The manic phase is clearly upon us. Twitter is planning in an $11 billion valuation based on quarterly revenue of $168 million and a quarterly loss of $64 million. Amazon surged after hours on yet another loss report, despite losing more money this quarter than last. Ah but Amazon is the queen of Internet 2.0. Give me a break. Meanwhile the economy is quietly rolling over, all talk of tapering has vanished and now even rumors of increased QE are circulating.
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Location : Port Orange, Florida, United States
I'm an independent investor. I make my living from the returns on my investments and have done so for more than 20 years now. My background is in IT, everything from sysadmin through datacenter manager through hardware and software product management. marketing and development to CTO. Plus a side trip in banking. I sail and fly. -
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