Koen wrote:
>yahoo must be an incredible company to work for (if you can take being
>"owned" for some x years): what i've heard from various sources is that they
>treat their people very very well, and that everybody works like crazy.
Well, now after spending $4.6 billion on Geocities, I imagine they're going
to be working even harder trying to figure out how to plug the hole in the
dike since Geocities lost some $19 million last year.
I'm still scratching my head trying to figure out how money-losing
companies can be worth so much money on the stock market. I can see it with
a company like Amazon.com, which appears to be a viable business model. But
with a company like Starseed, which has virtually no income, gives away its
services, and (unlike Yahoo) hasn't been very successful in selling ad
space... I just don't get it. Perhaps I have had the notion that businesses
need to make a profit drilled too firmly into my head.
Interesting view came from US Federal Reserve Chairman Greenspan last week,
who optimistically sees the current Internet stock market craze as a good
thing, because it pumps money for business development into new businesses
before they've had an opportunity to make any money on their own. He
likened it to a stock market lottery where the vast majority will be
losers, but one or two will strike it rich big time.
Suz
Suzanne Stephens, Dave Stephens Design; Ashland, Oregon
541-552-1190 http://www.KickassDesign.com/
Jewelry for Internet @ddicts:
http://www.kickassdesign.com/geek_jewelry/
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