Arghblarg

Fuck Kevin O’Leary.

Ah, OK. I get that angle.

Big corps always wave away debt if they can pay it off via revenue, or future promises of revenue, or … reasons. Why is it different here? Honest question. They have more cash on hand, it seems, than their current debt, so could pay that at any time. Why is it a true liability?

Nice ad hominim BTW. I’m neither stoned nor a teenager, and make no pretense to be some financial guru.

But that same link says they have $9B in Working Capital and Invested Capital. What’s the true net value then?

From article:

The proposal does not sound like a “terribly good offer” as it would saddle eBay with GameStop’s debt, said retail industry analyst Sucharita Kodali from market research firm Forrester.

Uh… Gamestop has , depending on who one asks, no debt, or some sort of convertible thing to do with their warrant issuing last year. This article seems mis-informed. It’s an ambitious gambit, but would certainly not saddle E-Bay with any significant new debt.

True. It isn’t always about a cost/labour analysis. Sometimes I want to repair something to learn how to do it. Sometimes I want to repair something because even though ‘my time is valuable’, I hate the idea of throwing out something I know will rot in the landfill for a thousand years. Sometimes I’m just attached to the thing and afraid I won’t find a replacement that is as good (which is often the case).

I hate our throwaway culture, it’s good to know how to fix things even if it isn’t technically ‘cost effective’ to do so.