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In high school, we had a virtual stock portfolio competition. At the time, I was an assistant manager (making minimum wage because I was a depressed kid who loo
by 1letterunixname 3y ago
In high school, we had a virtual stock portfolio competition. At the time, I was an assistant manager (making minimum wage because I was a depressed kid who looked about 12) at a nationwide small store software (and hardware) store. Zip drives were flying off the shelves, so naturally I checked the company's P&L, SEC statements, and stock data. So I assigned 88% of my stock in IOMG because I could tell it was severely undervalued by market cap compared to projected current sales and frontline buzz. I laid waste to that econ-history class of BMW-driving rich kids and all of their "not cheating" help from their dads. As a bit of bittersweet irony, my teacher's investment club lost on IOMG because they got in late and sold early, just 2 months previously. If they had just been patient enough to wait for that 2 week window where the market appreciated excellent sales, they would've realized significant gains rather than losses.
PS: Yeah, I had a SCSI Zip drive. It was an improvement over floppies that were notoriously unreliable and not very durable even in 3.5" form. 3.5" floppies were traded at school, but you'd never loan original media. In general, the first thing you'd do with pristine media of real product without copy protection was make a backup copy or 2 of it. Some programs would burn serial numbers into floppy media on first installation irreversibly, and sometimes (okay, often) original media would go bad.
- shiroiushi 3y ago>It was an improvement over floppies that were notoriously unreliable and not very durable even in 3.5" form Sorry, but this is BS. Floppies were supremely reliable, really to an amazing degree. That is, until sometime in the mid-1990s or later: at that point, the drives became cheaper and crappier, and the media quality went straight down the toilet. It was pretty sudden as I remember, and basically coincided with people moving to CD-Rs because floppies were no longer large enough for daily use. Ask your older friends or relatives if they had a lot of trouble with floppies back in the Apple ][ era, when that was the only disk drive on a computer and people routinely booted their computer with the same boot disk every day; floppies were quite reliable in those days.