danox

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danox
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  • Los Angeles school district's iPad program running grossly over budget

    Quote:

    Originally Posted by bullhead View Post

     

    i do not see the logic in giving students iPads.  A Chrome Book would make more sense IMO.  Basically the kids need acess to the internet, Google Docs would let them write reports, term papers, create presentations, spreadsheets, etc...  Sure you can still hack the Chrome Book to run Linux but having a keyboard on a dirt cheap device for kids who are going to loose, break, have stolen, etc... an IPad is not what they really need.


     

    A Google Chrome book is a piece of crap, what is the resale value nothing? At least they didn't get that wrong, besides if they go ahead with the program the district gets the cheaper price.

    neoncat
  • Carl Icahn says he'll consider shareholder proxy vote if Apple rejects his buyback plan

    Quote:

    Originally Posted by sog35 View Post

     

     

    Look what happened with Google purchasing Motorolla.  The purchase price was $20B and they are losing $1B each year.  Its not easy to make a big strategic purchase.  Most times it loses the company billions.


     

    Unless Apple was buying Tesla a big purchase makes no sense.

    neoncat
  • Carl Icahn urges Apple to make immediate tender offer for $150B in stock

    Quote:

    Originally Posted by brlawyer View Post

     

     

    Nothing. The only tyrant is that world-class criminal speculator called "Icahn" - now if only SJ were alive...he would definitely NOT afford his time to having such "dinners" with that kind of scum.


     

    You are right why have dinner or take calls from people like him makes absolutely no sense, Tim Cook has enabled this guy. 

    neoncat
  • Carl Icahn urges Apple to make immediate tender offer for $150B in stock

    Quote:

    Originally Posted by jungmark View Post





    I'm not saying he's an idiot. But the stock/company's success shouldn't be attributed to him. He's along for the ride while trying to suck out every dime for himself.

     

    The idiots are the people usually small investors, who listen to these guys Jamie Dymon, Bain inc.., Hedge Funds and Carl Icahn are parasites. 

    neoncat
  • Carl Icahn urges Apple to make immediate tender offer for $150B in stock

    Quote:

    Originally Posted by firhill07 View Post

     

    " My firm's success and my expertise as an investor would be difficult for anyone to argue."

    Of course, we know that you want to increase 1/2 percent share in the company to 1% without adding any more cash and do it immediately.

     

    "I hereby agree to withhold my shares from the proposed $150 Billion tender offer."

    Of course, as soon as the share price jumps,  you would be more than happy to take it off the table.

     

    "There is nothing short term about my intentions here."

    We know, your long term commitment is anywhere from 6-12 months.

     

    He has a point in technical terms and his objective is very clear.  As much as I want to believe that Apple has good plan to invest the money for strategic reasons, its hard to conceive why a company like Apple would need such a huge pile of cash. The fact that Cook and Oppenheimer met with him indicates to me that they are running out of ideas/opportunities to put that money to good use.


     

    Apple will need the money on the day the bubble bursts for Google, Netflix, Amazon, Priceline, and Facebook, fundamentals do matter over the long haul.

    neoncat