News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Michael Burry Compares Alphabet Issuing Century Bonds to Motorola, Suggests Greater Crisis Ahead for Alphabet
Michael Burry, the hedge fund manager and the real-life inspiration for the movie "The Big Short", responded on social media regarding Alphabet (GOOGL.US) which is seekin...
Reset
Send
The window will close in 5 seconds
Michael Burry Compares Alphabet Issuing Century Bonds to Motorola, Suggests Greater Crisis Ahead for Alphabet
Close
Recommend
7
Positive
2
Negative
7
 
 

Michael Burry, the hedge fund manager and the real-life inspiration for the movie "The Big Short", responded on social media regarding Alphabet (GOOGL.US)      which is seeking to issue century bonds.

The last similar event occurred in 1997 when the mobile phone manufacturer Motorola issued bonds, he said. At that time, Motorola was among the top 25 companies in the US by market cap and revenue, with its brand ranking even ahead of Microsoft (MSFT.US)      , said Burry.

Related NewsAPI Crude Oil Stock Change for Feb/27 in United States is 5.600M, lower than the previous value of 11.400M. The forecast was 2.19M.
Burry pointed out that in the years following the bond issuance, Motorola's status gradually subsided and was surpassed by competitors. Today, it ranks 232nd in market cap, with annual sales of only USD11 billion.

In his post, Burry believed that the threats in face of Google's classic search technology today are real and potentially even greater than the crisis Motorola faced in the mid-1990s when hardware technology was considered a more reliable competitive advantage than software.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AASTOCKS Financial News
Website: www.aastocks.com

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.