Comment The Future (Score 1, Redundant) 118
We've been ten years away from economically viable nuclear fusion for the last fifty years.
We've been ten years away from economically viable nuclear fusion for the last fifty years.
They made 1000x that in profit last quarter. They have $50 billion in the bank. $4.5 million is rounding error to Apple.
This also means that it's the 10th anniversary of my first major investment: Putting a small wad of money in a tech-heavy mutual fund. Reader, it is I who precipitated the dot-com collapse, by my first foray into the market. Sorry about that.
Novell's basically had $1B cash for over a decade now, and through several acquisitions (SUSE, Ximian, Platespin, others).
I think $1B for the rest of the company is a low bid. Again, it's worth more in pieces, which I would guess would be the primary interest of the hedge fund. They're not delivering much shareholder value with a bid $1 above the current trading price--the stock has fluctuated that much in the past few months. The letter implies they intend to grow the company, but that wouldn't provide additional shareholder value if the company is privately held, would it?
I have a VERY IMPORTANT meeting on the Moon, and I HAVE to be there by 2020! You can't just postpone flights and expect to stay in business!
Just put in a ton of CREE LR6s in our kitchen/family room renovation. 650 lumens at only 12 watts (a 65W floodlight replacement.) The CRI is 92 with the 2700K bulb. Power factor is > 0.95. Rated at 50,000 hours (and have a 3 year warranty if they die before then) These are great bulbs. They retail for about $100, I was able to get them for $80/per on sale.
TV shows DO NOT work that way!
An inclined plane is a slope up. -- Willard Espy, "An Almanac of Words at Play"