• Re: Buying at the peak

    From RoddyMcCorley@21:1/5 to Johnny RSFCootball on Mon Jan 31 18:11:54 2022
    On 1/31/2022 6:00 PM, Johnny RSFCootball wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.


    --
    “I usually skip over your posts because of your disguistng, contrarian,
    liberal personality.” — Altie

    Newly accepted Wordle solutions according to Fox News:

    Lefty
    Pinko
    Commy
    Liars
    Slant
    Libel
    Faker
    Lenin
    Fidel
    Chink
    Alien
    Wussy
    Whore
    Slick
    Willy
    Labor
    Smart
    Mensa



    --
    "In theory, there is no difference between theory and practice. In
    practice, there is." Ruben Goldberg

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Johnny RSFCootball@21:1/5 to xyzzy on Mon Jan 31 15:00:10 2022
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.


    --
    “I usually skip over your posts because of your disguistng, contrarian, liberal personality.” — Altie

    Newly accepted Wordle solutions according to Fox News:

    Lefty
    Pinko
    Commy
    Liars
    Slant
    Libel
    Faker
    Lenin
    Fidel

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From xyzzy@21:1/5 to All on Mon Jan 31 22:50:04 2022
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.


    --
    “I usually skip over your posts because of your disguistng, contrarian, liberal personality.” — Altie

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Eric Ramon@21:1/5 to xyzzy on Mon Jan 31 15:25:48 2022
    On Monday, January 31, 2022 at 2:50:09 PM UTC-8, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.


    --
    “I usually skip over your posts because of your disguistng, contrarian, liberal personality.” — Altie

    yes...but the fad will be over by the end of February.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From unclejr@21:1/5 to RoddyMcCorley on Mon Jan 31 17:11:35 2022
    On Monday, January 31, 2022 at 5:12:00 PM UTC-6, RoddyMcCorley wrote:
    On 1/31/2022 6:00 PM, Johnny RSFCootball wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.


    --
    “I usually skip over your posts because of your disguistng, contrarian, >> liberal personality.” — Altie

    Newly accepted Wordle solutions according to Fox News:

    Lefty
    Pinko
    Commy
    Liars
    Slant
    Libel
    Faker
    Lenin
    Fidel
    Chink
    Alien
    Wussy
    Whore
    Slick
    Willy
    Labor
    Smart
    Mensa

    Leave Bryan out of this.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Johnny RSFCootball@21:1/5 to xyzzy on Mon Jan 31 17:32:03 2022
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.


    --
    “I usually skip over your posts because of your disguistng, contrarian, liberal personality.” — Altie

    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Michael Falkner@21:1/5 to Eric Ramon on Mon Jan 31 21:51:07 2022
    On Monday, January 31, 2022 at 3:25:50 PM UTC-8, Eric Ramon wrote:
    On Monday, January 31, 2022 at 2:50:09 PM UTC-8, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.

    yes...but the fad will be over by the end of February.

    That's why xyzzy said what he said.

    Mike

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From xyzzy@21:1/5 to unhyphenated American on Tue Feb 1 12:45:53 2022
    Con Reeder, unhyphenated American <constance@duxmail.com> wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1miller1970@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by
    waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure
    offer for it. Later he sold it for $150K.


    Groupon says hi

    --
    “I usually skip over your posts because of your disguistng, contrarian, liberal personality.” — Altie

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Con Reeder, unhyphenated American@21:1/5 to Johnny RSFCootball on Tue Feb 1 12:18:40 2022
    On 2022-02-01, Johnny RSFCootball <1jay1miller1970@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by
    waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure
    offer for it. Later he sold it for $150K.

    --
    Be patient. God isn't finished with me yet. -- unknown

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Johnny RSFCootball@21:1/5 to unhyphenated American on Tue Feb 1 05:26:58 2022
    On Tuesday, February 1, 2022 at 6:18:46 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure
    offer for it. Later he sold it for $150K.

    --
    Be patient. God isn't finished with me yet. -- unknown

    If the revenue generated by their games is as much as claimed in the tweet, low seven figures doesn’t sound like a major risk. I’m sure the initial Wordle buzz will fade, but there will be a core group that play it regularly for a long time.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Con Reeder, unhyphenated American@21:1/5 to Johnny RSFCootball on Tue Feb 1 14:06:21 2022
    On 2022-02-01, Johnny RSFCootball <1jay1miller1970@gmail.com> wrote:
    On Tuesday, February 1, 2022 at 6:18:46 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by
    waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure
    offer for it. Later he sold it for $150K.


    If the revenue generated by their games is as much as claimed in the
    tweet, low seven figures doesn’t sound like a major risk. I’m sure
    the initial Wordle buzz will fade, but there will be a core group that
    play it regularly for a long time.

    I'm a junior partner in a solitaire site that at one time had millions
    of monthly page views. I am glad we didn't get seduced by the idea
    of making it a full-time thing, we would have gotten killed. As it was,
    we donated the proceeds to charity and got some good feeling. Meanwhile,
    it survives 20 years later as a small afterthought, basically supporting
    itself with some ad revenue and still generating some money for charity.

    --
    :o}~ <<<<Oh look!!! An idolatrous image of the prophet!!! Surely
    we must now avenge this blasphemy by burning down the world!!!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Johnny RSFCootball@21:1/5 to unhyphenated American on Tue Feb 1 15:47:46 2022
    On Tuesday, February 1, 2022 at 8:06:26 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Tuesday, February 1, 2022 at 6:18:46 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by
    waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure
    offer for it. Later he sold it for $150K.


    If the revenue generated by their games is as much as claimed in the tweet, low seven figures doesn’t sound like a major risk. I’m sure
    the initial Wordle buzz will fade, but there will be a core group that play it regularly for a long time.
    I'm a junior partner in a solitaire site that at one time had millions
    of monthly page views. I am glad we didn't get seduced by the idea
    of making it a full-time thing, we would have gotten killed. As it was,
    we donated the proceeds to charity and got some good feeling. Meanwhile,
    it survives 20 years later as a small afterthought, basically supporting itself with some ad revenue and still generating some money for charity.

    --
    :o}~ <<<<Oh look!!! An idolatrous image of the prophet!!! Surely
    we must now avenge this blasphemy by burning down the world!!!

    Apparently the NYT is already doing well with online gaming. This isn’t some young upstart company trying a new venture. I don’t think they’re taking a huge risk here.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Some dued@21:1/5 to unhyphenated American on Tue Feb 1 16:13:16 2022
    On Tuesday, February 1, 2022 at 6:18:46 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure
    offer for it. Later he sold it for $150K.

    --
    Be patient. God isn't finished with me yet. -- unknown
    If you have everused an open source program called "astrogrep" I wrote that in 1998 in a few hours to remember how visual basic worked. Put it on source forge a few years later and it gets like a half million downloads a year now. I haven't worked on it
    in 20 years but another guy maintains it now.
    Better than the code being lost to time and I'm sure there was no way to ever profit from it.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Con Reeder, unhyphenated American@21:1/5 to Johnny RSFCootball on Wed Feb 2 00:50:03 2022
    On 2022-02-01, Johnny RSFCootball <1jay1miller1970@gmail.com> wrote:
    On Tuesday, February 1, 2022 at 8:06:26 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Tuesday, February 1, 2022 at 6:18:46 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by
    waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure
    offer for it. Later he sold it for $150K.


    If the revenue generated by their games is as much as claimed in the
    tweet, low seven figures doesn’t sound like a major risk. I’m sure
    the initial Wordle buzz will fade, but there will be a core group that
    play it regularly for a long time.
    I'm a junior partner in a solitaire site that at one time had millions
    of monthly page views. I am glad we didn't get seduced by the idea
    of making it a full-time thing, we would have gotten killed. As it was,
    we donated the proceeds to charity and got some good feeling. Meanwhile,
    it survives 20 years later as a small afterthought, basically supporting
    itself with some ad revenue and still generating some money for charity.


    Apparently the NYT is already doing well with online gaming. This
    isn’t some young upstart company trying a new venture. I don’t
    think they’re taking a huge risk here.

    I didn't think they were. I was talking about the Wordle guys building
    and running a business. The logic of the buy makes sense.

    --
    Experience is what allows you to recognize a mistake the second
    time you make it. -- unknown

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Johnny RSFCootball@21:1/5 to unhyphenated American on Thu Feb 3 11:06:22 2022
    On Tuesday, February 1, 2022 at 6:50:08 PM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Tuesday, February 1, 2022 at 8:06:26 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Tuesday, February 1, 2022 at 6:18:46 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by >> >> waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure
    offer for it. Later he sold it for $150K.


    If the revenue generated by their games is as much as claimed in the
    tweet, low seven figures doesn’t sound like a major risk. I’m sure >> > the initial Wordle buzz will fade, but there will be a core group that >> > play it regularly for a long time.
    I'm a junior partner in a solitaire site that at one time had millions
    of monthly page views. I am glad we didn't get seduced by the idea
    of making it a full-time thing, we would have gotten killed. As it was, >> we donated the proceeds to charity and got some good feeling. Meanwhile, >> it survives 20 years later as a small afterthought, basically supporting >> itself with some ad revenue and still generating some money for charity. >>

    Apparently the NYT is already doing well with online gaming. This
    isn’t some young upstart company trying a new venture. I don’t
    think they’re taking a huge risk here.
    I didn't think they were. I was talking about the Wordle guys building
    and running a business. The logic of the buy makes sense.

    --
    Experience is what allows you to recognize a mistake the second
    time you make it. -- unknown

    Wordle effect?

    https://www.wsj.com/articles/new-york-times-tops-10-million-subscriptions-as-profit-soars-11643816086?mod=flipboard

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Johnny RSFCootball@21:1/5 to Johnny RSFCootball on Thu Feb 3 14:09:09 2022
    On Thursday, February 3, 2022 at 1:06:25 PM UTC-6, Johnny RSFCootball wrote:
    On Tuesday, February 1, 2022 at 6:50:08 PM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Tuesday, February 1, 2022 at 8:06:26 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Tuesday, February 1, 2022 at 6:18:46 AM UTC-6, Con Reeder, unhyphenated American wrote:
    On 2022-02-01, Johnny RSFCootball <1jay1mi...@gmail.com> wrote:
    On Monday, January 31, 2022 at 4:50:09 PM UTC-6, xyzzy wrote:
    NYT buys Wordlw for “low seven figures”

    Good on the dude for cashing out but talk about dumn money.



    Counter argument:

    https://twitter.com/nbashaw/status/1488280915226685440?s=21

    If you keep it, you have to execute on the conversion to an
    ongoing business, and that isn't always as easy as it seems it
    might be.

    Going through the dot-com boom-bust cycle, I saw cases of people
    winning by selling for cash early and lots losing most everything by >> >> waiting. Of course there were the few big winners.

    I took a bird-in-hand and ended up in a much better position
    than if I had gone low-cash heavy-stock. It made it so I could
    retire in style. Of course if I'd won, I might have been one
    of dem dere billionaires...

    One guy owned a common-word domain name and refused a seven-figure >> >> offer for it. Later he sold it for $150K.


    If the revenue generated by their games is as much as claimed in the >> > tweet, low seven figures doesn’t sound like a major risk. I’m sure
    the initial Wordle buzz will fade, but there will be a core group that
    play it regularly for a long time.
    I'm a junior partner in a solitaire site that at one time had millions >> of monthly page views. I am glad we didn't get seduced by the idea
    of making it a full-time thing, we would have gotten killed. As it was, >> we donated the proceeds to charity and got some good feeling. Meanwhile,
    it survives 20 years later as a small afterthought, basically supporting
    itself with some ad revenue and still generating some money for charity.


    Apparently the NYT is already doing well with online gaming. This isn’t some young upstart company trying a new venture. I don’t
    think they’re taking a huge risk here.
    I didn't think they were. I was talking about the Wordle guys building
    and running a business. The logic of the buy makes sense.

    --
    Experience is what allows you to recognize a mistake the second
    time you make it. -- unknown
    Wordle effect?

    https://www.wsj.com/articles/new-york-times-tops-10-million-subscriptions-as-profit-soars-11643816086?mod=flipboard

    Conversely, FB didn’t buy Wordle and then lost over a quarter of their market value in one day. Coincidence?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)