"Who will buy this wonderful life"

This has been asked before but world markets fluctuate.

So, its a buyer's market out there. DOW, DAX, FTSE, TSX Venture, SGX, AEX, NASDAQ - they all have bargains on offer and it's a "good thing" . You have prolly been buying or your pension fund has, SO,

If shares in SecondLife were being offered on Monday would you buy? After all, this is a viable and productive company with much to offer. Is there a profit here?

Starting teh ball rolling, yes, I would buy if shares were offered on a Venture exchange. The markets are ripe to take a chance on. Anyone else?

Yep. I think I would risk a few shares. Despite all the complaints, including my own, I think SL has a reasonably strong foothold in the market for virtual worlds. I also think that virtual worlds will supercede cinema and television media in the not-too-distant future.

In fact, I wish I could buy enough shares to swing a controlling interest: in which case I'd force the Lindens to give us a new avatar mesh.

No. The market is not ripe for anything, especially not buying. GM is selling for 1 Dollar and change, and CITI group for 2 Dollars and change.

Why would anyone in their right mind put money into a business that lost 30billion dollars last year alone (GM) and is asking for double digit billions to keep on screwing up. CITI group threw good money after bad and and deserves to go under.

Is that not how things are suppose to work? You stay viable until the market no longer wants you at which point you evolve or die.

These failing corps. need to die.

Why would anyone buy money in LL? The company is stagnant and has shown no plans of an expansion that could double or quadruple the population anytime soon.

LL needs Steve Jobs.

Well considering the stock market is a giant scam, no...


It's strange that the activity that was outlawed in a good part of the antique world (making money using money) seems to be today the end of it all when it comes to get rich.

There is a couple of criteria determining whether a stock is a good buy or not. Price/earning to growth ratio, price-earning ratio or price-to-book come to mind. For LL none of the fundamentals are known. All we have is an executive claiming that the company up to now has been "in the ballpark of profitability".

So it's impossible to determine whether this is a good buy or not. In the current economic climate I rather doubt it, frankly.

Depends on the specifics.

If regions were stock certificates, I'm already in with both feet!

"making money using money)"
It goes beyond that!

My Dad has a story of walking along a street and overhearing a conversation between a dominant suit and a wannabe:
"The way to succeed in business is to always use other peoples' money."

Making money using other people's money.
Progress!



Adds:
Thread = New Business Plan

No. I would not risk any of my money in LL at this time.

The Bernie Madoff plan!

they decided to use credit instead of money..the only thing was they were borrowing from each other back and forth holding a second set of books and making it all look rosey until someone decided it's time to look at that second set of books..

theft was never legal..

I might buy a couple shares for novelty's sake if I could get them cheaply. But I wouldn't make any major investment in SL, assuming I had the money to make a major investment in anything - which I don't, just based on the way the company is run. Their business model is doomed in the long term, and I don't see any growth potential.

Scratch that - there IS growth potential, but they steadfastly refuse to tap it and concentrate instead on areas where they have done nothing but fail. It's mind boggling, and I wouldn't want my eventual retirement resting on LL.

can i use linden$ to buy stock? i would only use ther own play money

Considering the crap that's been going on just in the forums, I'd offer about $.05 per share.

So the stock market took a tumble and it was bad. What's new?

I don't much care for the concept of playing around with my money or other people's for that matter but the OP's question wasn't about the ethics of trading. There is no doubt that the recession has opened up a buyer's market and the option to buy or not to buy into Linden Labs is a useful notion to kick around because it begs the question 'will they thrive or not?'. As far as I'm concerned, the market in virtual worlds is definitely as good an investment proposition as any and that is not to base my opinion on SL's past or even current performance but its potential.

We do not fully understand the implications of Web 2.0 and virtual worlds in the same way that we neither foresaw how the web would reshape our lives with the development of the internet in the nineties nor did we fully appreciate how the gizmos Gates, Jobs et al were pushing in the eighties would change our lives.

'Business' itself may be down in SL to the chagrin of many but I believe that is due to the trend of more residents doing it for themselves. Another thread bubbling around the new posts this week discusses unfounded rumours that SL has long since peaked and is on the skids due to some shakey evidence that a handful of corporations have withdrawn their initially enthusiastic support. In my opinion, there is insufficient evidence on either side of the business coin to indicate what is going to happen to LL and SL because the nature of the thing itself is far too new and poorly understood by RL corporations and residents alike to support anything other than speculation.

My guess is in favour of a positive future for SL and I would be prepared to put my money where my metaphorical mouth is if I were inclined to gamble at all.

i wouldn't want to see them enter into the world market..
i like the pace it's getting known at right now..maybe even slow it down a bit ..too much attention means lots of changes we probably would not like too much..

That's a fair point. I think expectations were raised far too high by the involvement of companies like Reuters and American Apparel. Something similar happened in my neck of the woods with a couple of banks and some big white goods companies but nothing seems to have come of it and nobody really cares.

As that big ferret (amongst other things), Stonecutter, posted elsewhere yesterday: "It's neither corporations nor universities that are important to SL. It's residents."

My only real fear with regards to LL going public, if that ever happens, is that there are already enough suits running around at Linden Labs whose connection to the playerbase is questionable enough as it is. Opening the company to the public will only invite in a whole new cadre of player-disconnected, briefcase-wielding, bean-counting stiffs who wouldn't know fun if it walked up to them, slapped them around a while with a large trout, and called them Stinky!

What a dumb question! How can you answer it without a price being mentioned?

Dan the commercial Man

Churl.

Upps. 'Pologies, fergot ya was ignorin me.

Eph (Wunners why he don't accord th' OP th' same priv'lege)

I don't ignore anyone. Especially those who post dumb comments.

Dan the Argus Man

Awwww. That's great news, Dan. I knew ya was only jokin.

Glad ta see ya still on th' job then.