, yes? For the past how many years have people been proud to wear the badge of being computer illiterate? Ask yourself, do you think that people 100 years ago walked around BRAGGING about not knowing anything about the tools they used? Do you hear people saying, "Oh, its ok officer, Im book illiterate, so its ok I went through that stop sign"
See, now is the time in your life where that thing called 'personal responsibility' comes in to play. Now, learn how to use a tool, or accept the fact that YOU are the incompetent one that needs a baby sitter just so you can backup your own files.
When is someone going to hand ZONK a clue stick? Doesnt it bother anyone at slashdot that he is single-handedly making the site look like a mouthpiece for paid shills?
No wonder his 'articles' get the lowest repsonses. Most people are probably blocking his 'submissions' by now.
Great! Now this would be a PERFECT time to introduce the american people to the concept of 'empathy'.
Perhaps, what you are feeling now is similar to what these people have been feeling.
Sure, you say you are not destroying anything. yet. Lets just subject you to the same ridicule for awhile, and push aside your feelings as 'overblown' and 'irrational'. How long until YOU lash out?
Its just a joke, they are only words. The people who write the joke(cartoon) dont really care what other people think. After all, its funny, right?
Those revelations will only come as a suprise to those who do not live in or near kokomo. Having lived in the state of Indiana for a few years longer than I would have liked, I cant see anything here that the local populace wouldnt VOLUNTARILY elect into a public office. The 'small town' life has many, MANY, many dark secrets to it. As far as I can see, this mayor is simply a mirror of the populace he represents.
Piece of advice, MOVE! Until you remove yourself from that atmosphere for an extended amount of time, you wont understand how much it is dragging you down.
Someone throws together a overused string of words, and its marked as insightful? Give me a break.
Parent, hasnt got the balls to put his money where his mouth is and actually DO something, its much easier to move a mouth.
I for one would LOVE to see the parent be 'true to their words', and throw their PC out the window, as most of the internal parts are made in CHINA! Start with the monitor, its more fun to destroy! Better get around to 'protesting', after all, it is your 'duty' as a man.
...Now that you realize you are just a mouthpiece, and echo chamber, for ideals that even YOU dont hold, can we get on to adressing our problems in a REALISTIC way, and not resort to catchy phrases that stir up emotion?
Ive been so sick of hearing about this 'group', so Im only going to say it one more time...
Where were all these people when the Church of Scientology used the US copyright laws to remove links from a search engine? This was done with US laws, and used to CENSOR the internet.
For your own viewing pleasure, the google search of "Xenu", the extra-galactic alien who is a central figure in the church's teaching, follows;
Xenu
Scroll down to the bottom of the page to see the 'details'
So, you do not meet the requirements because;
a) you make too MUCH money, or
b) your house is worth too MUCH money.
You can resent me all you want, it still doesnt change the fact that you are letting yourself get screwed by the system. And since you dont even mention the state that these requirements are for, you can hardly chide me for incomplete information. If you do not appreciate when people make judgements on incomplete information, then do not give them incomplete information.
Do you know WHY those rules are there for qualifying for the exemption? Let me give you an example that may or may not relate to you...
The limits that you do not qualify for are there because if you are over those limits, like yourself and father, then you have enjoyed a larger than median appreciation on the value of your property. And again, if you can not figure out how to make that work in your favor, instead of against, then yes you do need a tax professional and yes you do look like you were born yesterday.
The fact is, no matter how much you resent it, a market in real estate is largely based on one party being more informed than the other, and thus being able to make a profit off of that knowledge. Right now, you are the less informed party of that economic dance. You can not complain about high excessive taxes on one hand, and not follow through with the other hand to reap the benefits of your situation that put you into noticing those higher 'taxes'.
I dont know you personally, so this is nothing against you. Those are the cold hard facts of money that the world we live in operate with. And I am telling you that you, and your father, are getting screwed by not taking the opportunities available to you. Its up to you to figure out what to do about that. Nobody is going to 'play nice' and hold your hand as they explain to you about money. Personally, Id rather feel resentment at my own ignorance, and deal with that, than have a lighter wallet, but thats just me.
Or, you can take the easy way out, and remain ignorant to the world of money and pay your 'high taxes'.
This is why you are on slashdot, and not working in the real estate industry...
Many states have what is called a 'homestead exemption'. This allows a benefit to those who settle down in one place, as opposed to flipping houses every few years. Not all states have this exemption, and the time required to qualify varies. But if you are STILL paying the same amount in taxes as if you just moved into a house that you have been living in for over 10+ years you are horribly managing your personal finances.
Why dont you do your father a favor, and connect him with a tax professional so he doesnt get screwed paying taxes he doesnt need to? But hey, who am I to talk? Im sure the rest of the people in the town he lives in enjoys the smaller tax bills on their own property beacuse of the large amount of people who just dont know any better.
I bet you take the standard deduction on your income taxes too... itemize what? Its not my job to talk your father out of paying more than he has to in taxes... ITS YOURS!!!
A comedian once said there should be such a thing as a 'stupid tax'... Im not calling your father stupid, but if he is paying $7000 in taxes on a house he has lived in for 50+ years... well, lets just say that there is no reason to create a 'stupid tax'. Obviously, it already exists.
Actually, there is such a program. Its called Peercast, and you can read about it here.
Now the personal experience... When these guys first came out, they 'promised' to make the source code available. After many, many, MANY months I think they finally may have, but not before missing target dates. And not before pissing me off enough to make me think that the 'promise' was just bait to get more users. Eventually, I left, and stopped running the software. It may have grown since then, but something tells me the egos of the people who run that site have gotten in the way more than once.
You dont think any thought goes into these 'submissions' do you? Take a perusal through some of his other stories, and their horrible fact-checking. It should be obvious.
Then, do what most other slashdotters have done. Use your homepage preferences to remove this editor and the related 'stories' from your homepage. And then, like me, when you sign on at a computer that does not have your preference cookies you will see WHY you blocked him.
When I sign on anonymous from another location that doesnt have my login cookies cached, and hence my 'blocked editors', I see yet another 'article' from Zonk.
The problem is not slashdot, the problem is ZONK! I suggest to anyone to use the archives of slashdot and look over the 'articles' that this editor has published on the front page. His sole joy in life is posting the most outrageous falsehoods, or flat out editorialized biased article. What is suprising this time is that so many people actually commented on it, as it began to seem as if less and less people were paying this asshat any attention.
Either this guy is way to into the concept of treating people like puppets, or he really is that ignorant. Those are the only two options to the thought process displayed by what stories he normally posts. I just wonder how long its gonna take before someone looks over the ad revenues on slashdot and sees the 20% decline in page views, and connects it with this editor.
It was this single editor that made me learn about the 'display editor' options in my slashdot homepage. You have NO IDEA how much better slashdot is with just that SINGLE editors stories blocked. I just stopped coming here before I saw that option, it wasnt even funny watching the things he posts, it was just pathetic.
I dont think it missed the point at all. The parent poster was addressing the P/E ratios of GOOG compared to MSFT. And then proceeded to continue the subject line of 'goog is a bubble'.
While you have very valid questions, the fact that they remain questions still and you havent found the answers to those is exactly the point I am addressing. Making financial decisions on limited information. You have not made the same mistake as the parent, being that you have not invested in GOOG because you are fully aware that you dont have all of the information to make that decision.
Claiming that yahoo and google maps are equivalent simply show the depth to which you use them. To map an address, sure road maps are road maps. But you tell me what commercial mapping services Yahoo has that are equivalent to GoogleEarth. There are none. GoogleEarth is a MASSIVE cash cow, and the numbers have not yet hit the quartely reports, and since GOOG does not issue quarterly guidance, its going to be quite a suprise. Countless companies in the real estate, finance, news, and commercial development sectors are using google earth every day with a corporate level of service, and are paying a premium price for those services.
Claiming Google is only slightly better in searching that Yahoo also shows the lack of depth of that service that you use. While a simple search of 'breast cancer' will probably yield similar results in both search engines, the depth of tools available when using google is simply orders of magnitude larger. Entire books have been written recently with the solitary subject of 'google hacking'. The basic idea is that goog is indexing MUCH larger databases of information than simply indexing pages. Yahoo does almost NOTHING to integrate its technology with developers, where as GOOG has many available API's available for developers to work with.
Where are they going to grow? It should be obvious to even the casual market observer what the answer is... EVERYWHERE. This week Google recently acquired a terrestrial radio advertiser. Google earth is version 1.0. There will be a 2.0, 3.0, etc... each offering something that you might have though impossible before. So is it worth 2.5 the market cap of Yahoo? Yes. Not only that I believe is has plenty of support above the current share price.
So, yes, you should not regret the fact that you did not purchase at the IPO. You did not have a full sphere of information to 'pull the trigger' on that stock purchase. I can tell you for certain, that you will see google at over $1000 in the not too distant future of the year 2006. I can also tell you that you will not see a stock split, ever. The issuance of the stubs to the general public are not intended the same way as yahoo, it is a completely different model of financing. They are not interested in the window dressing of a 'stock split', it does nothing to the bottom line. The only thing it will do is increase exposure of the stock and make it 'affordable' to a larger share of the public. Again, be aware that this is not or ever has been the behavior that google has exhibited in their financial affairs.
What they are attempting to do is not 'grow in the marketplace', what they are trying to do is control the stage that that marketplace operates on. And many people simply never see that, or if they do, dont believe it is possible to do.
I am glad I bought google shortly after the IPO($115/share). I have continued to add to the position since, with the last significant addition being when it paused its uptrend around $300($298), and will add again this week after the general market trends of disapointing earnings results settle into a short term low.
Buy two shares if you are doubtful, hold it for 6 months. You will not loose your money over the long term. GOOG is not going bankrupt, and you will not see a 'secondary' offering. You may see another class of shares issued, but it will have no financial dilution on any other class of shares.
High prices? Why is $400 a high price? Is it because YOU dont have $400 dollars to invest in a single share?
Dont apply your personal experience to the world in general, it gives you a false perception of reality.
After all the price of a single share of stock can be more than you might make in 2 years, if $400 is something you consider 'high'... is $1000/share high, how about $2000/share? how about this stock? Why do you think the price alone matters?
Warren Buffet Has some ideas why companies should NOT split their stock. Splitting a stock does NOTHING to the fundamentals of a stock. What it does do is keep people who think $400 dollars is high from investing in that company. Which, being that you make decisions based on the price alone and how 'high' it is, ends up being a good thing for the REST of the shareholders who DONT invest with such lacking amounts of information.
What is the TTM P/E of GOOG compared to the TTM of microsoft? What is the yoy revenue growth of GOOG compared to MSFT? If $1 is invested in GOOG compared to $1 in MSFT, what is the expected ROI?
P/E is a number, thats it. If you dont look at the WHOLE picture, you really have no idea what you are talking about, which is quite obvious. After all, you quote from a yahoo finance board. A place where they so routinely use the 'negative P/E' that one has to wonder the level of education of people who use yahoo to garner any sort of financial information. There is no such thing as 'negative earnings', it is called a LOSS, or Price/Loss, which is really a quite meaningless ratio. But people still look at that number because yahoo puts it up there, and those people dont have a clue as to the underlying terminology of the market to know any better.
If I give you a chioce of two locations to stay in for one month, which would you choose? The location that is 75 degrees, or the one that is 32 degrees? Oh, and I will wait, until after you make your decision, to tell you that the location that is 75 degrees is 200ft below the surface of the water, and the one that is 32 is located in a resort hotel with an outdoor hottub. But since your decision wont be based on any of that 'extra' information, your choice will immediately KILL YOU in a few minutes without the ability to breathe. But at least the watery grave will be a comfortable 75 degrees.
Now do you see the pitfalls of making decisions, and drawing conclusions, on ONE piece of information?
Oh, well. hopefully you enrolled in ECON201 this semester.
Just the usual level of quality from Zonk. This guy has about as much clue as to the political world as a 2-year old has to quantum mechanics. But that doesnt stop him from pretending to know what hes talking about by interjecting his 'opinoins'.
Again, you can select which editors you want to see stories from, and which editors you dont want to see stories from by changing your preferences in slashdot.
Personally, it makes an enormous difference in the perception of this site for me to have this guy, and his ranting stories blocked. Every few months I sign on without my username, and hence preferences, just to see if anything has changed. Guess what, it hasnt. Some days the whole front page is full of this guy. It really is sad to see slashdot sliding down the slope to being 'de-bookmarked' simply because one editor posts fact omiting 'stories(opinions)' for days on end.
SO many have complained, and Ive written the above suggestion about 'editing editors' so many times that Im thinking of just adding it to my sig...
Enjoy
Using windows you might not know this, but it is very trivial to spoof network addresses. Suddenly, your remote network access that is blocked is nullified by the packet stuffed with code 'coming from' 127.0.0.1
Reading this little article, and listening to the related podcast, was simply the last straw for me. The ONLY reason I kept a windows machine around was to play SimCity. Now, that Im older and making more money, Im simply ditching windows on EVERY single network computer I own. The only one will be the one used to play sim city, thats all. No network connection at all.
Yes, Zonk fell for it. As he has before, and unless someone with a brain removes his editor stauts, he will again.
One has to wonder how he was picked as editor, as he certainly does not represent the community in any way. It was laughable when he was new, but now when the whole slashdot frontpage is full of his 'stories' its just sad. Its not that I disagree with him, that wouldnt be an issue. The problem is that there is ZERO fact checking, and MASSIVE rewording of stories, so much as to make it sound like a completely different thing is going on. And that leads me to the conclusion that this guy is just a paid shill for someone.
Try blocking his stories in your slashdot preferences. You can select which editors do and do not show up on your user page. I cant tell you how much of a difference it makes in the quality of slashdot by just removing that ONE editor
Will somebody please remove this guy from having the ability to post stories to slashdot? Yes, I already have his stories blocked, and I wonder how many others are doing the same.
The stories are always slanted FAR away from the reality of what was said, and many times are flat out LIES! I first thought it could have been a mistake, but time has shown that this editor does not represent the community in ANY way whatsoever! This is pathetic! Im not going to waste time digging through all the previous examples of this editor, anyone can search this out in the slashdot archives.
I wonder how many people have simply stopped coming here since he became an editor? I know my own visits have declined greatly for that exact reason. And I can see that the level of posts has also trailed off noticably. Slashdot makes money by advertising, so how long is it going to take before the owners notice that ONE person is causing you to lose MONEY!
Of course it is older than that! All you have to do is simply read the editor that posted the story - Zonk.
Its obvious that there is ZERO fact checking or followup, and this guy just posts articles that could be completely wrong or incomplete without a care in the world.
Every time I browse to slashdot and dont have zonk blocked under my preferences, I see some story that is horribly written. Which only confirms the reason that he was placed on that 'do-no-display' list in the first place.
Lets face it, if you are an editor on slashdot, and you dont notice that you just posted something that claims 'intel inside' is a TEN year old slogan, then perhaps you are not qualified to be an editor here.
Not to be demeaning, but it is pathetic. In the real sense of the word. Try this, do a search for 'zonk' on slashdot. It may clear some things up for you. Suffice it to say, he does not have many fans. I would be curious to see how many users have his contributions blocked.
The fact that life has evolved to its current state and is flourishing is a statistical anomoly.
You DO realize that you have a sample size of ONE, right? There is only one earth to look at. Where, oh where did you think using the world 'statistical anomoly' would help your cause. Do you even know what the study of statistics is? Or were you simply being an echo chamber for what everyone else has told you to be true?
THIS is why I deplore religion, and religious 'thinking'. There is no such thing as the boogy monster. And dont go telling me to leave your beliefs out of it if I dont agree with you. The fact of the matter is that I, along with everyone else, will have to deal with the people who believe this line of 'reasoning'. And most of those people will look right over the facts of a situation and go with the 'moral' thing to do. Which in most cases will end up causing injury or death from not seeing the realities of a given situation.
How does NOT teaching someone your beliefs prohibit the exercise of your beliefs? Are you saying that your belief tells you that those that dont believe as you are less than you?
If you believe in imaginary gods, how does NOT teaching me about your imaginary gods prohibit you from exercising your religion? It doesnt, unless of course you are in some sort of world domination cult.
Slashdot Mirror
Is today April 1st? This write-up has got to be some sort of joke, yes? For the past how many years have people been proud to wear the badge of being computer illiterate? Ask yourself, do you think that people 100 years ago walked around BRAGGING about not knowing anything about the tools they used? Do you hear people saying, "Oh, its ok officer, Im book illiterate, so its ok I went through that stop sign"
See, now is the time in your life where that thing called 'personal responsibility' comes in to play. Now, learn how to use a tool, or accept the fact that YOU are the incompetent one that needs a baby sitter just so you can backup your own files.
You want to fix the problem? YOU ARE THE PROBLEM.
Damn!
When is someone going to hand ZONK a clue stick? Doesnt it bother anyone at slashdot that he is single-handedly making the site look like a mouthpiece for paid shills?
No wonder his 'articles' get the lowest repsonses. Most people are probably blocking his 'submissions' by now.
Isnt it funny how a lack of information makes you look like a total fool?
Maybe everyone is 'suddenly' referring to google as GOOG because that is the NASDAQ symbol under which they are traded GOOG
Now, go away. Or I shall taunt you a second time!
Great! Now this would be a PERFECT time to introduce the american people to the concept of 'empathy'.
Perhaps, what you are feeling now is similar to what these people have been feeling.
Sure, you say you are not destroying anything. yet. Lets just subject you to the same ridicule for awhile, and push aside your feelings as 'overblown' and 'irrational'. How long until YOU lash out? Its just a joke, they are only words. The people who write the joke(cartoon) dont really care what other people think. After all, its funny, right?
Those revelations will only come as a suprise to those who do not live in or near kokomo. Having lived in the state of Indiana for a few years longer than I would have liked, I cant see anything here that the local populace wouldnt VOLUNTARILY elect into a public office. The 'small town' life has many, MANY, many dark secrets to it. As far as I can see, this mayor is simply a mirror of the populace he represents.
Piece of advice, MOVE! Until you remove yourself from that atmosphere for an extended amount of time, you wont understand how much it is dragging you down.
Insightful?
Someone throws together a overused string of words, and its marked as insightful? Give me a break.
Parent, hasnt got the balls to put his money where his mouth is and actually DO something, its much easier to move a mouth.
I for one would LOVE to see the parent be 'true to their words', and throw their PC out the window, as most of the internal parts are made in CHINA! Start with the monitor, its more fun to destroy! Better get around to 'protesting', after all, it is your 'duty' as a man.
...Now that you realize you are just a mouthpiece, and echo chamber, for ideals that even YOU dont hold, can we get on to adressing our problems in a REALISTIC way, and not resort to catchy phrases that stir up emotion?
Ive been so sick of hearing about this 'group', so Im only going to say it one more time...
Where were all these people when the Church of Scientology used the US copyright laws to remove links from a search engine? This was done with US laws, and used to CENSOR the internet.
For your own viewing pleasure, the google search of "Xenu", the extra-galactic alien who is a central figure in the church's teaching, follows;
Xenu Scroll down to the bottom of the page to see the 'details'
So, you do not meet the requirements because; a) you make too MUCH money, or b) your house is worth too MUCH money. You can resent me all you want, it still doesnt change the fact that you are letting yourself get screwed by the system. And since you dont even mention the state that these requirements are for, you can hardly chide me for incomplete information. If you do not appreciate when people make judgements on incomplete information, then do not give them incomplete information.
Do you know WHY those rules are there for qualifying for the exemption? Let me give you an example that may or may not relate to you...
The limits that you do not qualify for are there because if you are over those limits, like yourself and father, then you have enjoyed a larger than median appreciation on the value of your property. And again, if you can not figure out how to make that work in your favor, instead of against, then yes you do need a tax professional and yes you do look like you were born yesterday.
The fact is, no matter how much you resent it, a market in real estate is largely based on one party being more informed than the other, and thus being able to make a profit off of that knowledge. Right now, you are the less informed party of that economic dance. You can not complain about high excessive taxes on one hand, and not follow through with the other hand to reap the benefits of your situation that put you into noticing those higher 'taxes'.
I dont know you personally, so this is nothing against you. Those are the cold hard facts of money that the world we live in operate with. And I am telling you that you, and your father, are getting screwed by not taking the opportunities available to you. Its up to you to figure out what to do about that. Nobody is going to 'play nice' and hold your hand as they explain to you about money. Personally, Id rather feel resentment at my own ignorance, and deal with that, than have a lighter wallet, but thats just me.
Or, you can take the easy way out, and remain ignorant to the world of money and pay your 'high taxes'.
This is why you are on slashdot, and not working in the real estate industry...
Many states have what is called a 'homestead exemption'. This allows a benefit to those who settle down in one place, as opposed to flipping houses every few years. Not all states have this exemption, and the time required to qualify varies. But if you are STILL paying the same amount in taxes as if you just moved into a house that you have been living in for over 10+ years you are horribly managing your personal finances.
Why dont you do your father a favor, and connect him with a tax professional so he doesnt get screwed paying taxes he doesnt need to? But hey, who am I to talk? Im sure the rest of the people in the town he lives in enjoys the smaller tax bills on their own property beacuse of the large amount of people who just dont know any better.
I bet you take the standard deduction on your income taxes too... itemize what? Its not my job to talk your father out of paying more than he has to in taxes... ITS YOURS!!!
A comedian once said there should be such a thing as a 'stupid tax'... Im not calling your father stupid, but if he is paying $7000 in taxes on a house he has lived in for 50+ years... well, lets just say that there is no reason to create a 'stupid tax'. Obviously, it already exists.
Actually, there is such a program. Its called Peercast, and you can read about it here.
Now the personal experience... When these guys first came out, they 'promised' to make the source code available. After many, many, MANY months I think they finally may have, but not before missing target dates. And not before pissing me off enough to make me think that the 'promise' was just bait to get more users. Eventually, I left, and stopped running the software. It may have grown since then, but something tells me the egos of the people who run that site have gotten in the way more than once.
You dont think any thought goes into these 'submissions' do you? Take a perusal through some of his other stories, and their horrible fact-checking. It should be obvious.
Then, do what most other slashdotters have done. Use your homepage preferences to remove this editor and the related 'stories' from your homepage. And then, like me, when you sign on at a computer that does not have your preference cookies you will see WHY you blocked him.
At first its funny, then its just sad.
Every Time! Every Time!!!!
When I sign on anonymous from another location that doesnt have my login cookies cached, and hence my 'blocked editors', I see yet another 'article' from Zonk.
The problem is not slashdot, the problem is ZONK! I suggest to anyone to use the archives of slashdot and look over the 'articles' that this editor has published on the front page. His sole joy in life is posting the most outrageous falsehoods, or flat out editorialized biased article. What is suprising this time is that so many people actually commented on it, as it began to seem as if less and less people were paying this asshat any attention.
Either this guy is way to into the concept of treating people like puppets, or he really is that ignorant. Those are the only two options to the thought process displayed by what stories he normally posts. I just wonder how long its gonna take before someone looks over the ad revenues on slashdot and sees the 20% decline in page views, and connects it with this editor.
It was this single editor that made me learn about the 'display editor' options in my slashdot homepage. You have NO IDEA how much better slashdot is with just that SINGLE editors stories blocked. I just stopped coming here before I saw that option, it wasnt even funny watching the things he posts, it was just pathetic.
I dont think it missed the point at all. The parent poster was addressing the P/E ratios of GOOG compared to MSFT. And then proceeded to continue the subject line of 'goog is a bubble'.
While you have very valid questions, the fact that they remain questions still and you havent found the answers to those is exactly the point I am addressing. Making financial decisions on limited information. You have not made the same mistake as the parent, being that you have not invested in GOOG because you are fully aware that you dont have all of the information to make that decision.
Claiming that yahoo and google maps are equivalent simply show the depth to which you use them. To map an address, sure road maps are road maps. But you tell me what commercial mapping services Yahoo has that are equivalent to GoogleEarth. There are none. GoogleEarth is a MASSIVE cash cow, and the numbers have not yet hit the quartely reports, and since GOOG does not issue quarterly guidance, its going to be quite a suprise. Countless companies in the real estate, finance, news, and commercial development sectors are using google earth every day with a corporate level of service, and are paying a premium price for those services.
Claiming Google is only slightly better in searching that Yahoo also shows the lack of depth of that service that you use. While a simple search of 'breast cancer' will probably yield similar results in both search engines, the depth of tools available when using google is simply orders of magnitude larger. Entire books have been written recently with the solitary subject of 'google hacking'. The basic idea is that goog is indexing MUCH larger databases of information than simply indexing pages. Yahoo does almost NOTHING to integrate its technology with developers, where as GOOG has many available API's available for developers to work with.
Where are they going to grow? It should be obvious to even the casual market observer what the answer is... EVERYWHERE. This week Google recently acquired a terrestrial radio advertiser. Google earth is version 1.0. There will be a 2.0, 3.0, etc... each offering something that you might have though impossible before. So is it worth 2.5 the market cap of Yahoo? Yes. Not only that I believe is has plenty of support above the current share price.
So, yes, you should not regret the fact that you did not purchase at the IPO. You did not have a full sphere of information to 'pull the trigger' on that stock purchase. I can tell you for certain, that you will see google at over $1000 in the not too distant future of the year 2006. I can also tell you that you will not see a stock split, ever. The issuance of the stubs to the general public are not intended the same way as yahoo, it is a completely different model of financing. They are not interested in the window dressing of a 'stock split', it does nothing to the bottom line. The only thing it will do is increase exposure of the stock and make it 'affordable' to a larger share of the public. Again, be aware that this is not or ever has been the behavior that google has exhibited in their financial affairs.
What they are attempting to do is not 'grow in the marketplace', what they are trying to do is control the stage that that marketplace operates on. And many people simply never see that, or if they do, dont believe it is possible to do.
I am glad I bought google shortly after the IPO($115/share). I have continued to add to the position since, with the last significant addition being when it paused its uptrend around $300($298), and will add again this week after the general market trends of disapointing earnings results settle into a short term low.
Buy two shares if you are doubtful, hold it for 6 months. You will not loose your money over the long term. GOOG is not going bankrupt, and you will not see a 'secondary' offering. You may see another class of shares issued, but it will have no financial dilution on any other class of shares.
High prices? Why is $400 a high price? Is it because YOU dont have $400 dollars to invest in a single share?
Dont apply your personal experience to the world in general, it gives you a false perception of reality.
After all the price of a single share of stock can be more than you might make in 2 years, if $400 is something you consider 'high'... is $1000/share high, how about $2000/share? how about this stock? Why do you think the price alone matters?
Warren Buffet Has some ideas why companies should NOT split their stock. Splitting a stock does NOTHING to the fundamentals of a stock. What it does do is keep people who think $400 dollars is high from investing in that company. Which, being that you make decisions based on the price alone and how 'high' it is, ends up being a good thing for the REST of the shareholders who DONT invest with such lacking amounts of information.
You have got to be kidding, right?
What is the TTM P/E of GOOG compared to the TTM of microsoft? What is the yoy revenue growth of GOOG compared to MSFT? If $1 is invested in GOOG compared to $1 in MSFT, what is the expected ROI?
P/E is a number, thats it. If you dont look at the WHOLE picture, you really have no idea what you are talking about, which is quite obvious. After all, you quote from a yahoo finance board. A place where they so routinely use the 'negative P/E' that one has to wonder the level of education of people who use yahoo to garner any sort of financial information. There is no such thing as 'negative earnings', it is called a LOSS, or Price/Loss, which is really a quite meaningless ratio. But people still look at that number because yahoo puts it up there, and those people dont have a clue as to the underlying terminology of the market to know any better.
If I give you a chioce of two locations to stay in for one month, which would you choose? The location that is 75 degrees, or the one that is 32 degrees? Oh, and I will wait, until after you make your decision, to tell you that the location that is 75 degrees is 200ft below the surface of the water, and the one that is 32 is located in a resort hotel with an outdoor hottub. But since your decision wont be based on any of that 'extra' information, your choice will immediately KILL YOU in a few minutes without the ability to breathe. But at least the watery grave will be a comfortable 75 degrees.
Now do you see the pitfalls of making decisions, and drawing conclusions, on ONE piece of information?
Oh, well. hopefully you enrolled in ECON201 this semester.
Just the usual level of quality from Zonk. This guy has about as much clue as to the political world as a 2-year old has to quantum mechanics. But that doesnt stop him from pretending to know what hes talking about by interjecting his 'opinoins'.
Again, you can select which editors you want to see stories from, and which editors you dont want to see stories from by changing your preferences in slashdot.
Personally, it makes an enormous difference in the perception of this site for me to have this guy, and his ranting stories blocked. Every few months I sign on without my username, and hence preferences, just to see if anything has changed. Guess what, it hasnt. Some days the whole front page is full of this guy. It really is sad to see slashdot sliding down the slope to being 'de-bookmarked' simply because one editor posts fact omiting 'stories(opinions)' for days on end.
SO many have complained, and Ive written the above suggestion about 'editing editors' so many times that Im thinking of just adding it to my sig... Enjoy
Good, be sure to blank your passwords tonight...
Using windows you might not know this, but it is very trivial to spoof network addresses. Suddenly, your remote network access that is blocked is nullified by the packet stuffed with code 'coming from' 127.0.0.1
Reading this little article, and listening to the related podcast, was simply the last straw for me. The ONLY reason I kept a windows machine around was to play SimCity. Now, that Im older and making more money, Im simply ditching windows on EVERY single network computer I own. The only one will be the one used to play sim city, thats all. No network connection at all.
Yep, you are missing something. The editor who poasted the story is Zonk. Enough said.
F.Y.I.
You can block editors from showing up on your homepage by de-selecting them in your preferences.
Hey, the joliet school system is crap. At least use the neighboring Plainfield school system as a reference, its crap too, but not as bad as joliets ;)
Even though, a good part of the city limits of joliet are actually in the plainfield school district... but thats another story...
Yes, Zonk fell for it. As he has before, and unless someone with a brain removes his editor stauts, he will again.
One has to wonder how he was picked as editor, as he certainly does not represent the community in any way. It was laughable when he was new, but now when the whole slashdot frontpage is full of his 'stories' its just sad. Its not that I disagree with him, that wouldnt be an issue. The problem is that there is ZERO fact checking, and MASSIVE rewording of stories, so much as to make it sound like a completely different thing is going on. And that leads me to the conclusion that this guy is just a paid shill for someone.
Try blocking his stories in your slashdot preferences. You can select which editors do and do not show up on your user page. I cant tell you how much of a difference it makes in the quality of slashdot by just removing that ONE editor
Just the tried and true one...
Let Zonk 'write' the story
Will somebody please remove this guy from having the ability to post stories to slashdot? Yes, I already have his stories blocked, and I wonder how many others are doing the same.
The stories are always slanted FAR away from the reality of what was said, and many times are flat out LIES! I first thought it could have been a mistake, but time has shown that this editor does not represent the community in ANY way whatsoever! This is pathetic! Im not going to waste time digging through all the previous examples of this editor, anyone can search this out in the slashdot archives.
I wonder how many people have simply stopped coming here since he became an editor? I know my own visits have declined greatly for that exact reason. And I can see that the level of posts has also trailed off noticably. Slashdot makes money by advertising, so how long is it going to take before the owners notice that ONE person is causing you to lose MONEY!
Of course it is older than that! All you have to do is simply read the editor that posted the story - Zonk.
Its obvious that there is ZERO fact checking or followup, and this guy just posts articles that could be completely wrong or incomplete without a care in the world.
Every time I browse to slashdot and dont have zonk blocked under my preferences, I see some story that is horribly written. Which only confirms the reason that he was placed on that 'do-no-display' list in the first place.
Lets face it, if you are an editor on slashdot, and you dont notice that you just posted something that claims 'intel inside' is a TEN year old slogan, then perhaps you are not qualified to be an editor here.
Not to be demeaning, but it is pathetic. In the real sense of the word. Try this, do a search for 'zonk' on slashdot. It may clear some things up for you. Suffice it to say, he does not have many fans. I would be curious to see how many users have his contributions blocked.
You DO realize that you have a sample size of ONE, right? There is only one earth to look at. Where, oh where did you think using the world 'statistical anomoly' would help your cause. Do you even know what the study of statistics is? Or were you simply being an echo chamber for what everyone else has told you to be true?
THIS is why I deplore religion, and religious 'thinking'. There is no such thing as the boogy monster. And dont go telling me to leave your beliefs out of it if I dont agree with you. The fact of the matter is that I, along with everyone else, will have to deal with the people who believe this line of 'reasoning'. And most of those people will look right over the facts of a situation and go with the 'moral' thing to do. Which in most cases will end up causing injury or death from not seeing the realities of a given situation.
Yes. Enough said. Now shut up.
How does NOT teaching someone your beliefs prohibit the exercise of your beliefs? Are you saying that your belief tells you that those that dont believe as you are less than you?
If you believe in imaginary gods, how does NOT teaching me about your imaginary gods prohibit you from exercising your religion? It doesnt, unless of course you are in some sort of world domination cult.
Are You?