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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (4862)3/16/2006 2:24:08 AM
From: Maurice Winn  Respond to of 217712
 
More Livedoor fun again. Where there are $billions sloshing around, there are always lots of people wanting to have fun. forbes.com

So, Usen to buy Fuji TV's 12.75%, which will confirm for the dopes at Fuji what their loss was and they can then whine to the authorities that they lost money because Horie tricked them or something. So, they will say, Horie and Livedoor [the new owners] should give them a lot of money.

Japanese prosecutors will not be kind and gentle to Horie [though perhaps they'll be less vindictive towards Livedoor]. They have been out to get Horie and they have found a bit more than a parking ticket with which to get him. Also, gasp, apparently Horie thought it a good idea to split the Livedoor shares with a view to that increasing the post-split share price without actually doing anything useful. Japanese ought to get out more and see the stock splits in the USA. Come to think of it, they should check out the splits going on in the pixelation process of their own fiat currency, which is outright dilution and sneaky theft of value from currency holders. But don't hold your breath waiting for the prosecutors to prosecute the currency splitting government.

As of now, there is no chance to average down and it seems there is unlikely to be one. Now, it's just a matter of the buyout price, or the dividends which result from the great P:E ratio if the subsidiaries keep operating as subsidiaries.

Mqurice



To: TobagoJack who wrote (4862)3/22/2006 3:54:36 PM
From: Maurice Winn  Read Replies (1) | Respond to of 217712
 
Missed out on averaging down with Livedoor, but initial dollop in profit [on paper of course and volatility continues].

Various vultures gobbled lots. Delisting in April, so will only be able to report final outcome. Profits for the company in good shape, assets sound, so I expect a compulsory buyout at a rewarding price, or simply relisting when reorganized and sorted out.

Mqurice