Mike Pennington

1.3K posts

Mike Pennington

Mike Pennington

@MikePennington

Serial Thinker. I subscribe to the ways things CAN be. Real Estate Broker, @KSUowlnation, #RETSO retired, Craft Beer , Guitars, and Sports Cars.

Metro ATL Beigetreten Temmuz 2008
613 Folgt1.3K Follower
Mike Simonsen 🐉
Mike Simonsen 🐉@mikesimonsen·
I’ve proven for 35 years that I don’t know anything about equities valuations, but I did live the dot-com bubble first hand. Some observations: 1. Sun was a secondary player, Nvidia is the only game in town. 2. A better parallel is probably Cisco, which in retrospect had massive sales growth, partly driven in 1999 because customers facing shortages would order through multiple channels with the intention of stocking up or canceling some if they both came in. Cisco sales fell very quickly in 2001 as those cancels rolled in. I wonder if Nvidia is experiencing that now? 3. An even better example is probably Netscape which went public in 1996, was arguably the first insanity valuation of the bubble and started the tsunami that took 5 years to crest. 4. OTOH, I got married on April 15, 2000. The Nasdaq fell by 25% that week, and 10% that day. I’m getting married again this June. Caveat emptor.
Bill Wendel@RealEstateCafe

@mikesimonsen FLASHBACK: Not an expert on this but did watch the #DotComBubble & tracked it's impact on McMansions in metro Boston: "Overheard: 'Prophesy: Remember the AI crash of 2025?'" - @dsearls, Sep 26, 2023 x.com/menlobear/stat…

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Jeff Turner 📷
Jeff Turner 📷@jeffturner·
I just used the expression "bane of my existence" for the first time in a long time and I'm surprised I didn't use it more in the last year.
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Mike Pennington
Mike Pennington@MikePennington·
@USDOL 5% Unemployement. How much of this is Restaurant/Hospitality workers?
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U.S. Department of Labor
Unemployment Insurance Weekly Claims Initial claims were 779,000 for the week ending 1/30 (-33,000). Insured unemployment was 4,592,000 for the week ending 1/23 (-193,000). dol.gov/ui/data.pdf
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Heather Elias
Heather Elias@LoCoHeather·
Good morning, world 🌎
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Mike Simonsen 🐉
Mike Simonsen 🐉@mikesimonsen·
Was called “scum bag” by an anonymous account, bc I favor contractors’ right to stay contractors when they’re driving for the Ubers. (Yes on CA 22) Was surprisingly impactful. I can’t imagine how it must feel to be attacked frequently like so many ppl have to deal with.
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Mike Pennington
Mike Pennington@MikePennington·
Been a minute since I’ve seen an ESPN alert pop up on my phone.
Mike Pennington tweet media
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Mike Pennington
Mike Pennington@MikePennington·
@vanbaird @GovKemp I think it’s hard to shut down the entire state when Metro Atlanta is the problem area.
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Mike Pennington
Mike Pennington@MikePennington·
@KeishaBottoms @BrianKempGA @AtlantaBeltLine Smart lady! Yes, the density of ATL and other metro cities and counties is the Hot Spot. Local leaders need to step it up. No need to shut down the entire state for the irresponsibility of Metro Atlantans:(
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Keisha Lance Bottoms
Keisha Lance Bottoms@KeishaBottoms·
Thank you @BrianKempGA for the updated state guidelines. Based upon our density & specific needs/concerns in Atlanta, I’ve signed a 14 day Stay at Home Order. As of now, this does not include essential businesses, parks, @AtlantaBeltLine & restaurants serving takeout.
Keisha Lance Bottoms tweet media
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Mike Pennington
Mike Pennington@MikePennington·
@lolojones And just last week you were begging for the games to be postponed, now you’re whining about it:(
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Lolo Jones
Lolo Jones@lolojones·
Honestly I don’t know if my legs have another year left to run track and that’s a hard decision a lot of older Olympic hopefuls will have to make it it gets postponed.
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Mike Simonsen 🐉
Mike Simonsen 🐉@mikesimonsen·
WTF could Graham’s motivation possibly be?
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Monisha George
Monisha George@monisha_pauline·
@OWLOWEEN i am unable to book the tickets online for today.. are u sold out? Can i get it onsite?
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