Saturday, August 21, 2004

Google and the Playboy interview.

The title of this post has names of 2 public companies - only one is worth investing in right now! Hope you got this one right - it is Playboy (PLA). Playboy came out with disappointing earnings recently and now trades at a bargain price. I have been continuously adding to my holdings. It is now a good candidate for going private, given that the Hefner family owns most of the stock.
For the morally upright among my readers, i suggest as alternatives :

  • Enron, Worldcom : oops, these guys destroyed the savings of thousands of employees and fooled investors. Strike them out.
  • Healthsouth, Tyco, Adelphia : oops, wrong again. Greedy CEOs destroyed whatever faith was left in the system.
  • Haliburton, Riggs : Sleazy is all i can say. So, strike them out too.
  • Goldman Sachs, Morgan Stanley, Citibank etc; screwed millions of small investors by favoring big clients. They ensured that small investors like you would have been better off putting their money in bank CDs!

I give up! Playboy looks squeaky clean compared to these characters.

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