Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

god damn Microsoft makes some stupid purchases:

1) Telewest Communications: In 2000, just a few months into Ballmer’s time at the helm, Microsoft bought a 22 percent stake in British cable TV provider Telewest (LBTYA) for $2.6 billion. Less than three years later, they sold it for $5 million. Microsoft was looking for entrée into the set-top box software market. It didn’t work out. “It’s one of those where you sit back and go ‘wow,’” Don Gher, then chief investment officer at Coldstream Capital told Bloomberg, “The loss in value is really incredible. But they are being more careful now. They’ve learned a lot of lessons.”


2) AQuantive: In 2007, Microsoft paid $6.3 billion for the Web advertising shop, an 85 percent markup on the company stock’s closing price the day before. It was a desperate move to keep up with Google (GOOG) in the online ad market. It didn’t work out, either. Five years later, Microsoft wrote off almost the entire purchase price of AQuantive. “This is an accounting decision that the company made based on how the business is performing relative to the projections we had made during the past five years,” Ballmer told employees in a memo.

You can probably add Nokia and Hotmail to this list as well.

 

[88m3]

god damn Microsoft makes some stupid purchases:

that would probably put most companies under...

 

[Ohene]

god damn Microsoft makes some stupid purchases:

saw that on business week last night

ballmer was trash and this clippers purchase falls RIGHT in line with the rest of them

 

[Domingo Halliburton]

saw that on business week last night

ballmer was trash and this clippers purchase falls RIGHT in line with the rest of them

yeah this a$$hole is worth $20 billion for essentially adding no value to the company for the last 10+ years.

 

[Ohene]

yeah this a$$hole is worth $20 billion for essentially adding no value to the company for the last 10+ years.

couldnt say it any better

he joined the company WAY back in the day right

 

[Domingo Halliburton]

couldnt say it any better

he joined the company WAY back in the day right

Yeah I think he knew Gates in college

 

[Ohene]

i called it...195.94 after hours

 

[Ohene]

a 16% stake in monster acquired by coke sends MNST up 25%.

knew it was a matter of time before KO made another acquisition

and JCP damn near the only retailer with good news/rising sales

 

[Ohene]

if we touch 197 today i might just double up on these SPY calls . I urge you all to hop on board the next dip (if we have one)

 

[anti_cracker]

For some reason I cannot see the last page on this thread, but i will post anyway.
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Can someone please explain to me in english from 22:50 to 28:00.
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50 cent will be on SQUAWK (cnbc) at 11:30

 

[Ohene]

Dean Fodos...from 14.80 to 16.15 in about 2 days.

 

[Ohene]

why is it red what is the news...i need the news

i was so close to my limit order...why's the market always gotta fukk me

 

[Ohene]

if we can pass 1956 (195.49 for the ETF) and turn up i'm convinced...2000 by the end of August (barring anymore geopolitical news ruining the flex)

Healthcare and Financials sectors blessing me right now

murphy's law
i am cursed

 

[无名的]

I watched ACHN dropped down into the mid 2s and didn't pull the trigger. I'm still sick.

 

[Ohene]

all i ask is that the sky closes above 195.5. I beg you.. We worked too hard this week to have this frivolous news shyt on me

but volatility has increased a lot and cushioned the fall so I'm still up a decent amount