>Am I the only one that thinks that the tracking stock is a bad idea? After all, the motivation behind the move is a conviction that the stock market is too stupid to add or that this will allow the DLT business to attain some wild valuation based on speculative frenzy.
Yep, you're right. Markets are rational and efficient, and peons like us can't yield higher returns by investing wisely. p.s. Can I buy some of your QHDD stock for -10?
>In other words, management has spent too much time listening to investors like us who watch the stock hourly. Better they focused on their business than watching their stock price.
Investors have only suggested this idea for the past two years! I wish management was more responsive to my suggestions. If they had, Maxtor would long ago have become an operating subsidiary.
>If DLT is really generating more money than they need to grow, then what is the purpose of creating a stock that is trading at high levels?
To use as an offensive weapon, of course. (cf. Amazon, AOL, Yahoo and the acquisition binges they've undertaken)
>I'm not looking for something that is a quick double and then I'm on to something else. What I would like is a company that is a quick double that I can hold for 5 or 10 more years and get 2 or 3 more doubles! <g>
You're investing in the wrong stocks. That's 5 or 10 more months. <GGG>
Seriously, I'm a huge fan of Dandy Andy. He made a prescient bull call on Intel a few years back that was dead-on correct and actually made me money. Very few analyst gibber have actually made me money. Dandy Andy's not flashy like the Dark Prince Kurlak, and I don't think anybody's ever called him an axe, but he's consistent and usually correct. |
