SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Makin' money honey -- Ignore unavailable to you. Want to Upgrade?


To: sandintoes who wrote (1876)11/8/2005 1:42:06 AM
From: stock leader  Read Replies (1) | Respond to of 2260
 
Essentially GOOG gained $25 billion in value within just a couple weeks. that cannot simply happen without a ton of shortie losses.

Also put holders over that time lost millions.

At some point folks must realize it is only an ad company and growth cannot continue at such a rate.

To show utter frustration of the shorts, one even blurted the 'n' word on the GOOG message board.

finance.messages.yahoo.com

alot of slammin going on at yahoo GOOG board



To: sandintoes who wrote (1876)11/17/2005 8:49:37 PM
From: stock leader  Read Replies (1) | Respond to of 2260
 
Via Net.works (VNWI) remember that one???

VNWI once had about $300 mill in debt free cash (about $3.50 per share) on its balance sheet a couple years ago and now they come out with a press releaase saying they are liquidating and shareholders will get .035 for their shares LOL or about $3 mill

Nothing too strange about it though... many dotbombs wasted 100's of millions

"The shares of the Company's preferred stock have a liquidation preference to our common stock. Upon a liquidation, including pursuant to the plan of dissolution, holders of common stock would not receive distributions until the liquidation preference on the preferred stock has been satisfied. The liquidation preference on the shares of preferred stock is equal to the $2.4 million purchase price plus accrued and unpaid dividends. Based on our current estimate of remaining assets that will be available for distribution to common shareholders, after payment of the liquidating preference to the holders of shares of the preferred stock, holders of common stock would receive a final distribution as a liquidating dividend of approximately $.035 per share. The amount of the distribution may be less than this estimate depending upon the nature and amount of any claims that might arise in the course of the plan of dissolution, the amount of a reserve against the remaining assets that is determined to be appropriate for claims, including contingent and unmatured claims and the time required to complete the plan of dissolution.