Hope none of you work for these companies

Mrs Brother Bob · 09-22-2009, 03:19 PM

Ten Big Companies That Are Veering Toward Bankruptcy: Tech Ticker, Yahoo! Finance

Rambo · 09-22-2009, 05:36 PM

I got stock in all those companies! There goes my 401k. Again! I hope I can sell all these guns for more than I paid for them.

nathangdad · 09-22-2009, 06:40 PM

I appreciate it.

Note: A very common denominator is the massive debt these companies accumulated on the hope they would keep making more and more money to retire the debt. Far too many people put far too much faith in the bond market thinking there are just assets everywhere to secure the bonds. Well, as we can see this is not happening in the cases of a large number of multinationals.

AMD = a tricky legal situation. The European Union and others are seriously looking at INTEL for a variety of abusive and illegal actions to dominate the market thus keeping AMD from competing. If AMD comes out a winner the resulting lawsuit against INTEL will stabilize the firm.
Otherwise, AMD is another firm with good products that cannot carry their debt load.

Again, thanks for the timely and informative post.

BenchRest · 09-22-2009, 07:30 PM

Food for thought…
I’m by far not a Wall Street trader but, when the govt bailed out certain companies with out telling everyone who got the billions…
Isn’t that a kind of insider trading?

stalebiscuit · 09-22-2009, 07:58 PM

Quote:

Originally Posted by Rambo

I got stock in all those companies! There goes my 401k. Again! I hope I can sell all these guns for more than I paid for them.

i always say guns are like CD's............that are more useful

Todd Bayliss · 09-22-2009, 08:50 PM

Don't worry. It's OK. The Fed says the "recession" is over.

Reminds me of the guy in the final scene of "Animal House", standing on the mailbox shouting "Don't be alarmed! All is well!".

TeeRex · 09-22-2009, 09:10 PM

Quote:

Originally Posted by Todd Bayliss

Don't worry. It's OK. The Fed says the "recession" is over.

Reminds me of the guy in the final scene of "Animal House", standing on the mailbox shouting "Don't be alarmed! All is well!".

All that means is we are at rock bottom. Things will get better but it will not like like the flip of a switch. I used to work for a competitor of one of those companies. Glad I'm out of that industry!

TACAV · 09-22-2009, 10:31 PM

heh Im not surprised that sprint/nextel is "bleeding customers" every family member or friend I know who uses them or is forced to use (work related phones) them in several different states hates their service.

09-22-2009, 03:19 PM	#1
Mrs Brother Bob Senior Member Join Date: Feb 2009 Location: Olive Branch, Mississippi Posts: 127	Hope none of you work for these companies Ten Big Companies That Are Veering Toward Bankruptcy: Tech Ticker, Yahoo! Finance __________________ It's "...one nation UNDER GOD..." or bite my skinny old azz and leave!

09-22-2009, 05:36 PM	#2
Rambo Senior Member Join Date: Mar 2008 Location: Iowa Posts: 2,841	I got stock in all those companies! There goes my 401k. Again! I hope I can sell all these guns for more than I paid for them. __________________ I live to hunt and hunt to live.

09-22-2009, 06:40 PM	#3
nathangdad Senior Member Join Date: Nov 2007 Posts: 6,056	Thanks for the informative post I appreciate it. Note: A very common denominator is the massive debt these companies accumulated on the hope they would keep making more and more money to retire the debt. Far too many people put far too much faith in the bond market thinking there are just assets everywhere to secure the bonds. Well, as we can see this is not happening in the cases of a large number of multinationals. AMD = a tricky legal situation. The European Union and others are seriously looking at INTEL for a variety of abusive and illegal actions to dominate the market thus keeping AMD from competing. If AMD comes out a winner the resulting lawsuit against INTEL will stabilize the firm. Otherwise, AMD is another firm with good products that cannot carry their debt load. Again, thanks for the timely and informative post.

09-22-2009, 08:50 PM	#6
Todd Bayliss Senior Member Join Date: Aug 2007 Location: Birmingham, AL Posts: 591 Blog Entries: 1	Don't worry. It's OK. The Fed says the "recession" is over. Reminds me of the guy in the final scene of "Animal House", standing on the mailbox shouting "Don't be alarmed! All is well!". __________________ "Victim Selection Error"- Available at Amazon.com http://www.mtoddbayliss.com

09-22-2009, 10:31 PM	#8
TACAV Senior Member Join Date: Feb 2005 Posts: 1,983	heh Im not surprised that sprint/nextel is "bleeding customers" every family member or friend I know who uses them or is forced to use (work related phones) them in several different states hates their service. __________________ AR FS http://www.gunandgame.com/forums/firearms-listings/94532-ar15-target-rifle.html#post1113962

09-22-2009, 07:30 PM	#4
BenchRest Senior Member Join Date: Sep 2008 Location: VA Posts: 363	Food for thought… I’m by far not a Wall Street trader but, when the govt bailed out certain companies with out telling everyone who got the billions… Isn’t that a kind of insider trading?