Or did a few years back when I lived down there. Hey - do they still use the two cable system? I've never seen such a piece of shite in my life! Two cables for 1/2 the reception quality.
There is a level at which greed takes over common sense. Common sense will tell most reasonable people that Yahoo! stock isn't worth $100 a share, but that didn't stop all those idiots from snapping it up over that price.
Does anyone here realize how long it would take Yahoo! to even come close to paying a dividend that would compensate that insanity? Ultimately, a company whose stock goes through the roof on IPO has to figure out how to make a quick buck instead of slow, even growth (which is generally better for the long haul).
It's not a question of whether the company is looking out for their shareholders Derek. It's a question of whether the perceived value of the stock destroys a company trying to live up to it's worth.
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Or did a few years back when I lived down there. Hey - do they still use the two cable system? I've never seen such a piece of shite in my life! Two cables for 1/2 the reception quality.
There is a level at which greed takes over common sense. Common sense will tell most reasonable people that Yahoo! stock isn't worth $100 a share, but that didn't stop all those idiots from snapping it up over that price.
Does anyone here realize how long it would take Yahoo! to even come close to paying a dividend that would compensate that insanity? Ultimately, a company whose stock goes through the roof on IPO has to figure out how to make a quick buck instead of slow, even growth (which is generally better for the long haul).
It's not a question of whether the company is looking out for their shareholders Derek. It's a question of whether the perceived value of the stock destroys a company trying to live up to it's worth.