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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (67275)	8/2/2006 11:19:18 AM
From: shades	Respond to of 110194

MasterCard Reports 2Q Loss On IPO-Related Chgs>MA (BWAHAHA - dumped the dying golden goose on sucker bagholders eh?) NEW YORK (AP)--MasterCard Inc. (MA) reported a second-quarter loss Wednesday as the company took charges related to its initial public offering and legal defense reserves. The nation's second-largest credit card brand, which went public in May, reported a loss of $310.5 million, or $2.30 a share. A year earlier, the company registered a profit of $120.2 million, or 89 cents a share. Stripping out charges related to its IPO and the donation of 13.5 million shares to a charity, the company reported a profit of $101 million, or 74 cents a share. Those results surpassed Wall Street projections for earnings of 62 cents a share, according to analysts polled by Thomson First Call. Higher purchases on its credit and debit cards worldwide pushed revenue up 9.7% to $846.5 million from $771.9 million a year earlier. Analysts had projected revenue of $801.08 million, according to Thomson First Call. "Our solid operational performance for the quarter demonstrates that through our strengths as a franchisor, processor and advisor, we are successfully delivering on our commitment to bring our customers innovative products and value-added services to help them enhance the profitability of their payments businesses," President and Chief Executive Robert Selander said in a statement. In premarket activity on Inet, MasterCard shares were quoted recently at $47.47, up $2.47 from Tuesday's close of $45. (END) Dow Jones Newswires August 02, 2006 09:10 ET (13:10 GMT)

To: John Vosilla who wrote (67275)	8/2/2006 11:22:17 AM
From: shades	Read Replies (2) \| Respond to of 110194

1973-74 bloodbath was bad for all stocks? So why play stocks - they suck in this kind of market eh? Are you getting into any of the following Vosilla? Message 22629616 From the book he lists the things that gained the most in the 1974-1980 period, which is highly reminiscent of today. Back then, oil topped the list, rising 1,866% in price in that period of time. The next biggest winner was gold, up 1,458% in price, followed by U.S coins (1,053%), silver (739%), Chinese ceramics (607%), diamonds, farm land, art, followed by housing (164%), stocks (81%), bonds (89%), all of which sounds pretty good until you note that Mr. Sjuggerud includes the fact that inflation (as measured by the CPI) was up 110% in those six years.