So, You Think YOU'VE Lost A Lot Of Money??

Discussion in 'Blazers OT Forum' started by ABM, Mar 11, 2009.

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  1. ABM

    ABM Happily Married In Music City, USA!

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    OK, how about losing 65% of your estate in the last 12 months?

    From: Forbes

    [​IMG]

     
    ABM, Mar 11, 2009
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  2. maxiep

    maxiep RIP Dr. Jack

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    Not trading RLEC suddenly makes more sense.
     
    maxiep, Mar 11, 2009
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  3. AgentDrazenPetrovic

    AgentDrazenPetrovic Anyone But the Lakers

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    He invests in fringe technologies which are more passion projects than anything else.
     
    AgentDrazenPetrovic, Mar 11, 2009
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  4. Nate Dogg

    Nate Dogg Active Member

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    No wonder why hes been sick. Hes been stressed.
     
    Nate Dogg, Mar 12, 2009
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  5. maxiep

    maxiep RIP Dr. Jack

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    PA doesn't have any heirs, so he can spend the money on himself. Charter was a massive bet on convergence. Unfortunately for him, it was like those that bet on failed railroads in the 19th Century--he built a ton of infrastructure, but it's going to be purchased by the winner (Comcast) for pennies on the dollar.
     
    maxiep, Mar 12, 2009
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  6. The_Lillard_King

    The_Lillard_King Westside

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    Well that's not good news. The Blazer talk has been how the Blazers are going to take advantage of this down economy and the impact it is having on other owners while our owner can absorb the down economy and still dish out cash.

    Maybe not . . .
     
    The_Lillard_King, Mar 12, 2009
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