- This topic has 445 replies, 33 voices, and was last updated 15 years, 6 months ago by
SD Realtor.
-
AuthorPosts
-
November 11, 2008 at 1:19 PM #303206November 11, 2008 at 1:23 PM #302755
patientlywaiting
ParticipantSD Realtor, you seem to be blaming the messengers.
People who predicted this crisis just looked at fundamentals and determined that our economic model was out of whack.
The recession is not something that could be wished away.
It would have been better for the Pollyannas to plan for the future rather than cast aspersions on those who foresaw the worst.
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
Microsoft is no longer buying Yahoo! for a reason. I’m betting that Microsoft will end up with Yahoo! at a very steep discount in the depth of the recession.
The neighborhoods where professionals live will see major declines like the rest of San Diego.
SD Realtor, are you still submitting low-ball offers?
November 11, 2008 at 1:23 PM #303118ParticipantSD Realtor, you seem to be blaming the messengers.
People who predicted this crisis just looked at fundamentals and determined that our economic model was out of whack.
The recession is not something that could be wished away.
It would have been better for the Pollyannas to plan for the future rather than cast aspersions on those who foresaw the worst.
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
Microsoft is no longer buying Yahoo! for a reason. I’m betting that Microsoft will end up with Yahoo! at a very steep discount in the depth of the recession.
The neighborhoods where professionals live will see major declines like the rest of San Diego.
SD Realtor, are you still submitting low-ball offers?
November 11, 2008 at 1:23 PM #303128ParticipantSD Realtor, you seem to be blaming the messengers.
People who predicted this crisis just looked at fundamentals and determined that our economic model was out of whack.
The recession is not something that could be wished away.
It would have been better for the Pollyannas to plan for the future rather than cast aspersions on those who foresaw the worst.
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
Microsoft is no longer buying Yahoo! for a reason. I’m betting that Microsoft will end up with Yahoo! at a very steep discount in the depth of the recession.
The neighborhoods where professionals live will see major declines like the rest of San Diego.
SD Realtor, are you still submitting low-ball offers?
November 11, 2008 at 1:23 PM #303145ParticipantSD Realtor, you seem to be blaming the messengers.
People who predicted this crisis just looked at fundamentals and determined that our economic model was out of whack.
The recession is not something that could be wished away.
It would have been better for the Pollyannas to plan for the future rather than cast aspersions on those who foresaw the worst.
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
Microsoft is no longer buying Yahoo! for a reason. I’m betting that Microsoft will end up with Yahoo! at a very steep discount in the depth of the recession.
The neighborhoods where professionals live will see major declines like the rest of San Diego.
SD Realtor, are you still submitting low-ball offers?
November 11, 2008 at 1:23 PM #303201ParticipantSD Realtor, you seem to be blaming the messengers.
People who predicted this crisis just looked at fundamentals and determined that our economic model was out of whack.
The recession is not something that could be wished away.
It would have been better for the Pollyannas to plan for the future rather than cast aspersions on those who foresaw the worst.
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
Microsoft is no longer buying Yahoo! for a reason. I’m betting that Microsoft will end up with Yahoo! at a very steep discount in the depth of the recession.
The neighborhoods where professionals live will see major declines like the rest of San Diego.
SD Realtor, are you still submitting low-ball offers?
November 11, 2008 at 2:19 PM #302795NotCranky
ParticipantJob security was in decline a long time before this recession. At least 15 years ago one could look at the job market and understand that. Living UNDER one’s means seemed like a requirement since then.A little period of (credit driven)prosperity didn’t fundamentally change anything but probably a lot of people thought it did.
The frequent pronouncement, a decade or so ago, that the U.S. was becoming to a greater and greater extent, a service economy,sent up red flags too.I remember hearing on the radio,can’t remember who the speaker was, but he said with what seemed like great pride, “We are now a service economy” I said WTF? Although I work in that sector,and I don’t want to do otherwise, Those claims didn’t have the sound of sustainability. I am not saying that I am an authority on this. Maybe my layman’s views are completely messed up? It seems like there were plenty of reason to be cautious.Service economy, plus credit boom, seemed like a bad combination.
November 11, 2008 at 2:19 PM #303159ParticipantJob security was in decline a long time before this recession. At least 15 years ago one could look at the job market and understand that. Living UNDER one’s means seemed like a requirement since then.A little period of (credit driven)prosperity didn’t fundamentally change anything but probably a lot of people thought it did.
The frequent pronouncement, a decade or so ago, that the U.S. was becoming to a greater and greater extent, a service economy,sent up red flags too.I remember hearing on the radio,can’t remember who the speaker was, but he said with what seemed like great pride, “We are now a service economy” I said WTF? Although I work in that sector,and I don’t want to do otherwise, Those claims didn’t have the sound of sustainability. I am not saying that I am an authority on this. Maybe my layman’s views are completely messed up? It seems like there were plenty of reason to be cautious.Service economy, plus credit boom, seemed like a bad combination.
November 11, 2008 at 2:19 PM #303168ParticipantJob security was in decline a long time before this recession. At least 15 years ago one could look at the job market and understand that. Living UNDER one’s means seemed like a requirement since then.A little period of (credit driven)prosperity didn’t fundamentally change anything but probably a lot of people thought it did.
The frequent pronouncement, a decade or so ago, that the U.S. was becoming to a greater and greater extent, a service economy,sent up red flags too.I remember hearing on the radio,can’t remember who the speaker was, but he said with what seemed like great pride, “We are now a service economy” I said WTF? Although I work in that sector,and I don’t want to do otherwise, Those claims didn’t have the sound of sustainability. I am not saying that I am an authority on this. Maybe my layman’s views are completely messed up? It seems like there were plenty of reason to be cautious.Service economy, plus credit boom, seemed like a bad combination.
November 11, 2008 at 2:19 PM #303185ParticipantJob security was in decline a long time before this recession. At least 15 years ago one could look at the job market and understand that. Living UNDER one’s means seemed like a requirement since then.A little period of (credit driven)prosperity didn’t fundamentally change anything but probably a lot of people thought it did.
The frequent pronouncement, a decade or so ago, that the U.S. was becoming to a greater and greater extent, a service economy,sent up red flags too.I remember hearing on the radio,can’t remember who the speaker was, but he said with what seemed like great pride, “We are now a service economy” I said WTF? Although I work in that sector,and I don’t want to do otherwise, Those claims didn’t have the sound of sustainability. I am not saying that I am an authority on this. Maybe my layman’s views are completely messed up? It seems like there were plenty of reason to be cautious.Service economy, plus credit boom, seemed like a bad combination.
November 11, 2008 at 2:19 PM #303242ParticipantJob security was in decline a long time before this recession. At least 15 years ago one could look at the job market and understand that. Living UNDER one’s means seemed like a requirement since then.A little period of (credit driven)prosperity didn’t fundamentally change anything but probably a lot of people thought it did.
The frequent pronouncement, a decade or so ago, that the U.S. was becoming to a greater and greater extent, a service economy,sent up red flags too.I remember hearing on the radio,can’t remember who the speaker was, but he said with what seemed like great pride, “We are now a service economy” I said WTF? Although I work in that sector,and I don’t want to do otherwise, Those claims didn’t have the sound of sustainability. I am not saying that I am an authority on this. Maybe my layman’s views are completely messed up? It seems like there were plenty of reason to be cautious.Service economy, plus credit boom, seemed like a bad combination.
November 11, 2008 at 2:28 PM #302810HereWeGo
Participant[quote=patientlywaiting]
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
[/quote]
Yup. That one hits a wee bit close to home. Needless to say, my coworkers don’t wanna believe me.
November 11, 2008 at 2:28 PM #303174Participant[quote=patientlywaiting]
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
[/quote]
Yup. That one hits a wee bit close to home. Needless to say, my coworkers don’t wanna believe me.
November 11, 2008 at 2:28 PM #303183Participant[quote=patientlywaiting]
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
[/quote]
Yup. That one hits a wee bit close to home. Needless to say, my coworkers don’t wanna believe me.
November 11, 2008 at 2:28 PM #303200Participant[quote=patientlywaiting]
The layoffs at Amylin are the beginning of tech in San Diego being devastated. Cash flow negative companies, of which there are plenty in San Diego, won’t make it. Investors were buying companies, like houses, with the anticipation of appreciation. Take away appreciation and the capital dries up.
Even if a company’s technology is good, why fund the negative cash flows and overhead when you can eventually buy the technology at fire sale?
[/quote]
Yup. That one hits a wee bit close to home. Needless to say, my coworkers don’t wanna believe me.
-
AuthorPosts
- You must be logged in to reply to this topic.