Visa IPO Price Set

About $44 per share, and 17.9 billion dollars in market capital. It’s just the natural course of things. Create a company that is based upon building up debt. Get the debt up to record levels! Just as it looks as though major defaults may be around the corner, spin the company off in an IPO! [...]

Sharper Image Bankruptcy

Like an end of another era, Sharper Image has filed for bankruptcy. Remember getting those catalogs and thinking “Wow, this is pretty cool stuff!” It’s hard to believe the company is actually 31years old. There always seemed to be something that was cutting edge, new, or just plain interesting. Getting the catalog and reading [...]

Ebay Boycott Cancelled

Or is it? A few weeks ago Ebay announced new listing fees for sellers. In effect, it lowers the upfront cost of listing a product, but increases the overall cost once the item is sold. The idea is based upon sales success, and it has done nothing but enraged sellers. The new fees have enraged [...]

Ethanol Bad for Environment

Crops consume carbon dioxide when they grow but add it when they’re burned, so it balances itself right? Corn Ethanol and Soybean diesel sound like a good option but there’s a sinister downside to the use of bio-fuels. It’s twice as bad as burning gasoline in terms of greenhouse gasses and global warming.
Princeton Universities Tim [...]

Microsoft + Yahoo = 2 Google?

Google is upset that Microsoft wants to take over Yahoo. Yahoo with Microsoft and their search website –www.live.com together do not surpass Google’s search volume, but it would allow the two together to get a significant amount of search traffic and perhaps overtake Google at sometime in the future. The takeover bid could set [...]

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