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05-23-2012, 01:55 PM
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Senior Member
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Join Date: May 2009
Location: SF east bay
Posts: 4,456
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Interesting breakdown and explanation video report on CBS. Other related today's video reports on the right too.
http://www.cbsnews.com/video/watch/?id=7409454n
Carl
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05-23-2012, 02:09 PM
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Senior Member
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Join Date: May 2009
Location: SF east bay
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Great article Rob.
Carl
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05-23-2012, 03:24 PM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Quote:
Originally Posted by whell
Do you actually believe that Morgan Stanley set the value of the IPO on their own? Did they calculate the shares of stock available in the IPO on their own? Did they dictate the timing of Zuckerberg's shares of stock on their own? Was Zuckerberg unaware of the late - moving revised guidance on revenue that preceded the IPO, and revised revenue expectations for Facebook downward?
Not likely.
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It does not matter what the price was set at. No one had to buy it. In fact many lucky people were precluded from buying the IPO.
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05-23-2012, 03:50 PM
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Jigsawed
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Join Date: May 2009
Posts: 11,189
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Quote:
Originally Posted by whell
Not my label. Zuckerberg and Sandberg are fairly open in their support for the Donkeys.
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This is very weak! Lefty label is deserving of more substantive association.
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05-23-2012, 03:57 PM
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Senior Member
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Join Date: Feb 2011
Location: San Diego California
Posts: 3,272
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Quote:
Originally Posted by whell
There's a difference between greed and operating in one's own self interest. Self interest does not include deceitful behavior, and includes by definition taking care of the folks that will be your customers. Greed is self - destructive.
The economic system is not based on greed, and this is a major flaw in the thought process of some on the left, including the current occupant of the White House. Individuals operate in a self destructive manner when they attempt to rig the system in their favor, manipulate others, and take on more risk than most others would find acceptable with their self destructive behavior.
Anyone can lose site of operating in their own self interest and succumb to greed. This is not behavior that is exclusive to the left or right. It may very well be operative in the unfolding story of the Facebook IPO, and as such should be instructive about the failures of individuals, not the indictment of an economic system.
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Beautifully stated Whell.
__________________
Dear Optimist: Unless life gives you water and sugar too, your lemonade will suck.
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05-23-2012, 03:59 PM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Quote:
Originally Posted by bhunter
Beautifully stated Whell.
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Cute but wrong.
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05-23-2012, 03:59 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 26,552
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Quote:
Originally Posted by whell
Not my label. Zuckerberg and Sandberg are fairly open in their support for the Donkeys.
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It stands to reason that these high-tech innovators are liberals. Nearly all are, as are the hotbeds of high-tech innovation (Cambridge, MA; Silicon Valley, CA; and Seattle, WA). You don't see a spate of high tech innovation coming out of Mississippi.
__________________
As long as the roots are not severed, all will be well in the garden.
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05-23-2012, 04:01 PM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Quote:
Originally Posted by finnbow
It stands to reason that these high-tech innovators are liberals. Nearly all are, as are the hotbeds of high-tech innovation (Cambridge, MA; Silicon Valley, CA; and Seattle, WA). You don't see a spate of high tech innovation coming out of Mississippi. 
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lol
...
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05-23-2012, 04:16 PM
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Loyal Opposition
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Join Date: Oct 2009
Location: Johnson County, Kansas
Posts: 14,401
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Quote:
Originally Posted by finnbow
It stands to reason that these high-tech innovators are liberals. Nearly all are, as are the hotbeds of high-tech innovation (Cambridge, MA; Silicon Valley, CA; and Seattle, WA). You don't see a spate of high tech innovation coming out of Mississippi. 
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So what happened to you. Bush voter and all.
Regards,
D-Ray
__________________
Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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05-23-2012, 04:27 PM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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IMHO, whoever invented the koozie has done far more to benefit mankind than these two jerkoffs who came up with Facebook.
Chas
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