Posted
11:53 AM
by Gene

THE ABSURDITY OF THE WALL STREET CASINO: Here TiVo's chugging along for months, doing mostly nothing, then all of a sudden it goes WAY UP. Then it chugs along at its new elevated price and all of a sudden it goes WAY DOWN. Here in the proverbial nutshell is why WALL STREET can start PANICS, and why a few computers and brainiacs have the power to bring down economies.
P. S. at 10:35 p. m.
It went up and then down thanks to two rulings in a patent-infringement suit against DirecTV. It still looks ludicrous.