Jul 26, 2002
AOL reports profit.
AOL reports profit. Not a lot; more than expected, but this is a day after the SEC came to town. The value of my core holdings just pretty much vanished, also a day after the largest market surge in recent memory. Oh well. Hope the store turns into a success story because now it's my largest remaining investment.
My accountant has shown some improvement this month, so I decided not to fire him quite yet. He managed to come up with a staggering $7 billion in per share profits on gross sales of $2790.33. It was quite a trick. I'm proud of him for coming through. It's an amortization of a one-time credit adjustment through his off-shore account. I know better than to ask. It also helps that we have no shares. Heck, 75 billion a share. I can make up numbers just as good as they can...
But seriously, it turns out to be a left-pocket/right-pocket issue. Ask a serious gambler. Two pockets. Your play money is on the left and your winnings on the right. You need play money to play, but you have to take it from the right pocket. The worst thing you can do is throw your winnings in with your play money. The definition of play money is that it's going to get spent playing the game. The right pocket is where it's at. Put every dime you acquire in the right pocket.
No votes
Linux: Where Don't We Want To Go Today?
-- Submitted by Pancrazio De Mauro, paraphrasing some well-known sales talk
-- Submitted by Pancrazio De Mauro, paraphrasing some well-known sales talk

Digg
Delicious
Netscape
Technorati