COLVIN: ...Now of the 20 or so stocks in your portfolio now, who do you really like?
HAGSTROM: Well, one of our favorite stocks is InterActiveCorp, the old USA Interactive.
COLVIN: Barry Diller's company.
HAGSTROM: Yeah, Barry Diller's company. It's an Internet service provider for travel, hotels and things like that. And we're very keen on the Internet service providers as a whole, because their business models are just fantastic, high cash returns, triple digit return on invested capital business models, and global opportunities. These are $20, $30 billion companies that can get three, four, five times bigger from here.
One can also look, much more simply, at cashflow solely as the increase in cash and marketable securities.
It's up over a billion dollars year over year.
Seems to match the earnings + adding back non-cash expenses way of doing it.
<<Besides the fantastic company, we have Diller one of the best CEO's of all time: Paramount, NBC, HSN, USAI. He is the other single biggest reason to own this stock. To suggest that he is a crook is insane, billionaires need to steal? You also have to love a CEO that has the candor to say his stock may be slightly overvalued.>>
LOL!! You have much to learn, kiddo. Stay tuned on IACI. '04 should be a real "doozy" :)
Biggots such as yourself, usually have limited intelligence. Besides the fantastic company, we have Diller one of the best CEO's of all time: Paramount, NBC, HSN, USAI. He is the other single biggest reason to own this stock. To suggest that he is a crook is insane, billionaires need to steal? You also have to love a CEO that has the candor to say his stock may be slightly overvalued.
Hey its one big happy family here today!
Well once again Good Luck to All. Did have alittle luck myself on yesterday NOK run. Probably gonna dump it now, seems to have had its day in the sun.
welcome back onthejob (aka pleasekickme)! just in case you missed my previous post...
<<Short some more Reza.....show us how it's done.....
We'll watch and learn from you just like we did from the long lost onthejob.
"where, oh were has our onthejob gone....oh where, oh where can he be...."
"we watched and learned as he shorted our stock.....oh where oh were can he be...." >>
We didnt think you'd be back since you were the laughing stock of the EXPE board.....But I am glad you are back.....you left quite a void and there has been a real lack of cocky shorts to kick around......
<<Hi OnTheJob -- we thought you went away!
Are you back to breakeven yet on your short position? (I don't intend for that to be a dig--I am honestly curious.)>>
Hi jeff! Nope...not breakeven on the '04 puts. I'm actually DOWN on them. That's o.k. though, 'cause I know where they'll end up in the end :) Should be a nice chunk of change.