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

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  • "thou shalt not attempt to see logic in the currency markets"

    Oh there is logic to the madness. People want to play another round of Al's pyramid scheme (this time it's called "V-shaped-recovery" or "new bull market"), and need dollars to do that. And the speculators are pissed that the ECB doesn't join their game. Poor lads.

    The Fed has managed to **** up markets to a degree even I wouldn't have thought they'd want to or be able to. This also means it's accident time. Just look at the 10 and 30 year bond yields after the treasury sheenanigans.....

    Col:

    "...whether it was Filips the Bold or Filips the Good who installed the States General in Flanders"

    "installed" ? Shouldn't they be older than that ?

    Comment


    • Well, I suppose "introduce" is a better word. I know it’s odd that it happened from the top but Filips the Bold did so to counterweigh the dominance of the cities, who overwhelmed the nobility and the clergy. (being the capitalist hell-hole it was)

      Besides, I didn't though such assemblies are that much older?
      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


      • **goes to perfect his money printing machine.

        Comment


        • "Besides, I didn't though such assemblies are that much older?"

          Depends on what kind of institutionalization you look at. Flanders may be special though because as you say the cities got rid of most feudal bonds...

          Comment


          • Originally posted by Saras
            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.
            Hey, I was just repeating what my betters who are interested in economics were saying.
            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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            • Roland

              .
              Attached Files
              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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              • Ted Striker

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                Attached Files
                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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                • Sten Stenish

                  .
                  Attached Files
                  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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                  • Hmm... what's that wierd resemblence between me and the french civil servant ?

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                    • Btw, where is he?
                      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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                      • Still buried in the bond pits ?

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                        • Am I being a tenacious irritant if I point out that core CPI keeps rising?
                          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


                          • Unruhestifter
                            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


                            • Hey if Roland gets to be the cynical bastard, I’ll be the unruhestifter.

                              Dan, (or anyone else for that matter) I assume you’re familiar with Scientific Atlanta? Do you have an opinion about them?
                              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


                              • SFA is a set-top box manufacturer. They hold about 1/3rd of the digital cable market (selling about 4 million boxes a year). Acquiring part of Barco.

                                Steady company. Consistent money-maker. No debt. Sufficient cash. Gross margins holding (responsive SG&A reductions).

                                Revs took a hit last quarter. Tough market. Deceleration of transition from analog>digital.

                                Overall, it seems worthy of further research, especially wrt which cable companies use their boxes and which cable companies are taking over the others. Of course, we would all like to see friendlier valuations.
                                Last edited by DanS; December 16, 2001, 17:43.
                                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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