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

[Sten Sture]

edit: - I didn't see rt's thread - must have been between pages - I suppose we should edit the name of that one and continue there. pending delete...



Per Ming's request to retire the old 500+ post thread and start a new chapter of inane drivel about all things remotely financial...

Link to part 9: tba

Some of today's closes for reference

INDU 9119
S&P 1071
Nasdaq 1605
DAX 4488
FTSE 5036
CAC40 4165
NKY 10206
FedFunds 2.5%
US 10yr 4.51%
ECB Target 3.75%
Euro 10yr 4.65%
Roland's cash position 100%



Carry on.

[pchang]

I sold everything to come up with the down payment for my condo. Thus, I too have a cash position of 100% (whatever is in my checking account).

SS - How goes your own search?

[Sten Sture]

I have my recycling from all of those Nortel beer cans - must be worth something...

Sorrry about the new thread - didn't see the other one.

[randomturn]

let's just use this one. It has a more apt title.

And on a personal note, I'd just like the record to show that I can rise above Sten Sture's "accidental" glory-hogging thread-jacking ego-trip.

[Roland]

Kudos to the derivative king. Those swedish bondtraders are real egomaniacs.

Hmm... what are the lose ends from the other threads ?

Oh, yes : BUBBLE!!!

[randomturn]

I think we determined that SAP specifically is not a stock that the apolyton community feels bullish on.

looks like Abby Cohen finally lowered her S&P 1600 price target. Very quietly, of course. No announcement; just magically lower one day.

I love CNBC's Lame-O awards. Goldman, Solly and Merrill all got nailed a couple of days ago for lowering their rating on Global Crossing -- after it had dropped below $2 (from around $70?). Of course, it did keep going down -- last trade at $0.57

[Lancer]

I'm not sure it's relevant, but I went from 200 pounds to 184 pounds. That's a net loss of 16 pounds.

Of course it all depends on the scale you're using...

My income has remained the same through it all I'm proud to say. I have to admit it's not entirely all my own doing, as the government has maintained the minimum wage.

[pchang]

It would appear that Lancer's mass productivity has increased by 8%.

[Roland]

rt:

"looks like Abby Cohen finally lowered her S&P 1600 price target."

Didn't she lower it some time ago to 1550 ?
I think it was the day of a Fed meeting. What a coincidence...
I've actually started to like her. She's so.... freaky.

"Goldman, Solly and Merrill all got nailed a couple of days ago for lowering their rating on Global Crossing"

I really think the term "analyst" refers to estimates pulled out of asses. There simply is no other explanation.

[Ted Striker]

Dinosaur Sten,

Regarding your title, GNP is soooooo 1986...the kids are using GDP. Tell him, Herr Rechtsberater!

By the way, what's the difference between an Anwalt and a Rechtsberater? Rechtsberater only works in the courtroom?

[Roland]

"Rechtsberater" is no official title, it just means "legal adviser". Where did you get the term ?

[Ted Striker]

Just from memory.

Anwalt is what I got when I looked it up.

[Roland]

Jurist = person with law degree
Rechtsberater = legal adviser
Rechtspfleger = sort of a paralegal doing some court work
Anwalt or Rechtsanwalt = attorney; person with law degree who represents clients in legal matters on a professional basis (aka "whore")

[Ted Striker]

(aka "whore")

Danke Schoen Fraulien Hure!

[Ted Striker]

Bulls seem to be running wild this week. Chips seem to be doing well.

NASDAQ has put off delisting companies until January. Get your .coms while you can, Roland.

Greenspan to say something stupid again tomorrow.