Saturday, October 01, 2005

Dorf on stocks

Would you buy stock from this guy?

Here's a rundown on some of the biggest moves in the past few days among U.S. stocks with market values of $1 billion or more.

The move that interested me most was a drop in Diebold Inc. (DBD), the North Canton, Ohio, maker of automated teller machines and other self-service delivery systems. The stock has fallen to less than $34.51 from $48 at the beginning of September.

I believe that electronic identification technology can be used for lots of things besides getting cash from your bank when the bank is closed. It could be a useful solution to the voting-fraud problem, for example.
And, as Diebold has shown, it also can be a useful cause of the voting-fraud problem. But I suppose Dorf is right: Being that Diebold got in on the ground floor, as traders say, in the election-fraud game, the company should be uniquely positioned to provide the solution.

Only in America. Call your broker, ye of no conscience.

0 Comments:

Post a Comment

<< Home