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BroadVision Handing Out Free Money

sorry, above I meant "if a company bought BVSN's software".

I looked at their 10k on the edgar site. Revenue was double 2008's number in 2004, and the trend down is clear with each year dropping. Most of the revenue is now services, which is a bad sign for an ISV. $23M in 2008 was services, $12M was software. That's incredible really. During the bubble years they probably sold a single license(mabye) for as much as $12M.

BroadVision Handing Out Free Money

WADR Joesph, if a company bought BVSN's during the bubble years, it was later considered a huge mistake. The product is slow and very expensive to maintain. Programming talent familiar with the product was very expensive. I would assume their only revenue source would be maintenance revenue and perhaps services for a shrinking customer base. Your article has caught my attention though, and I am going to look into this.

The Wall Street Pay Dilemma: Not Much of a Dilemma at All

Great article

Why AIG Wasn't Allowed to Fail

"again out of destruction a new spirit of creativity arises"...Here's my beef with all the bailouts. All these firms failed, and if they failed for real(no gov't bailout), the smart, aggressive people who work for them would form 1000's of new companies and take the old clients with them. This would mean a new, smarter, leaner, better Wall St. Who doesn't want this? The elite who are at the top of the pyramid of course. Paulson and buddies don't want this.

Our gov't has screwed us of a new Wall Street. We have interfered with Darwinism.

The 15 Most Cash Rich Companies

Bill Gates doesn't understand the H1B issue. Seriously, his company is one of the top 5 issuers of H1B visas, but the other four are all Indian companies that sell bodies to US companies, mostly banks which is ironic.

The other companies are Infosys, Wipro, etc. A typical gig for them would be to take over the QA department from a US Bank's IT shop.

The reason they send the person here, to work for Wells Fargo for example, is that this person is the "on-site" person, and the goal of the onsite person is to communicate with 5 people who work "offshore". The H1B person learns what the Americans do, and then communicates with the offshore team, allowing the bank to eventually layoff all the Americans, as now they have an army of $20/hr people in India.

Gates simply doesn't understand this, because he actually hires the people to do work for MSFT, not to use them as cheap outsourced labor for corporate clients.

If you want to read more about this, here's a decent description, about half way down the page, www.tinyurl.com/h1bsca...


On Mar 13 12:29 PM Smart1 wrote:

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The Andrew Jackson Portfolio - Nine Stocks for $20

I would rather spend the $20 on two shares of WFC than buy any stock in that article.

Barron's Calls a Bottom

How can you say P/E ratios are low when predicting earnings is so difficult? American savings rates are going through the roof. Good luck predicting earnings when people are terrified to spend money.

I would only value companies on balance sheets right now.

eBay: Where It Stands, Where It Should Be Headed

My wife uses eBay as the primary sales channel for her business. In doing her books for 2008, I realized that eBay and Paypal fees eat up 25% of her revenue. Something like 10% would seem more reasonable, but I think(need to confirm this) that she has a lot of ads where the product isn't sold. Also, she sells clothes and I believe they make her do three ads for Small, Medium, Large, as an example.

She would bail on them at the first sign of a legit competitor.

BoA (BAC) becomes the first U.S. bank to withdraw job offers made to foreign students graduating from U.S. business schools. BoA points to its bailout terms, which restrict the bank from applying for visas for highly skilled immigrants if U.S. workers have recently been made redundant.

What about the 1000s of people working for BAC, via Accenture and other offshore firms? The H1B is all about getting a foot in the door, and then creating 4 or 5 jobs in India for the one person working for Infosys, Accenture, etc, here on the H1B.

tinyurl.com/h1bscam