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

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  • Take out a loan on it and invest it ?

    I'm not sure what else you could do apart from "exhibiting" it. I think some firms rented paintings and stuff for interiors, rather than buy.... no idea how this works in detail though.

    Comment


    • "I’m surprised to see that Coca-Cola is at the bottom between all those predators and telco and IT household names."

      Just a timing thing. If they would have used 1991 as the base, the stock quintupled over the next 10 years (17.5% per annum), and it would have been in the top 20 probably. That points out the weaknesses of the report. But for all of the false indicators, there are some companies that are correctly identified as having destroyed an amazing amount of shareholder value over the years (Xerox, AT&T, Lucent).

      Coca-Cola chart attached.
      Attached Files
      Last edited by DanS; December 7, 2001, 11:17.
      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

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      • For comparison purposes, AT&T (ignore pre-'85, because of the breakup). This shows how not to run a company...
        Attached Files
        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


        • And does the following strike anybody else as asinine?



          I don't know why we have waste money supporting the steel industry just because the Euros do. Let the Euros, Koreans and Brazilians bleed each other dry.
          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


          • "And does the following strike anybody else as asinine?"

            "asinine" ?

            "I don't know why we have waste money supporting the steel industry just because the Euros do. Let the Euros, Koreans and Brazilians bleed each other dry."

            Steel subsidies have been pretty much phased out here after the Commission finally took the state aid rules seriously. What I don't understand is the fragmented situation in the US steel industry. Bethlehem steel as one of the biggest US makers has an annual output of 5 million tons or so ? Wtf ?

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            • Well, the industry has had hard times for as long as I've been alive. There was a brief respite a couple of years ago when everybody moved to the mini-mill approach.

              A lot of jobs/pensions/health care are attached to the industry. That's why it makes political sense to see the industry through its toughest times.

              But I don't like that approach all. I don't know how anybody can keep a straight face and say that the steel industry will make a profit in five years time after we will have pissed all that money away. It's just a sh!tty business to be in, so let everybody else be in it.
              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


              • So what's the deal? Roland says Europe stopped subsidizing the steal industry. US says they still do. Other sources do not really contradict the US. What are the real numbers?

                Sometimes, the right thing to do is to just let them die.
                “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

                ― C.S. Lewis, The Abolition of Man

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                • I am filling in for GP

                  Back this one time I was in the sub and had just fired off some Tomahawks, came into port with this hottie from Sri Lanka, made me realize the effects of the Manchurian relationship principle.

                  United Steel's strategic direction needs to focus more on relationships with raw materials vendors rathar than cutting corners on production quality.

                  [Insert 16 year old poster name here] are you always such a crybaby?
                  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

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                  • Yes, where's GP ?

                    pchang:
                    "Roland says Europe stopped subsidizing the steal industry. US says they still do. Other sources do not really contradict the US."

                    And who contradicts me ? Btw, "steal industry" - like Wallstreet ?...

                    I'm not even sure the US claims that we subsidise steel - all I saw is they are whining about "imports". With their huge cost basis and small scales, US steelmakers don't look too competitive...

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                    • GP is busy, as is young prodigy Schokoladenkopf.
                      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


                      • Well, as I was thinking this morning, when I was making my history exams, I have to draw a time-line ? I’ve spend half a night unravelling the genealogical tree of the Habsburgs and finding out whether it was Filips the Bold or Filips the Good who installed the States General in Flanders and I have to draw a time-line?

                        Anyway, the lines were crooked, as I didn’t had a ruler with me, I wasn’t able to divise the line properly into the demanded 9 ages, I crossed out half of what I wrote and I didn’t had enough space to stuff the Treaty of Munster somewhere in there so I drew a wavy line with an arrow all the way down to the bottom of the page referring to the damn treaty, thereby bringing the mess to perfection.
                        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


                        • Why don't you insert pictures of the World's Hottest Women thread into it and it will be alot more fun?
                          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


                          • I note that the USD/EU exchange rate is precisely what it was one year ago. Two months later, I have the same question.

                            What gives?
                            Last edited by DanS; December 11, 2001, 15:17.
                            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


                            • I read a funny thing the other day. The big chief of the Russian central bank said Russians shouldn’t use euros because he's unconvinced of the currency's stability. It fluctuates too much versus the greenback.
                              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


                              • The best ever quote from the Russian CB Governor is "I was always bad at figures".

                                LMAO when first heard it.

                                DanS - thou shalt not attempt to see logic in the currency markets; thou shalt hedge thy exposures; thou shalt not invoke God's name while looking at the screen.

                                Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
                                Originally posted by Ted Striker:Go Serb !
                                Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.

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