Contact at Ubiquiti Networks?

Etienne-Victor Depasquale edepa at ieee.org
Sat May 30 10:41:33 UTC 2020


I disagree with your certainty, Saku. That's best left to results in
papers, as you correctly point out.



On Wed, May 27, 2020 at 9:07 AM Saku Ytti <saku at ytti.fi> wrote:

>
>
> On Wed, 27 May 2020 at 10:00, Mel Beckman <mel at 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
>


-- 
Ing. Etienne-Victor Depasquale
Assistant Lecturer
Department of Communications & Computer Engineering
Faculty of Information & Communication Technology
University of Malta
Web. https://www.um.edu.mt/profile/etiennedepasquale
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