Hi Michael ;)
Actually, I have to differ... The former CEO of Exxon was worth $400
million as that is what he/she got...Value is established by what is
actually paid for something.
I am learning this by having to place values on my Father's model
railroad collection... SP 4449 Brass, Freedom Train Paint Scheme vs. SP
4449 in Daylight Paint Scheme... Which is worth more? (note he has
multiples of both!) Or what is the value of his little Brass, SP
Electric Switcher? (hint it is quite literally the only one in the
world as he made it and entered into contract negotiations to have it
produced during which it was registered as the only one available and he
was the only one authorized to make that model) The estimates I am
getting all say "cannot be valued until one is sold"... Since he has the
prototype and 3 production models he made ... Who knows what they are
worth...
The final value question I like to open with when I discuss ROI on
security spending is "What is the value of the locks on your doors at
your home?"
Thanks,
Art
Art Bahrs, CISSP
Security Engineer
Providence Health & Services
[log in to unmask]
Phone: 503-216-2722
-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On
Behalf Of Michael Baier
Sent: Tuesday, July 22, 2008 10:28 AM
To: [log in to unmask]
Subject: Re: OT: Oil prices, and is it a conspiracy of sorts?
Denys,
the oil-companies can already drill in Texas and Louisianna.
However they choose to buy back their own stocks and therefore raise the
value of the stocks. Reason: often the compensation of oil-ceos depends
on the stock-value.
Makes sense, right.
Remember when Exxon paid the former CEO over $400 million as a nice
retirement-package. Who is worth that kind of money? NOBODY.
The oil-companies can already drill in many spots but see no reason to
do it.
The CEO's make huge bonuses and don't care about anything else.
GREED is the name of the game. Just ask Carly
Michael
On Tue, 22 Jul 2008 07:28:01 -0500, Denys Beauchemin
<[log in to unmask]> wrote:
>I have done some further research and it seems that the congressional
>moratorium on offshore drilling off the coast of California expires
>this September 30th. Also, because the oil platforms are already there
>on site, it would seem that oil could flow from there within a year.
>This could have a major near-term effect on oil prices.
>
>Let's see what happens in Congress over the next 2 months. BTW, this
>is the lowest rated congress, ever. I think that's a fitting
>accomplishment for Ms. Pelosi and before she calls somebody a failure,
>she had better look in a mirror, this way she doesn't have far to look
for failure.
>
>Denys
>
>-----Original Message-----
>From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On
Behalf
>Of Ray Shahan
>Sent: Monday, July 21, 2008 8:48 AM
>To: [log in to unmask]
>Subject: Re: [HP3000-L] OT: Oil prices, and is it a conspiracy of
sorts?
>
>LOL, I'm so embarrassed!!!
>
>
>
>-----Original Message-----
>From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On
>Behalf Of James B. Byrne
>Sent: Friday, July 18, 2008 4:34 PM
>To: [log in to unmask]
>Subject: Re: [HP3000-L] OT: Oil prices, and is it a conspiracy of
sorts?
>
>On Fri, July 18, 2008 17:10, Ray Shahan wrote:
>>
>>
>> "An American President once said, perhaps more wisely than he knew,
>that
>> the only thing we need fear, is fear itself."
>>
>> I think Winston Churchill, an Englishman, said that...in England.
>> Nonetheless, the quote still serves its purpose in you reply. 8-)
>
>" ... This great Nation will endure as it has endured, will revive and
>will prosper. So, first of all, let me assert my firm belief that the
>only thing we have to fear is fear itself - nameless, unreasoning,
>unjustified terror which paralyzes needed efforts to convert retreat
>into advance.
>In
>every dark hour of our national life a leadership of frankness and
>vigor has met with that understanding and support of the people
>themselves which is essential to victory. I am convinced that you will
>again give that support to leadership in these critical days."
>
>Franklin Delano Roosevelt, inaugural address, March 4, 1933.
>
>Regards,
>
>
>--
>*** E-Mail is NOT a SECURE channel ***
>James B. Byrne mailto:[log in to unmask]
>Harte & Lyne Limited http://www.harte-lyne.ca
>9 Brockley Drive vox: +1 905 561 1241
>Hamilton, Ontario fax: +1 905 561 0757
>Canada L8E 3C3
>
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