Taro T

I was watching the game down in Houston and they had to switch to the Eulers game w/ 2 minutes left in the Bills - Donkeys. Donkeys scored in the last 2 minutes and I was definitely sweating that one out waiting for any updates. One other fun game to watch was the Bills 47 - Eulers 41 in '89. Unfortunately it was Derrick Burroughs last game as a Bill. That game also had a controversial call on Houston's last drive in regulation. The Houston receiver caught the ball on the left side of the field, he got tackled by Odomes (?). The receiver immediately lost control of the ball as he was falling backwards and Talley grabbed the ball and ran it back for a TD. The officials said the receiver's forward progress had been stopped so no fumble. Houston scored a field goal on the drive to send the game to OT, rather than the game ending 48-38 Buffalo. Saturday Night Live skewered the call w/ John Goodman playing an addled ref trying to defend the call in a press conference. I was up there as well. Security wouldn't let them throw it over the side. Some strange issue about not wanting to kill anyone or something. But several other chunks of the goal posts did end up in the parking lot.

Can't believe I didn't include 9/7/80 in the list. 17-7 and the goal posts came down.

1990 Bills 29 Broncos 28. Bills scored 3 TD's in ~1:19 to storm back and win. It was the quickest 3 touchdowns in league history at that point. And then the following week: Bills 38 - Raiders 24 with a couple of huge special teams plays to come back. That was the point where the light bulb went on for me that that team was really special.

Fixed it for you.

It absolutely helps the company itself. If a company has too much leverage, it is difficult to get new loans. A company's share price doubling, number of outstanding shares and existing debt remaining constant, greatly reduces the leverage. The stock tanking increases the leverage. A company w/ too much debt has a far greater chance of default. As the company is "stronger", its cost of capital decreases. That is a direct benefit to the company. There are many other benefits to the company of a company's stock trading on an open exchange, but if you can't even see the benefits mentioned above, there is no point in going into them.

But I just gave you an example of when a company sells existing stock. I also gave you an example of where they sell newly created shares of stock. The company is better off either time when they sell this stock if it is at a higher value. If the going rate for a share of stock is $100 and a company needs to raise $10MM, then they have to sell 100k shares to raise the money (neglecting costs to sell). If the going rate is only $10, then they have to sell 1MM shares to raise the $10MM. The company is clearly better off when the stock is worth more. This doesn't even go into how the stock value is what the company is valued at or how the ability to borrow money is tied to D/E ratios or a myriad of other issues. Your apparent inability to grasp that the company does benefit from it's shares trading at a higher value (which is a reflection of the market's view of the company's value) makes discussing more complex issues appear to be pointless.

A very likely reason he is "ignoring" your answer and suggesting you take a course in economics is that your answer displays a painful lack of understanding of economics. An IPO is not the only time that a company issues stock. Companies can and do sell stock after an IPO, oftentimes either through new issues or through release of treasury shares.

Do you really think that someone making $66k is rich? It may have been a rich man's salary in the 20's, but definitely not today. No point in even addressing any of the other stuff in the post if you actually believe that someone making less than $70k (which is ~1/3 over the median) is pretty rich.

MSNBC is rebroadcasting last night's NBC tribute right now.

MSNBC is still running tributes to Tim. R.I.P. Tim. Buffalo's lost a good friend and a good son.

A couple of hilarious (albeit cheesy) ones from the '80's. Beer (not out on DVD yet) It had a very eclectic cast including Rip Torn, David Allen Grier, Loretta Swit, and Kenneth Mars. Head Office (surprisingly out on DVD) Another eclectic cast including Eddie Albert, Judge Reinhold, Richard Masur, Danny DeVito, Jane Seymour, Rick Moranis, Don King, and Don Novello (Father Guido Sarducci).

Balsillie has probably made an offer on at least 10 different teams (not counting Pittsburgh and Nashville). While I will not be surprised when Tom sells the Sabres a few years down the road, I'll be shocked if they go to the owner of R.I.M..

18/20. Knew about 10 of them and guessed the rest.

there was a checkpoint charlie he didn't crack a smile but it's no laughing party when you've been on the murder mile only takes one itchy trigger one more widow, one less white !@#$ -E. Costello

Here is the schedule for you to copy/paste. W - Sept. 7 Seattle Seahawks 1 p.m. L - Sept. 14 at Jacksonville Jaguars 1 p.m. W - Sept. 21 Oakland Raiders 1 p.m. W - Sept. 28 at St. Louis Rams 4:05 p.m. L - Oct. 5 at Arizona Cardinals 4:15 p.m. Oct. 12 Bye L - Oct. 19 San Diego Chargers 1 p.m. W - Oct. 26 at Miami Dolphins 1 p.m. W - Nov. 2 New York Jets 1 p.m. L - Nov. 9 at New England Patriots* 1 p.m. L - Nov. 17 (Mon.) Cleveland Browns 8:30 p.m. W - Nov. 23 at Kansas City Chiefs 1 p.m. W - Nov. 30 San Francisco 49ers 1 p.m. W - Dec. 7 Miami Dolphins (at Toronto) 4:05 p.m. L - Dec. 14 at New York Jets 1 p.m. L - Dec. 21 at Denver Broncos 4:05 p.m. L - Dec. 28 New England Patriots* 1 p.m. 8-8. I hope I've underestimated them.

Reminds me of being at an Environmental Conference when the Title V Air Permitting Regs came out in the early 90's. I was eating lunch at a table with some mid-level EPA guys and a chick that worked for one of the Environmental Industry Newspapers. She was explaining to them how much harder her job was now that she didn't do political reporting for the Cleveland Plain Dealer because she couldn't just call the Mayor up and have him answer all her questions for a story anymore.

So basically it's a performance art of a performance art? This chick is a serious #$%^!(* %$(~. She apparently wants to get rich and famous by pissing people off ala Maplethorpe (sp?) but doesn't have the guts to actually do what she's purporting to do. (That part of it, is actually a good thing.) What a worthless example of what is supposed to be an intelligent person. Yale grads all around must be very proud.

Better question: have you ever had a Guinness in Ireland? I can't say I was ever impressed with it after it made the journey across the pond, but for the 27 hours I was there, it was pretty d*mn good.

You think the Pats would stand for not having their bye week until the 14th week of the regular season? Or would they change the rule that the Bills have to play them when they are coming off a bye?

Very sorry to read about your loss. Looks like your boy fought quite a battle. Thank you for sharing the story.

Wait a second. When did you start talking about Dom?

"Always look on the bright side of life." (whistle, whistle, whistle) "Always look on the bright side of life." (whistle, whistle, whistle) But, hey, there is a bright side, the smiley's back. Thanks for all the effort Scott.

For "everyday" drinking, usually Blue/Blue Light. For "special occassions", Sierra Nevada Pale Ale. Whole bunch of other ones that I like, but those seem to be the standards I keep coming back to.

Where's Meazza? We need a ruling on this one.

HBD.