260 messages to catch up on -- wow, meanwhile, TMF -- the spineless, morally bereft evil empire which likes to tout momo investing and its own stocks to those who could not spell dcf, let alone run one -- has oh about 10 posts for the day -- where have all the fools gone ...
sorry, had to get that off my chest, and i agree with you OC, David Gardner is too busy hyping his next book to notice that he is a certified grad of the Bubba school of ethics (i really find his self-righteous tone and hyped positions, devoid of any fact, pretty repulsive) ... ok now it's really off my chest
random musings
Glenn:
Way to go!!!!! You have outlasted canstic and dozens of others here, and maintained your manners (i've barely maintained my sanity) so here's to you and my deepest hope that you will turn this puppy to black (of course, that wouldn't be too bad for me either)
and don't go disappearing on us again .. .unless of course you're making a killing
To our dear Bulls Mark Fowler and William Harmond:
Mark, say it isn't so ... certainly i wish you luck, but if you get this right, and believe me i hope you do, that will be pretty good market timing. WIlliam cdnow + ntki = 000, uh, only if 1 million MUSIC (not book, please god let us turn them all into music customers) customers is an irrelevant data point.
those book prices on TMF's investment guide, must be part of the "secret sauce." oh by the way, jamie and benjy are the same lumianries who have been pounding the table claiming that sportsline is massively undervalued (and that was 10-15 points higher from here) ...
Doc Stone:
could not agree more, Not only don't i click on the damned ads, i literally do not even know 99% of the ones are there, my eyes are focused on reading and clicking ... i too feel that the on line advertising model is FAR less profitable and useful than it is assumed to be
Global Warning from DLJ posted here earlier and published a scant 2 days ago:
Read below and tell me that these guys don't feel like total and complete imbeciles ... they'd already ceded international markets to amzn over bertelesmann -- uh, NO. and now with bks -- they must be kidding
Amazon has understood the international opportunity since the company's
inception. Two thirds of the $80+ billion book market is non-US based,
with Japan, Germany and the UK together equaling book sales in the
United States. Germany, among others, has a higher per capita book
spending number than the U.S., and Jupiter expects online shoppers who
purchase books to spend $102 on average in the year 2002, versus $72 in
the U.S in the same time period. Early in its history, a sizable chunk
of Amazon's sales, approximately 30%, came from overseas, and Amazon's 1
millionth customer was an IT worker in Japan purchasing a technical
manual on Windows NT (speaking of global juggernauts). Over the past
year, international purchases have fallen to 22% of total sales, which
is a reflection of Amazon's aggressive domestic marketing efforts. In
the meantime, Amazon has acquired a leading online German bookseller,
Tele-Book, and the # 2 UK online bookseller, BookPages, providing strong
local footholds and like-minded management teams. While we don't expect
Amazon to necessarily buy its way into every significant market, we also
don't expect Amazon to dally in going after any substantial opportunity
to grow its business, and if that means getting there first by
acquiring, then acquire (and amortize) away. Of course, it's not limited
to books either. The $40 billion music market, of which 70% is non-U.S.,
will be among the many vibrant international opportunities for Amazon.
No idea where the stock goes in the short term -- long term -- dog meat.
One final thing, I'm practicing my growl and loving it. Lovely day and good luck to all.
Lp
PS bears, a squeal of glee and hooray is cool, gloating never is, even if some of our bullish friends did -- so manners all, this one is a long way from over. |
