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Posted By	Discussion Topic: FU to Nasdaq
PeterDragon	posted on 04-09-2002 @ 2:18 PM
O&A Board Regular Registered: Jan. 01	Fuckin Nasdaq - get off the fuckin dime, and start to go up already !! Compaq beats estimates, and Nasdaq goes down because of god damn Iraqi oil. Technology is this country's future - get on board, and let's get back to the good times, so those assholes (like me) who missed it the first time, have a chance.
Mayor of Sloatsburg	posted on 04-09-2002 @ 4:00 PM
Psychopath Registered: Oct. 00	[Ant quote in promo] Don't come here for news; don't go to CNN for dick jokes. [/Ant quote in promo] I'm no expert by any means, but I'd recommend all the healthcare-related stocks that have been and will continue to trounce tech stocks. "Save my ups, deek."
Froy King Shit *board owner*	posted on 04-09-2002 @ 4:03 PM
O&A Board Veteran Registered: Feb. 01	It's going to be a long time coming. Fucking SNOW ... Die Mark Jung! I believe in the Faith... that can save me. I believe in the hope and I pray... That someday it may raise me... above these badlands Over The Limit
FoundryMusicScott	posted on 04-09-2002 @ 11:29 PM
Psychopath Registered: Aug. 00	First off, I love how the National Association of Securities Dealers Annotated Quotations market goes down as the Dow Jones goes up. And can you question why Compaq is at $9.28, despite beating estimates? Did you read what happened in the Delaware courts yesterday? Every day the Hewlett Packard acquisition of the company is delayed, the tougher it will be for Compaq to come back. It's share price hasn't been this low since five days before Christmas of last year. And as far as I know, unlike IBM, Compaq isn't part of the NASDAQ composite (or even the NASDAQ market), so why would one non-component company have a dynamic effect upon the close of another? And as far as Iraqi non-exportation goes, don't you think that these technology companies have interests overseas? Major interests, since they are developing markets? A middle east crises is going to have a major effect upon the business of practically all companies, save ones like Budweiser, whose international business only accounts for five percent of its overall revenue. Lastly, forget about getting technology stocks to where they were from a few years ago. The only reason it went up in the first place was because of speculation - the internet seemed like the gold mine of the future, and people foolishly bought into companies who, for the most part, publically stated they wouldn't report earnings for years, but investors believed that astronomical profits were inevitable. The internet hasn't proven itself to be consistently profitable yet, and may not either for a long time or unfortunately ever (in the broad sense - a few companies, like amazon and ebay, are among the few who show potential for profitability). While this post is partially biased because I didn't believe the good news to be true (especially after Red Hat's IPO, that skyrocketed when the company basically had nothing to show for itself), if you missed the boat the first time, it's not coming back. Brick and mortar, my friend, brick and mortar. Take a look at retails, like Circuit City (CIC), Best Buy (BBY), Wal-Mart (WMT), Lowe's (LOW), and Target (TGT) for examples. With the exception of KMart (KM), these have done remarkably well not only post September 11th but in comparison to the bursting of the internet bubble. I am sorry you missed the boat, but it is better off since that boat eventually sank. "That's what we're paid for, boys. We're gonna take care of this. We're going to find out who did this. They're not going to like me as President." -President George W. Bush, 9/11/01

Displaying 1-4 of 4 messages in this thread.