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Forums » Nat'l Muni-Ban Advocate Holds $500K in SBC Stock Options » worthless
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« It doesn't really surprise me  
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oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA

reply to NotSoLoyalCustomer
Re: worthless

MuniBB starts going where there is significant CONSTITUENT DEMAND for them to be there. More often than not it takes democratic action (voting on the bond issuance etc) to get these rolling which is why we see all of the incumbent money being spent on advertising saying like a Jedi Mind Trick "No, you don't want choice, you don't want better service..."
--
Life is good without the headache of Comcrap HSI


NotSoLoyalCustomer

@accs.net

reply to oliphant
That is completely true, I have yet to see a MuniBB start up where there wasn't already an Incumbent. At least in all the cases where I've dealt with it personally. I'm sure there are Munis out there with pure intentions, but mostly they're there to drive someone else out.


KoolMoe
Aw Man
Premium
join:2001-02-14
Annapolis, MD
clubs:

1 edit
reply to footballdude
NM, Oliphant covered my points
KM


oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA

reply to footballdude
Public schools compete against private. The USPS competes with Fedex, UPS and DHL. Private security patrols compete with police. Public transit competes with private transit. Private hospitals complete with public hospitals.

There are plenty of areas where gov't completes directly or indirectly against private sector business.
--
Life is good without the headache of Comcrap HSI


footballdude
Premium
join:2002-08-13
Imperial, MO
reply to oliphant
I thought the government was constrained against direct competition with private business?


techie
Premium
join:2003-06-18
Canada
clubs:
·Cogeco Cable
·Rogers Hi-Speed

reply to footballdude
said by footballdude See Profile:

said by oliphant See Profile:

Which they may if he got his way which I think is the point of the criticism.
You really think muni broadband in out of the way townships is having any real effect on SBCs financials?
No, I think the guy wanting muni BB banned and him having half a mil in stocks with SBC is just a huge coincidence, we all know he's looking out for the good of the people, and that less competition = more innovation.



oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA

1 edit
reply to footballdude
Munis are to provide services whether there is other competition or not. --
Life is good without the headache of Comcrap HSI


footballdude
Premium
join:2002-08-13
Imperial, MO

reply to oliphant
said by oliphant See Profile:

I doubt that SBC would consider cities like San Francisco out of the way townships.
I thought the whole idea of munis was to wire places that weren't being served by the telcos. I would think SF is being well served by SBC.


oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA
reply to footballdude
I doubt that SBC would consider cities like San Francisco out of the way townships. »SBC opposes San Francisco Muni BB
--
Life is good without the headache of Comcrap HSI


SRFireside

join:2001-01-19
Houston, TX

1 edit
reply to footballdude
SBC apparently thinks so. At least they see the potential for unwanted competition.


footballdude
Premium
join:2002-08-13
Imperial, MO

reply to oliphant
said by oliphant See Profile:

Which they may if he got his way which I think is the point of the criticism.
You really think muni broadband in out of the way townships is having any real effect on SBCs financials?


oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA
reply to footballdude
Which they may if he got his way which I think is the point of the criticism.
--
Life is good without the headache of Comcrap HSI


footballdude
Premium
join:2002-08-13
Imperial, MO

Stock options are worthless if the stock price doesn't go up. SBC's stock hasn't moved in five years. That's why the guy is still holding on to the options and hasn't cashed them in yet. If you buy a half million worth of stock and sell it for a half million, that's not exactly an incentive to be someone's champion.
Forums » Nat'l Muni-Ban Advocate Holds $500K in SBC Stock Options« It doesn't really surprise me  


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