Betting on the Engineers
dilbert.com
Betting on the Engineers
1–10 of 55 posts
Re: Betting on the Engineers
#2This is almost exactly the opposite sentiment as was voiced by Bill Joy just yesterday about Sun's downfall:
> As for Sun's downfall, Joy traces it back to the fact that the company's business changed, leaving much of its research in areas where Sun no longer had products.
He also blamed the business side for not doing a better job of selling what the technologists at Sun created.
"I think if you wound the clock back, I'd like to think that we invented stuff in engineering that could have been marketed better," he said.
Re: Betting on the Engineers
#3Christ, Scott actually bought BP stock after the oil spill?
I can see how his "buy stock of evil companies" strategy might work, but typically you do that when the company is actually doing well, and not, say, when they're about to be curb stomped by the US government.
Also, his complaint about the "liberal media" is somewhat disingenuous, seeing as how he is part of the liberal media, what with the anti-corporate comic strip and the vegetarianism and the belief in affirmation and the whoa-hoy and the glaven.
Re: Betting on the Engineers
#4Christ, Scott actually bought BP stock after the oil spill? I can see how his "buy stock of evil companies" strategy might work, but typically you do that when the company is actually doing well, and not, say, when they're about to be curb stomped by the US government. Also, his complaint about the "liberal media" is somewhat disingenuous, seeing as how he is part of the liberal media, what with the anti-corporate co…
I can see how his "buy stock of evil companies" strategy might work, but typically you do that when the company is actually doing well, and not, say, when they're about to be curb stomped by the US government.
But if you're really smart, you buy when they've just been curb-stomped but not killed, then sell after they recover and return to their prior growth curve. (This presupposes that the company does not die and has an upward sales curve.)
Re: Betting on the Engineers
#5Christ, Scott actually bought BP stock after the oil spill? I can see how his "buy stock of evil companies" strategy might work, but typically you do that when the company is actually doing well, and not, say, when they're about to be curb stomped by the US government. Also, his complaint about the "liberal media" is somewhat disingenuous, seeing as how he is part of the liberal media, what with the anti-corporate co…
Up until today their stock price was down 25% from a month ago. He's pretty clearly betting that the short-term damage to the stock from the media coverage is just a blip in the long-term outlook of a pretty successful company.
Re: Betting on the Engineers
#6Damnit. When I click on Dilbert links, I want to be entertained. The world is too depressing to read a serious blog entry from such a comedic genius.
Re: Betting on the Engineers
#7Christ, Scott actually bought BP stock after the oil spill? I can see how his "buy stock of evil companies" strategy might work, but typically you do that when the company is actually doing well, and not, say, when they're about to be curb stomped by the US government. Also, his complaint about the "liberal media" is somewhat disingenuous, seeing as how he is part of the liberal media, what with the anti-corporate co…
Up until today their stock price was down 25% from a month ago. He's pretty clearly betting that the short-term damage to the stock from the media coverage is just a blip in the long-term outlook of a pretty successful company.
One might quibble that the long term outlook of an oil company are perhaps not the best.
Of course, they've got the alternative energy division, which had $5 billion in sales in 2008. Pity it operated at a net loss, costing BP one and a quarter billion dollars.
Re: Betting on the Engineers
#8Earlier quoted context omitted.
Up until today their stock price was down 25% from a month ago. He's pretty clearly betting that the short-term damage to the stock from the media coverage is just a blip in the long-term outlook of a pretty successful company.
One might quibble that the long term outlook of an oil company are perhaps not the best. Of course, they've got the alternative energy division, which had $5 billion in sales in 2008. Pity it operated at a net loss, costing BP one and a quarter billion dollars.
well, "long term" as in next few years, not 50 years.
Re: Betting on the Engineers
#9This is almost exactly the opposite sentiment as was voiced by Bill Joy just yesterday about Sun's downfall: > As for Sun's downfall, Joy traces it back to the fact that the company's business changed, leaving much of its research in areas where Sun no longer had products. He also blamed the business side for not doing a better job of selling what the technologists at Sun created. "I think if you wound the clock back…
Did you read the article, or just the headline? Your post looks like "just the headline".
Re: Betting on the Engineers
#10Christ, Scott actually bought BP stock after the oil spill? I can see how his "buy stock of evil companies" strategy might work, but typically you do that when the company is actually doing well, and not, say, when they're about to be curb stomped by the US government. Also, his complaint about the "liberal media" is somewhat disingenuous, seeing as how he is part of the liberal media, what with the anti-corporate co…
I suppose if one thought both a) it isn't really so bad and b) the government is going to deliver a (self-)righteous spanking to them and spook other investors, one could buy call options for next year.