Looks a bit like Phoenix home prices, eh?
Silly humans.
Silly, silly humans.
April 6, 2009
Here's the chart for Sun Microsystems. Any questions?
Looks a bit like Phoenix home prices, eh?
Silly humans.
Silly, silly humans.
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9 comments:
Shift that run up forward by 5 years and you've got it. Are you sure that's not a chart of the Nasdaq?
Am I the only one who feels that the liquidation of Greenspan-era malinvestment in IT did not end with the dotcom bust? Confession: I'm involved in the field myself but I'm painfully aware of the duplication of effort, the overhype, the proliferation of "legacy" systems resulting from short-lived technologies, and the dependence on exponential growth (those fancy umpteen-percent CAGRs) being the norm. Doesn't seem very healthy to me.
"Looks a bit like Phoenix home prices, eh?"
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Actually, this looks like Richard's chart of the Oil Age.
i had this stock long ago and took a bath on it. no hope for these guys; they just need to start winding down operations now that they did such a silly thing as spurn ibm's offer.
We're still near the top.
Sold mine acquired at $7.56 before last summer's meltdown at 9.03 the day merger announcement was made.
I think the 10% unemployed will be relagated to become irrelevant and un-necessary.
The cash volatility in this country is still high.
Orlando standard restaurants are still doing well, busy and fullon tgeh weekends. Disney still packs them in.
Was in Vegas last weekend and it was packed. Three conventions were up in attendee count.
Rigth now, I am in Salt Lake city and the crane count is 10.
Air flights were packed.
To me, the answer is the extremes such as high priced restaurants, ultra exurbs, way over priced goods, just general extremes is dead.
This country just doesn t need labor to support extreme living large. Ironically, this fits the statistical bell curve.
The thing is, unlike GM or the banks, Sun makes some cool stuff. If Sun was getting the free govt money like the banks, they'd be doing ok.
Just like the AAPL bull$hit. 20% unemployment around the world but everyone will be buying $4,000 laptops and $500 routers, or a glorified phone that comes with a $300/month bill.
Got it!
Hey, but this is the new America, common sense doesn't exist here any longer.
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