That ges challenges are worse than anybody else in the market. They say its bod and could potentially get worse. So the problem with that kind of prognosis for shareholders is, you know, this this historically has been a orphan stock. Some people said i dont really need high returns. I feel like this company is going to endure and it will be like good enough or a market stock, and that has not been the case for a while the situation has been deteriorating. Its almost become a conglomerate, but in the negative connotation where people are saying why does this thing even exist in its current form, and, you know, maybe new management and some of the changes they are going to make cant happen fast enough. I mean, look, widely held name, a name you yourself had far different thoughts about lets say 18 months ago, had owned it you threw in the towel the best i know. It was technical. Im not like looking to get involved with the board. I bought the stock on a false breakout and i sold it for
Joins us from the imf fall meeting in washington. Also kara swisher. Kara, good morning to you. Hi, how are you doing good. A lot to get to. Our top story and the growing backlash against big tech. Amazon is suspending roy price on allegations of mismanagement, Sexual Harassment, and allegations of his close relationship with Harvey Weinstein as rose mcgowan called out the amazon executive, saying price acquisitioned her in 2014. Heres just a sampling jeff bezos, i told the head of your studio that Harvey Weinstein raped me over and over i said it, he said it hadnt been proven, i said i was the proof. I was ignored, deal was done amazon won a dirty oscar jeff bezos, im calling on you to stop funding rapists, alleged pedos and sexual harassers i love amazon, but there is rot in hollywood New York Times saying tech giants once seen as saviors, now viewed as threats. Theres, obviously, a lot to unpack here, kara, but lets zero in on amazon to start with. How disruptive is this well, you k
Boy, josh, you looking a the price target increases, every day. Monday you got a couple firms, wednesday two more and thursday three and friday today, two more the stock goes over 200 for the first time ever. Morgan stanley today, 225. Goldman goes to 235. Nobody should ever listen to my opinion on netflix. I bought it hat like 70 and sold it at 100. Thats 100 points ago. I i just look, its not that i disliked it i just never felt like i really understood how it would get as big as it now is, and to some extent i still dont i understand how powerful the content is i dont disagree i pay for it myself. I just ive always looked at this segment of the market as hypercompetitive, and you know what it was and still is, but netflix is an amazing competitor, and the content, goldmans note, the content is driving stocks and if you were slow to understand that you missed a lot of it and im in that camp. Im sure ill hear i cant own it, too expensive, too rich for me those arent the kind of stocks
Saturday was Reminisce Day for the Archbold High School Class of 1963 as 24 class members gathered at a facility owned by classmate Susan Short Wyse and her husband Steve