Announcement

Collapse
No announcement yet.

GNP, M&A, EBITDA, P/E, NASDAQ, Econo-thread Part 10

Collapse
This topic is closed.
X
X
Collapse
 
  • Page of 37
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 7 13 14 15 16 17 18 19 20 21 27 37 template Next
  • #241
    Thanks for the info Dan. Maybe you could also tell me how you regard their technology?

    And they're not acquiring Barco but Barconet, the communications division that was spun off.
    DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

    Comment

    • #242
      And BTW...
      [Tet-style]Yanquis, I'm still holding for a reaction on core CPI [/Tet-style]
      DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

      Comment

      • #243
        Well Unruhestifter, my reaction is that, "what else is new?"

        Core CPI is always going up.

        In 1985 I could buy a whole plate of Wurst for 50 cents. Now that same plate costs $3.00!!!
        We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham Lincoln

        Comment

        • #244
          Originally posted by Ted Striker
          In 1985 I could buy a whole plate of Wurst for 50 cents. Now that same plate costs $3.00!!!
          a) food is excluded from the core CPI
          b) "Wursti con Krauti" (from an italian restaurant menu in an area suffering from furor teutonicus)

          Comment

          • #245
            Wrt the CPI, does anybody have a 20-year chart for the index, taking into account the changes that were made to scoring? Generally speaking, .2-.3% is normal. Nothing at all to worry about. I'm guessing the .4% is an outlyer. Let's see what happens next month.

            Wrt the technology for these digital cable boxes, the technology is starting to become standard fare. They aren't much different than satellite boxes (plus a network interface), for instance, and there are a couple dozen companies working on those worldwide. I saw a DirecTV sat box for $100 the other day at Best Buy. DVD players and even some game consoles also use many of the same components and they are selling for about the same price.

            Anyway, since there is a transmit as well as a receive on these boxes, for simplicity's sake, a cable company probably will select a single box for its system. If SFA is building the boxes for the system, it will continue to build the boxes for the system.
            I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

            Comment

            • #246
              "I'm guessing the .4% is an outlyer."

              Not really. There is rampant inflation esp in housing and healthcare, and deflation in stuff like commodities. But you know, when your head is on fire and your feet are frozen, you've got the right temperature on average...

              I prefer the cleveland median CPI over the core CPI as a trend spotter, btw...

              For long term view, though no graph:

              http://woodrow.mpls.frb.fed.us/economy/calc/hist1913.html

              Comment

              • #247
                "I prefer the cleveland median CPI over the core CPI as a trend spotter, btw..."

                Why do you prefer it? Do you think it more accurately reflects the broadest base of inflation?

                Btw, I don't see how CPI is a problem. November's numbers, seasonally adjusted, versus a year ago come in at under 2%. November core, seasonally adjusted, versus a year ago comes in at about 2.8%.

                edit again: the more I look at this, the less I'm concerned about it. Compare for 2001 (the average index of which will be 177.2, plug it into the Minneapolis Fed chart and you get 2.9% CPI, rather than the 3.4% assumed), with other cycles.
                Last edited by DanS; December 19, 2001, 12:01.
                I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                Comment

                • #248
                  Dan,
                  Last month’s outcome wasn’t really that exceptional if you look at Y-Y data, which shows an upwards trend. It’s not the present level that could be a cause of concern, it’s the future level. Wages are still outpacing productivity growth and money supply is ripping so what will it be like when that forecasted strong upturn arrives? The fed could be hitting the brakes sooner and heavier than they’d liked to.

                  And BTW, that was some piece of sneaky editing you did last Sunday.
                  DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

                  Comment

                  • #249
                    Why, what did I edit out?

                    "It’s not the present level that could be a cause of concern, it’s the future level."

                    How could the negative be proven looking forward? You could make a case that this is an indication that core inflation (CPI) will be at least 4.4% next year (.37% x 12), and I have no way to say it won't be the case.

                    Looking back at the recession of 1990/1, even 4.4% CPI wouldn't be so bad. It would be a very successful management of the downturn.

                    "Wages are still outpacing productivity growth and money supply is ripping so what will it be like when that forecasted strong upturn arrives?"

                    Tough to say. One thing's for sure. Profits don't look good.
                    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                    Comment

                    • #250
                      Well, I thought you changed “acquiring Barco” to acquiring “part of Barco after my post but maybe I had misread that.

                      I’m not saying that inflation running amok during the next upturn is a certainty but I do find there’s an upward risk considering money supply and wages. Do you disagree?

                      I’m not sure whether you can make a comparison with the inflation rate during the recession of ‘91, as inflation was higher throughout the industrialised world. US was in the middle range back then while it’s currently in the upper.
                      DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

                      Comment

                      • #251
                        "Do you disagree?"

                        Well, when do you think this upturn is going to happen? You seem more sanguine than a lot of people...

                        Re the comparisons in business cycles, I think they are instructive.
                        I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                        Comment

                        • #252
                          The core inflation trend is interesting if you assume that the forecast of a strong recovery at the middle next of year is correct. If that happens I suspect there will be a high and accelerating inflation rate and the Fed may then be slamming the brakes if it wants to keep a lid on it. (of course it may not want to – but I don’t think that would do much good to US’ financial credibility) If that forecast is wrong I expect a reluctant resumption of growth and sluggish growth for years.

                          I agree comparing business cycles is instructive, but I don’t think you can just transplant the 4.4% figure because the international economic environment was different back then. Inflation standards are higher now.
                          DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

                          Comment

                          • #253
                            SPAM!

                            Hey, I just helped increase the GNP thanks to increase in demand in bandwidth and that stimulate investment in IT (and ISP charging money ).

                            Comment

                            • #254
                              Hmm... Looks like posts from the last couple of days were hosed. Bummer.

                              Anyway, I have been following HAL for the last couple of days as it goes through a slew of problems related to asbestos. What do you guys think? The premier American oil services company only worth $4 billion?
                              I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                              Comment

                              • #255
                                HAL - Cheney's little comp ? Our RHI got trashed because of that asbestos lawsuits crap. Sheesh, never buy US companies...

                                Btw, what happened to your KMart ? Didn't you say something about a strong balance sheet a while ago ?

                                Comment

                                Previous 1 7 13 14 15 16 17 18 19 20 21 27 37 template Next
                                Working...
                                X