I'm sure the same thing has been said about many other successful, value-generating companies as well. But we are talking about Groupon, which, in addition to everything that is wrong with it on the level of concept, is also badly managed. Good luck to anyone who hopes to profit from that magical combination.
Groupon is a terrible idea. It exploits small business by "offering" to give their services away for free (though mostly at a loss). The rational is that participating will increase market share. But that's not what's happened. And it's no surprise. Give something away for nothing (or next to nothing) and that's exactly what people think their getting. It's just a really bad IDEA - a bad marketing scheme for the business clientele that have so far participated in (and are the bread and butter of) this hackneyed scheme.
Is Facebook Morphing Into The Web's OS? [View article]
Facebook has no real competition at the moment, but aesthetically, and as far as cultural experiences go, Facebook is on par with Walmart. Yes, it's big, and it's also incredibly ugly. It's a giant (for now) but as soon as someone else with better taste figures out how to do what they do better - people will be leaving in droves.
It's existence does not appear to be correlated with the share price, which was my point - and that is, that consumers have been fed up with bad product and bad service from HP for quite some time and that they're quite vocal about it.
HP has gone downhill for the last 5 years is generally loathed by anyone who has to deal with their product. Google "I hate hp" and you will find literally, thousands of complaints - including dedicated tech sites that articulate the finer points of what's wrong and what isn't working. (http://bit.ly/HQ9vpy). There is a facebook page titled "I Hate HP". Anyone betting on this company is nuts.
Use Weakness On Canadian Wireless Decision To Buy Rogers, Bell [View article]
I think you should take note that Steven Harper is fully committed to developing more extensive trading relationships with China - the US has far, far more to lose than Canada on this score, obviously. In other words, the US is far more dependent on Canadian resources than Canada is on US trade.
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