![](/i/fill.gif) |
![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
>> Seriously, that's a crapload of money.
>
> But you need to compare it to the revenue and value of the company. A
> company that loses $50m but is only worth $150m is in trouble, but one
> worth $30000m probably doesn't need to worry about losing $50m in a bad
> year.
How do you determine what some company is "worth"?
>> I've always wondered how you can
>> lose that much money and not be shut down...
>
> Because the shareholders believe you have a plan to make profit at some
> point...
So it's a question of making people *believe* that you will make money
some day?
Suddenly the dot-com bubble makes *so* much more sense...
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
> How do you determine what some company is "worth"?
Just like anything else, whatever people are willing to pay for it.
Multiply the share price by the number of shares.
> So it's a question of making people *believe* that you will make money
> some day?
Exactly, and having a good track record of good profit, good management
and a lot of assets (like factories) helps to convince them you're a
good investment. If a company makes an announcement of bad news, the
share price will usually drop, as people won't judge it to be worth as
much any more.
> Suddenly the dot-com bubble makes *so* much more sense...
Yeh, if you have no physical assets it's very easy for your "worth" to
go to zero overnight (eg if you only have one software product, and then
Microsoft decides to buy one of your competitors and release their
software for free, you're stuffed).
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
On Fri, 11 Feb 2011 13:33:45 +0000, Stephen wrote:
>>>>> Yes, but they were buggers to work for.
>>>>
>>>> Ah well, say "la V".
>>>
>>> No! I said "goodbye".
>>
>> Win.
>
> It sounds good but I was full of doubts changing jobs where I had to
> take a bus 17 miles to Glasgow then 10 miles to East Kilbride.
It does - I know I've told the story here about walking away from an
intolerable job with no option, and while it's liberating to just quit,
one does tend to have doubts, that's true.
But for me, it did work out regardless, and for the better.
Jim
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
On Fri, 11 Feb 2011 10:29:48 +0000, Invisible wrote:
>> I think you'd be surprised what level of work goes into making even a
>> low circulation full-colour magazine.
>
> OK. As I say, I don't work in the print business personally. It just
> surprises me that anyone would shell out such a huge amount of money for
> something unless it was absolutely critical to have it.
Who says it isn't absolutely critical to have a monitor like this in the
fields it's designed for?
Jim
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
On Fri, 11 Feb 2011 11:51:15 +0000, Invisible wrote:
>> Interesting how you see it. I thought that it was about how a few
>> thousand pounds was not out of the price range of someone with a decent
>> job.
>
> By that analysis, I don't know *anybody* with "a decent job". (Or
> perhaps I just don't go around measuring everybody...)
You know me. I like to think I have a decent job.
Those of us offering to help you don't have jobs that suck, you know. I
would guess that all of us make decent money and have jobs we like.
These offers of help aren't "the blind leading the blind" - but you've
got to be willing to work for it.
Have you done the assignment that Darren gave you to improve your writing
and writing organizational skills, for example? You do know that I've
written and so has Darren, we might just know a thing or two about how to
do these things you've declared "impossible", and if you let us, we can
help you improve your skills. But it doesn't come by you saying "I don't
have the time.". If it's important to you, make the time.
Jim
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
On 11/02/2011 6:26 PM, Jim Henderson wrote:
> It does - I know I've told the story here about walking away from an
> intolerable job with no option, and while it's liberating to just quit,
> one does tend to have doubts, that's true.
>
Oh, the job wasn’t intolerable although I made my boss’s life pretty
tough. I’ve put up with lots worse than that. It was the worry about
being able to do it with no qualifications or relevant experience.
> But for me, it did work out regardless, and for the better.
It did for me too until I moved on to a better job.
--
Regards
Stephen
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
On Fri, 11 Feb 2011 18:41:28 +0000, Stephen wrote:
> On 11/02/2011 6:26 PM, Jim Henderson wrote:
>> It does - I know I've told the story here about walking away from an
>> intolerable job with no option, and while it's liberating to just quit,
>> one does tend to have doubts, that's true.
>>
> Oh, the job wasn’t intolerable although I made my boss’s life pretty
> tough. I’ve put up with lots worse than that. It was the worry about
> being able to do it with no qualifications or relevant experience.
Well, yes, it was kinda like that for me, too - the work itself was OK,
but between my coworkers and my boss at that job, it wasn't easy for me,
and I'm sure (in retrospect) that I didn't make it easy for them, either.
>> But for me, it did work out regardless, and for the better.
>
> It did for me too until I moved on to a better job.
Yep, that's the way it works. :-)
Jim
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
scott wrote:
> the artists and designers who choose
> colours get very annoyed when the final product looks a totally
> different shade to what they designed.
My brother (in advertising) tells of a time when the boss sent out some
valentine calendar or some such for a test print. An hour later the printer
comes back with a sample.
Boss: "No. This is awful. It's supposed to be pink. Does this rose look pink
to you? No! It's orange. It's not even close. Go fix it."
An hour later, the printer comes back with another sample.
Boss: "Ah, this is much better. Now it's pink. *This* is what you should
have brought me in the first place." Then he hands the calendar back and
says "Now go fix it."
--
Darren New, San Diego CA, USA (PST)
"How did he die?" "He got shot in the hand."
"That was fatal?"
"He was holding a live grenade at the time."
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
Invisible wrote:
> I'm loving how there's about a 50% difference in the average figures for
> men and women. Nothing sexist about that at all! ;-)
There are lots of reasons this sort of thing happens in addition to sexism.
--
Darren New, San Diego CA, USA (PST)
"How did he die?" "He got shot in the hand."
"That was fatal?"
"He was holding a live grenade at the time."
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
>> How do you determine what some company is "worth"?
>
> Just like anything else, whatever people are willing to pay for it.
> Multiply the share price by the number of shares.
And here I was thinking that the share price is just an arbitrary
plucked out of thin air and fluctuating at random...
>> So it's a question of making people *believe* that you will make money
>> some day?
>
> Exactly, and having a good track record of good profit, good management
> and a lot of assets (like factories) helps to convince them you're a
> good investment. If a company makes an announcement of bad news, the
> share price will usually drop, as people won't judge it to be worth as
> much any more.
So, like, if you own several million dollars worth of assets that you
might potentially be able to sell, people aren't worried if you make a
few thousand in losses? (Or rather, not *as* worried as if your assets
were, say, £200...)
>> Suddenly the dot-com bubble makes *so* much more sense...
>
> Yeh, if you have no physical assets it's very easy for your "worth" to
> go to zero overnight (eg if you only have one software product, and then
> Microsoft decides to buy one of your competitors and release their
> software for free, you're stuffed).
It makes it look like all you have to do is *convince* people that if
they invest enough money, "one day" you will start making a huge profit.
Of course, talking people into things is significantly easier than, say,
ACTUALLY MAKING A PROFIT.
--
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*
Post a reply to this message
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |
|
![](/i/fill.gif) |
| ![](/i/fill.gif) |
|
![](/i/fill.gif) |