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| Thread ID: 98515 | 2009-03-27 11:13:00 | Buzzwords that need to die. | Metla (12) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 760082 | 2009-03-27 11:13:00 | Cloud. examples www.stuff.co.nz www.stuff.co.nz |
Metla (12) | ||
| 760083 | 2009-03-27 11:19:00 | I'm going to come to market with a cloud based Pizza delivery service, Cloud of course just covers up the complexities of having a centralised location where the food is stored, altered, and then delivered to your tabletop by our mystical cloud network, No lag, Just appears from the cloud.:illogical I look forward to adopting this "cloud" based system, I enjoy repeating myself constantly when the email goes down for a couple of hours once a month, And assuring important type people that the sky has not fallen and that very soon now they will be able to send that quote. It will be far more interesting when they can't even access there quote due to it being hosted on some far far away server..... |
Metla (12) | ||
| 760084 | 2009-03-27 11:21:00 | As for this The fledging company, called OnLive, said its service will allow users to play games on any TV and nearly any personal computer – even stripped-down netbooks and PCs without graphics processors. Someone needs a punch in the face. |
Metla (12) | ||
| 760085 | 2009-03-27 11:36:00 | When the forecast is "Cloudy" we don't usually feel enthused :D | R2x1 (4628) | ||
| 760086 | 2009-03-27 22:49:00 | As beloved by the financial no-hopers that got us all in the current mess: "Leverage" but pronounced as "levverage" by those aping the Americans. "Gearing" No idea what these engineering terms mean when used relating to finance. |
Terry Porritt (14) | ||
| 760087 | 2009-03-27 23:28:00 | Yep - 'cloud' should be banned. Corporatise. The other day I was asked to 'corporatise' something......:illogical Monetarise = nonsensical and should also go. And any nouns used as verbs. |
andrew93 (249) | ||
| 760088 | 2009-03-27 23:50:00 | As beloved by the financial no-hopers that got us all in the current mess: "Leverage" but pronounced as "levverage" by those aping the Americans. "Gearing" No idea what these engineering terms mean when used relating to finance. Hopefully this helps..... 'Gearing' or 'leverage' means borrowing excessive amounts of money to buy a business you can't afford. This has the effect of applying an after-burner to your investment. Consider this: You buy a business for $1m. After much 'waving of magic hands' and corporate trickery (facetious, I know), let's assume the business is now worth $2m 1 year later. Had you put up all of the $1m you would have made measly 100% return. 'Not good enough' I hear the investors say. This is where greed kick in. What if we borrowed $500k and put in $500k to buy the same business? After finance costs of $50k for the year and selling at the same price, you bank $1,450. The gain is $950k on an investment of $500k, a much better return of 190%. Not enough I hear. What if we put in $200k and borrow the other $800k? Because markets always go up right? This is a sure thing right? ...sure....(/tui) In the same scenario our investment of $200k returns a profit of the same $1m less finance costs of $80k for a return of $920k on an investment of $200k. Much better at 460%. That's more like it. And these managers then adopt the attitude of "look at me! I'm freakin' amazing! Bow to my superior intellect!". This is real, and it is happening all around us. Just multiply the cost of the businesses being bought by any sort of lotto prize value. Now let's take a reality check. The supply of money dries up, people stop spending and suddenly that business isn't worth $2m. At best a more realistic valuation might be $500k. Assuming you borrowed $800k to buy the business for $1m, your investment has not only gone, but the bank and investors are now in a hole for $300k. Again, multiply the numbers by any number between 1 and 1,000,000 and this is what is happening all around us. This is real and some of the private equity firms still don't get it. They are still aiming for super-normal returns on their investments......:illogical |
andrew93 (249) | ||
| 760089 | 2009-03-28 00:13:00 | Better for financial people to invent their own words rather than steal from another discipline and then bastardise the meaning. It was during the 70s that the term 'workshop' seemed to appear as applied to a group learning activity or symposium. Whereas prior to that everyone understood that a workshop had machines in it, and things were made. Suddenly, there were these workshops springing up everywhere. :) |
Terry Porritt (14) | ||
| 760090 | 2009-03-28 00:23:00 | "Looking forward" | Zippity (58) | ||
| 760091 | 2009-03-28 00:40:00 | Scoping, Scope I use to think it was aiming at a bambi with a telescopic sight. How wrong I am. |
prefect (6291) | ||
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