nanog mailing list archives
Re: Contact at Ubiquiti Networks?
From: Saku Ytti <saku () ytti fi>
Date: Wed, 27 May 2020 10:06:52 +0300
On Wed, 27 May 2020 at 10:00, Mel Beckman <mel () beckman org> wrote: Hertz car rental has the #1 product in its industry, even its major
competitor Avis agrees (“We’re number two“:-), and yet Hertz stock is plunging towards zero even as we speak. Stock price has nothing to do with product quality. Theranos, for example, had a completely fictional product, yet it stock price skyrocketed.
I agree with the sentiment that stock value cannot be used to glean ~anything, certainly not something specific like 'marketability of product'. I'd be interested in reading paper where stock value is determined to be more reliable than random metric on anything except stock value. However Hertz depreciation is caused by the anticipation that debtors will receive almost all of the equity, diluting the current owners by massive ratio. The value tries to reflect post-dilution value. My Stetson-Harrision analysis tells that current owners will end up owning less than 20% of Hertz and more than 80% goes to debtors. So by that logic, 80% of Hertz value is currently not trading. -- ++ytti
Current thread:
- Re: Contact at Ubiquiti Networks?, (continued)
- Re: Contact at Ubiquiti Networks? Ryan Hamel (May 27)
- RE: Contact at Ubiquiti Networks? Phil Lavin (May 27)
- Re: Contact at Ubiquiti Networks? Gary Godard via NANOG (May 27)
- Re: Contact at Ubiquiti Networks? Valdis Klētnieks (May 27)
- Re: Contact at Ubiquiti Networks? Mike Hammett (May 26)
- Re: Contact at Ubiquiti Networks? Aaron C. de Bruyn via NANOG (May 26)
- Re: Contact at Ubiquiti Networks? Mike Hammett (May 26)
- Re: Contact at Ubiquiti Networks? Tom Beecher (May 26)
- Re: Contact at Ubiquiti Networks? Etienne-Victor Depasquale (May 26)
- Re: Contact at Ubiquiti Networks? Mel Beckman (May 26)
- Re: Contact at Ubiquiti Networks? Saku Ytti (May 27)
- Re: not really Contact at Ubiquiti Networks? John Levine (May 27)
- Re: Contact at Ubiquiti Networks? Etienne-Victor Depasquale (May 30)
- Re: Contact at Ubiquiti Networks? Etienne-Victor Depasquale (May 30)
- Re: Contact at Ubiquiti Networks? Cummings, Chris (May 26)
- Re: [External] Contact at Ubiquiti Networks? Mike Hammett (May 26)
- Re: [External] Contact at Ubiquiti Networks? Josh Luthman (May 26)