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Larry Meyers  

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  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    bwahahahaha! I see you have a personal vendetta against me. Okay, that works fine for generating credibility on your end.
    ROFLMAO.
    Feb 27, 2012. 06:23 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    Very good. You admit there's a capital strike. What will break the capital strike? A President who is pro-business, and not one trying to dismantle business via regulatory overreach. That by definition is anyone but Obama.
    Feb 26, 2012. 01:36 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    I said they won't do anything with their money. They will do nothing.
    Feb 25, 2012. 07:34 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    "A twisted, small mind". That's very nice, citypound. Thank you for contributing to the discussion.

    Now, rather than make a political statement, why don't you address the substance of the article -- why there is a capital strike.

    Not holding my breath....
    Feb 25, 2012. 02:30 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    "The need for supporting evidence"....Gee, who'd have thought that asking you for it would result in such vitriol.

    I've asked you several times to support your case for why there is or isn't a capital strike. You instead turn the request into a political statement.
    Feb 25, 2012. 02:29 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    Rubbish? Okay, so please provide your rebuttal. Otherwise, you're just a name-caller.
    Feb 25, 2012. 02:27 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    But Vince, you must CITE some kind of source to be credible! Didn't you read the other poster?
    Feb 23, 2012. 09:20 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    Hmmm....well, I'll take that as a backhanded compliment.
    Feb 23, 2012. 09:20 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    Thank you, sir.
    Feb 23, 2012. 09:19 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    There are likely SEC issues associated with how they spend that cash, because it is not theirs. It belongs to shareholders. I don't disagree with you.

    Take Ashford Hospitality Trust (NYSE: AHT), of which I am long. They just took $20MM of their liquidity to set up an internal hedge fund to buy the stocks of other hotel companies.
    Feb 23, 2012. 09:19 PM | 1 Like Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    As I said, the evidence speaks for itself. No quotes or links are even necessary. One merely need educate oneself by reading on one's own the extent to which Obama's governmental overreach has destroyed business and frightened capital.

    And I think you're projecting with regards to being close-minded.
    Feb 23, 2012. 09:18 PM | Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    First, call them what they are -- Liberals. They are not "progressive".

    And yes, I am aware of all their anti-social Alinsky-style tactics. I have had 15 of them defriend me from Facebook. Fortunately, I wrote an article about that, too.

    http://bit.ly/y3lPFt
    Feb 23, 2012. 09:16 PM | 2 Likes Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    Wow. Thank you for your spirited defense and your incredible compliment.
    Feb 23, 2012. 09:12 PM | 1 Like Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    Most companies hold either cash or short term investments, meaning short-term corporate paper or possibly Treasuries. If you were on the board, you would seek to maximize a return on investing that capital. But here's the problem: what is the best investment of that capital at this time?

    1) Return to shareholders? Nope. The economy is still struggling. In times like that, you want to hold onto cash.
    2) Repurchase stock? Possibly, but only if you think the stock is undervalued and those companies with tons of cash generally are not.
    3) Invest to grow the business further? They are all doing that to some extent. Look at the capital expenditures on the cash flow statement. But they are doing so gingerly because the economy is not really recovering completely.
    4) Hire more people? See #3.

    What is not listed in this article is what is going on with private equity, where I do most of my own business. There is tremendous amounts of capital sitting on the sidelines, because these funds invest in fast-growing companies in emerging industries, or in the "middle market" -- companies that have seen success and are ready for the next stage of growth. However, with regulatory uncertainty that could torpedo any initiative -- particularly those that are in any way regulated by the government -- there is too great a risk that the investment will be lost.

    Check out the link on the words, "I have witnessed a capital strike".

    What you don't hear from any of the detractors above is this: why do THEY think there's a capital strike?
    Feb 23, 2012. 11:53 AM | 1 Like Like |Link to Comment
  • What Apple, And Everyone Else, Will Do With Their Cash Piles [View article]
    Do your research. You are welcome to debunk the articles cited, which was done purely because of editorial requirement. But you don't even need to. Since when do SECURED CREDITORS get crammed down in a takeover or BK of any kind?

    Pointing to the current success by a corp or hedge fund is not an argument against the reason behind the capital strike. Simple question back to you: why do you think there's a capital strike?
    Feb 23, 2012. 11:46 AM | Likes Like |Link to Comment
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