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| <td width="53%" rowspan="2" height="230" valign="top"><small><font face="Verdana">One of | |
| the main powers of this high tech industry is<br> | |
| entrepreneurialism. And the drive behind entrepreneurialism? Money! Selling your company | |
| for<br> | |
| huge sums of stocks, releasing an IPO and reaping hundreds of millions of dollars, working | |
| for a startup and watching your stock options blow through the roof! Now what? We've | |
| seen the situation in stocks and it's not pretty. In terms of IPO's: of the roughly 135 | |
| companies that went public in the first quarter of 2000, 109 ended the quarter below their | |
| first-day close.</font></small><p><small><font face="Verdana">Our market is becoming more | |
| selective, separating the wheat from the chaff, as some put it. For consumers, it could be | |
| a good thing. The new model for high tech might be to create high quality products, as | |
| opposed to rushing onto the market at breakneck speed. It's like technology is getting | |
| baptised, being cleansed of<br> | |
| all its impurities. But it will emerge stronger, more<br> | |
| durable and more mature; a "newer new economy" you might call it.</font></small></td> | |
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| face="Verdana">A newer new economy</font></small></strong><br> | |
| <small><font face="Verdana">I'm sitting at my computer right now, watching a defenseless | |
| Nasdaq and Dow Jones getting slaughtered by the army of pessimistic investors. It's been | |
| an<br> | |
| ugly week. For a market that used to bow its head to any company with a dot-com beside its | |
| name, we're getting something we haven't felt in quite some time.</font></small></p> | |
| <p align="justify"><font face="Verdana" size="2">-<em>Chris Lau</em><br> | |
| </font><font size="1" face="Verdana">April 14, 2000</font></td> | |
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| <small>4</small><br><small>14</small><br><small>4</small><br><small>8</small><br><small>3</small><br><small>5</small><br><small>1</small><br> | |
| </font></td> | |
| <td width="0" ></td> | |
| <td width="135" rowspan="3" valign="top"><font face="Verdana"> | |
| <small><a href="daily_det8.pl?det=1&t=RIM_down_40">RIM down 40</a></small><br><small><a href="daily_det8.pl?det=1&t=Stop_biotechnology">Stop biotechnology</a></small><br><small><a href="daily_det8.pl?det=1&t=Poor_Elian...">Poor Elian...</a></small><br><small><a href="daily_det8.pl?det=1&t=The_Stock_Market">The Stock Market</a></small><br><small><a href="daily_det8.pl?det=1&t=Taiwan_and_China">Taiwan and China</a></small><br><small><a href="daily_det8.pl?det=1&t=MS_break-up">MS break-up</a></small><br><small><a href="daily_det8.pl?det=1&t=What's_news?">What's news?</a></small><br> | |
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| </center></div><p align="center"> <a | |
| href="daily_tpnew8.pl"><b><font size="4" | |
| face="Arial">POST NEW TOPIC</font></b></a></td> | |
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| <tr> | |
| <td valign="top" width="364" height="221"> | |
| <div align="center"><center><table border="0" cellpadding="8" cellspacing="0" width="100%"> | |
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| <td width="75%" valign="middle"><b><font size="4"><a href="daily_det8.pl?det=1&t=RIM_down_40">RIM down 40 | |
| </a></font></b></td> | |
| <td width="25%" valign="middle"><p align="right"><a href="daily_tresp8.pl?title=RIM_down_40&res=1"><img border="0" src="../../../images/respond.gif" width="81" height="15"></a></td> | |
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| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>Pork </b></font><font | |
| face="Verdana" size="1"><i>04.12.00</i></font><font face="Verdana" size="2"><br> | |
| <br>Wed, Apr.12, 10:00 <br>RIM is down $40 in the morning! And they just announced their new PDA! Oh, I feel bad for RIM! | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>Joker </b></font><font | |
| face="Verdana" size="1"><i>04.12.00</i></font><font face="Verdana" size="2"><br> | |
| <br>Rim is now down $46 at 3:27pm | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>Pork </b></font><font | |
| face="Verdana" size="1"><i>04.14.00</i></font><font face="Verdana" size="2"><br> | |
| <br>RIM: <br>March 3: $216 <br>April 14th, 11 am: $59! | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>joanofarc </b></font><font | |
| face="Verdana" size="1"><i>04.22.00</i></font><font face="Verdana" size="2"><br> | |
| <br>What is RIM? | |
| <br> </font></td> | |
| </tr> | |
| </table></center></div><br> | |
| <div align="center"><center><table border="0" cellpadding="8" cellspacing="0" width="100%"> | |
| <tr> | |
| <td width="75%" valign="middle"><b><font size="4"><a href="daily_det8.pl?det=1&t=Stop_biotechnology">Stop biotechnology | |
| </a></font></b></td> | |
| <td width="25%" valign="middle"><p align="right"><a href="daily_tresp8.pl?title=Stop_biotechnology&res=1"><img border="0" src="../../../images/respond.gif" width="81" height="15"></a></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>guru </b></font><font | |
| face="Verdana" size="1"><i>04.4.00</i></font><font face="Verdana" size="2"><br> | |
| <br>Kenny: We always go for short-term benefits because we can predict the outcome. But for long-term benefits, we can only hope, which is why the wildlife is gone across America. Of course we will tamper with our genome. But when the future comes that our genome are polluted like our air, then there will be short-term benefits created that will counter this pollution. You know humans... | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>chelsea </b></font><font | |
| face="Verdana" size="1"><i>04.4.00</i></font><font face="Verdana" size="2"><br> | |
| <br>Guru, you wrote: "Atom bombs were developed and was thought to be bad for humanity, but we handled it very well. And there is no real threat from it." <br> <br>First of all, atom bombs WERE and ARE bad for humanity. And we did NOT handle it very well. And you actually have the guts to say there is no real threat from it???? Excuse me??!! You might not think so but I think that a weapon which can blow away cities from a map and cause great pain and sorrowful illnesses to many people a GREAT threat! And it's as real as you and me. And, my oh my, have we all forgotten the dark days of the Cold War? Wasn't born yet but it sounded pretty REAL to me! | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>chelsea </b></font><font | |
| face="Verdana" size="1"><i>04.12.00</i></font><font face="Verdana" size="2"><br> | |
| <br>Hey, is anyone here? Don't you guys want to argue some more??? <img src="../../../images/h3.gif"> | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>Gucci </b></font><font | |
| face="Verdana" size="1"><i>04.12.00</i></font><font face="Verdana" size="2"><br> | |
| <br>For me every techonology is always havn a good and a bad effect..... <br>Only eart is th living planet (I swear) | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>guru </b></font><font | |
| face="Verdana" size="1"><i>04.13.00</i></font><font face="Verdana" size="2"><br> | |
| <br>I thought I made you mad when I said that there is no real threat from atom bombs. Since you want more arguments, I am here to continue the discussion: What I meant by 'no real threat' is that no countries in this world right now can just use the bomb irresponsibly just like what we saw in the Cold War. What I am trying to say here is that in all things that humans explore or invent, there will be errors at first (by that I mean not being able to handle it properly) but because of our nature, we tend to improve situations or minimize all negative elements. This is what I call the "trials and errors" of human experience. Yes, atom bombs are a real threat if we ever use it but we are able to just keep it on the shelves. <br> | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>joanofarc </b></font><font | |
| face="Verdana" size="1"><i>04.22.00</i></font><font face="Verdana" size="2"><br> | |
| <br>Biotech can't be deemed good or bad. It's good in some ways (ability to clone body organs to save lives) and bad in other ways (cloning complete human beings). You guys are arguing this like it's black or white. Life is always in shades of grey. | |
| <br> </font></td> | |
| </tr> | |
| </table></center></div><br> | |
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| <tr> | |
| <td width="75%" valign="middle"><b><font size="4"><a href="daily_det8.pl?det=1&t=Poor_Elian...">Poor Elian... | |
| </a></font></b></td> | |
| <td width="25%" valign="middle"><p align="right"><a href="daily_tresp8.pl?title=Poor_Elian...&res=1"><img border="0" src="../../../images/respond.gif" width="81" height="15"></a></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>jellybean </b></font><font | |
| face="Verdana" size="1"><i>04.14.00</i></font><font face="Verdana" size="2"><br> | |
| <br>I have a lot of mixed feeling for this issue on Elian Gonzalez. Screw the father. Screw his relatives in Miami. Screw the U.S govt! The poooooor kid! Obviously his choice or say in the matter of HIS life doesn't take into account. | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>Jimuzu </b></font><font | |
| face="Verdana" size="1"><i>04.14.00</i></font><font face="Verdana" size="2"><br> | |
| <br>What's going on in this case? | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>jellybean </b></font><font | |
| face="Verdana" size="1"><i>04.17.00</i></font><font face="Verdana" size="2"><br> | |
| <br>Well, supposedly, his father gets custody of him and he's heading back to Cuba. | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>joanofarc </b></font><font | |
| face="Verdana" size="1"><i>04.22.00</i></font><font face="Verdana" size="2"><br> | |
| <br>FINALLY! Maybe we can put this headline gobbler to rest. But personally, I don't think they really put the child's best interests into their battle for him. I hope he's happy is all. | |
| <br> </font></td> | |
| </tr> | |
| </table></center></div><br> | |
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| <tr> | |
| <td width="75%" valign="middle"><b><font size="4"><a href="daily_det8.pl?det=1&t=The_Stock_Market">The Stock Market | |
| </a></font></b></td> | |
| <td width="25%" valign="middle"><p align="right"><a href="daily_tresp8.pl?title=The_Stock_Market&res=1"><img border="0" src="../../../images/respond.gif" width="81" height="15"></a></td> | |
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| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>guru </b></font><font | |
| face="Verdana" size="1"><i>04.10.00</i></font><font face="Verdana" size="2"><br> | |
| <br>I think your friend is right. It is more on our perception of what will happen next. It is our money that is at stake and when a bit of bad news come, we become nervous so we sell like crazy. By the way, Microsoft as of today (April 10) is down to $87 per share. What do you think? | |
| <br> </font></td> | |
| </tr> | |
| <tr align="left"> | |
| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>Pork </b></font><font | |
| face="Verdana" size="1"><i>04.10.00</i></font><font face="Verdana" size="2"><br> | |
| <br>Greed is a fuel on our stock market, and the greed is self-fulfilling. The more money that gets poured into the market by greedy investors, the more the price gets hiked up. So yes, I believe it is somewhat of a bubble of optimism. Also, the sky high price of stocks are not a reflection of its current assets or market power. Rather it's a reflection of a promise of making money. But it's a new economy with new rules, and it may last indefinitely, or burst eventually. Investors ARE getting impatient at looking at red ink forever, though. Investors want profits and products, so I expect that we may see a more traditional stock valuation schemes in the future. <br>Microsoft is an excellent company, despite its recently less-than-stellar performance. It has a proven "gold-mine" of products and talent, and I think that it deserves to be rewarded handsomely by Wall Street. | |
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| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>Vella </b></font><font | |
| face="Verdana" size="1"><i>04.11.00</i></font><font face="Verdana" size="2"><br> | |
| <br>I think guru has a thing for Microsoft <img src="../../../images/h1.gif"> <br> <br>So what you're saying is that if people get extremely pessimistic, then the whole stock market will tumble down to practically nothing? | |
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| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>guru </b></font><font | |
| face="Verdana" size="1"><i>04.11.00</i></font><font face="Verdana" size="2"><br> | |
| <br>If the sentiment is so pessimistic, then the stock market will crash, just like the big crashes before. But it won't come down to practically nothing (as what we have experienced). Most of the time it will go down by half of whatever the highest is. <br>Microsoft is $85 per share as of April 11, is it time to jump in? | |
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| <td width="100%" colspan="2" bgcolor="#ECEBEA"><font face="Verdana" size="2"><b>Pork </b></font><font | |
| face="Verdana" size="1"><i>04.11.00</i></font><font face="Verdana" size="2"><br> | |
| <br>The value of a company nowadays is not based on intangible assets. Talent, branding, speed of innovation, and entrepreneurialism aren't measured on the balance sheets of most companies, giving these firms the appearance of having "nothing". But so as long as the markets continue to equate these intangible assets with money, we will be fine. And the boom is expected to last for two decades, after which this economic model may become the default. And afterall, our technology is just a new business model. Amazon.com is simply selling books, and AOL is giving us a service, and in 20 years, we'll still have booksellers and services. So my opinion is "no", there won't be "nothing" after the correction. There will be more! | |
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| <td width="100%" colspan="2" bgcolor="#ffffff"><font face="Verdana" size="2"><b>Pork </b></font><font | |
| face="Verdana" size="1"><i>04.11.00</i></font><font face="Verdana" size="2"><br> | |
| <br>I meant to say, that the value of a company IS based on intangible assets. As for guru's question: Is Microsoft a buy? I'm anxiously waiting for other opinions. I'm not selling the shares I have, though. For sure not. | |
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