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Old 10-28-2022, 03:50 PM
 
Location: Where the College Used to Be
3,731 posts, read 2,063,325 times
Reputation: 3069

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Quote:
Originally Posted by SFspiderman View Post
But absolute share price is meaningless when describing the value of a company.

Three months ago, Google was trading at $2,200 a share until they split the stock 20-for-1. The market value of the company didn't change because of that.

Understood. I was simply pointing out that tech is getting smoked of late. Its down 54% since last fall (roughly the same time Meta hit their high, Adobe hit their high. SFDC hit theirs etc etc etc etc etc
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Old 10-29-2022, 12:13 PM
 
428 posts, read 225,253 times
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Quote:
Originally Posted by GVoR View Post
Understood. I was simply pointing out that tech is getting smoked of late. Its down 54% since last fall (roughly the same time Meta hit their high, Adobe hit their high. SFDC hit theirs etc etc etc etc etc
Every sector has its cycles. Google’s market cap is still 4x that of Home Depot, even with the decline.
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Old 02-13-2023, 10:23 AM
 
Location: Cary, NC
4,305 posts, read 5,998,741 times
Reputation: 4814
Meta confirms it has space at ATC that will "eventually" be home to 100 engineers. Fairly small potatoes in the grand scheme of things, at least so far.

https://wraltechwire.com/2023/02/13/...obacco-campus/
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Old 02-13-2023, 03:09 PM
 
9,265 posts, read 8,288,991 times
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Quote:
Originally Posted by SFspiderman View Post
Meta confirms it has space at ATC that will "eventually" be home to 100 engineers. Fairly small potatoes in the grand scheme of things, at least so far.

https://wraltechwire.com/2023/02/13/...obacco-campus/
It’s funny that’s the top story on wral.com right now. I mean 100 people is really nothing.
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Old 02-13-2023, 05:22 PM
 
Location: Raleigh, NC
64 posts, read 103,648 times
Reputation: 105
Quote:
Originally Posted by m378 View Post
It’s funny that’s the top story on wral.com right now. I mean 100 people is really nothing.
Doesn't WRAL own ATC?
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Old 02-13-2023, 07:31 PM
 
567 posts, read 958,858 times
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Quote:
Originally Posted by spenbro View Post
Doesn't WRAL own ATC?
Wikipedia says that "The mostly abandoned campus was purchased by the Capitol Broadcasting Company in 2001 as part of a plan to redevelop downtown Durham." The Capitol Broadcasting Company owns WRAL.

https://en.wikipedia.org/wiki/Americ...toric_District
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Old 02-13-2023, 08:07 PM
 
Location: Raleigh, NC
64 posts, read 103,648 times
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Quote:
Originally Posted by JackieRTP View Post
Wikipedia says that "The mostly abandoned campus was purchased by the Capitol Broadcasting Company in 2001 as part of a plan to redevelop downtown Durham." The Capitol Broadcasting Company owns WRAL.

https://en.wikipedia.org/wiki/Americ...toric_District
So they're just promoting themselves with these types of articles (news is news, but if you own the property you're reporting on, report that too!).
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Old 02-13-2023, 09:33 PM
 
151 posts, read 195,398 times
Reputation: 153
Quote:
Originally Posted by m378 View Post
It’s funny that’s the top story on wral.com right now. I mean 100 people is really nothing.

True, but 100 meta Engineers that are probably making 250-350k is a heavy economy boos to Durham
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Old 02-13-2023, 10:17 PM
 
Location: Raleigh
380 posts, read 209,238 times
Reputation: 380
Quote:
Originally Posted by m378 View Post
It’s funny that’s the top story on wral.com right now. I mean 100 people is really nothing.
It's not the amount of people being employed. It's the company employing these people. Apple, Google, Meta etc.
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Old 02-14-2023, 05:38 AM
 
9,265 posts, read 8,288,991 times
Reputation: 7613
Quote:
Originally Posted by Mr. Big View Post
It's not the amount of people being employed. It's the company employing these people. Apple, Google, Meta etc.
Meta is one company I’d love to *not* have in the Triangle. Definitely no bragging rights there in my opinion.
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