In Reply to: There is one huge difference posted by andyH on July 26, 2025 at 10:37:20
Somehow the market decided that the faster a company was loing money, the more valuable the company was.
Investors seem to have lost the ability to value a company. Here was one crazy example. 3Com had a Palm subsidiary, which sold the Palm Pilot. (Remember that?)
They decided to spin Palm off as a separate company. Immediately, the spin-off was worth more than the original company had been before the spin-off.
The "wisdom of the market" decided that a part of the company was worth more than the whole company. Eventually HP bought 3Com for $2.7 billion.