shack , remind us the next time we're in port and we'll lade some Jameson for you ...
we still have a lot a sailing ahead of us and grog supplies need to be maintained .. .g
perusing the site , i came across this .. don't know if it's new or not .. just wondering if this wasn't part
of the recent patent purchases ..
seems like this is a necessary interface for an MD on silicon to be used in a larger device , such as a
cell phone or tablet ..
any thoughts ?
pretty obvious that the debt is there as the result of borrowing to buy back stocks ..that's why the debt is
there .. some amount of this makes sense , in the light of very low borrowing costs , but it seems that
IBM got out of balance ..
back in the late 80's / early 90's , IBM borrowed heavily to support a very large dividend (as high as 10% !!)
that only made matters worse .
I see the same being true with the insidious program of borrowing massively to buyback stocks . IBM stayed
at the party way too long ..
This points out the folly of having a salesperson at the top (and favoring same in the top ranks) .. they
just don't have total business ..
A sharp person (like LG) would have begun to prepare IBM for these times , by finding other uses
for cash and cheap debt .. like buy or start a few companies as wholly owned susidiaries that
could either grow or be sold off ..
With the explosive penetration of computing to everything that we know , IBM stay far too focused and
rode that horse far too long
Now , it's catchup .. if IBM hadn't been so crazily concerned with maintaining only high margin businesses,
they could have put a lot of capital to work building other lines of business that would maintain
stable revs/earnigs , though at lower margins , but better long term health .. garce
Obama is an abomination ... hell , look at what FDR did with an economic mess .... TVA / Hoover Dam /
CCC / WPA and a host of other projects ..
bear in mind , that during the GD , the rest of the world was in the tank also , much of what led to the GD was
US policy of isolationism , yet FDR's admin did the right things ..
All Obama can do , is mutter executive action/decree , but on the wrong stuff .. he could issue an executive
decree for the govt to make jobs , thus putting some spending power back in middle class pockets ,
yet he seems numb to the idea ..
Such projects are not frivolous or "make work" things .. Most of the initiatives of FDR admin , put things
in place for future economic booms ... In the 30's there was no pressing need for more electric power ,
about 1/3 of the US was doing okay without it (hence the REA) ... but massive projects were built and
then in place for much of the post war boom .... garce
if you've ever been out of the house , like to a job , you should know that there is a very very fine
line between confidence and utter stupidity ...
if i'm not mistaken , Ken Lay owned boatload of Enron stock .. .
au contraire , they already covered what they wanted ... now they'll load up for another round of shorting ..
there's no reason for this stock to move at all , up or down ... short and cover short and cover rinse and repeat
clowns to the left me , jokers on the right .. poor guy seems to be stuck in the middle ..
just a comment on that debt level ... VZ's service cost for that debt is about 1/3 of
what it was 10 years ago ...
also ... IF IF IF we ever get that inflation , then VZ and rest of the companies carrying
large debt loads , will have cheap dollars to pay'em off ...
i guess that you just came out from under that rock ..
i'll bring you up to speed .. VZ bought VOD's 45% of VZW and had to issue debt for the deal ...
i'll let you do the math on the revenue stream coming in from that deal .... g
ok .. my analysis tells me that the S&P will be acting just like all other indices .. up and down up and down
up and down .. rinse and repeat ...
no low volume record today ... no cream in my coffee either ..
i gotta get out more ..
too cold to fish the reservoir and not cold enough for ice .. it's that
"tween time , going to the res on Monday anyway .. 1 week left to
try for a decent brown , after that , it's auger and jigs .. g
alaska ... lol ... i see that the website is no longer in use ..
try google ...
or just stay away ... I fiddled around with this thing for a few years and finally got the
hell out ... .i thought that they had promise with the fuel , Big splash with Garry going to
Washington DC ... groundbreaking in Louisana , with the gov for a fuel plant , then
ZIP ... nothing ..
there is a company called Tricon , that Anselmo also owns .. they make money , SLGLF
just a front ..
so true ... so many of these small outfits(pharma or not) have very little product breadth and
basically bet their farms on being first or best with a single product and getting bought out ..
it's a true gamble , none of us retail investors could ever hope to have enough info to
really make a rational decision ... also , whatever these small pharmas are working on ,
are also being worked on by the big guys ..
I fear that too many people look at these as growth opportunities .. they may sport
clean balance sheets and even fund from op revs , but they are still quite shaky ..
A growth company will have lots of debt and cash flow to fund ops and service the
debt ... not wise to invest in a mirage .. .garce