Oct. 3rd, 2008

holyhippie: (Default)
There are two high tech companies that I follow the stock price for closely, because I have stock purchased through employee stock purchase plans. Both companies, at this point in time, are in essence, turning a profit. The one where I no longer work is just barely turning a profit, and it's stock price is down to about a third of what it was at the beginning of the year. The one where I work now, is getting great profits, and it's stock price is down to about half of what it was at the beginning of the year.

I get that stock markets follow rumor and emotion far more than logic and profit - but this is just plain gruesome.
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