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User information for Mr. Tact

Real Name Mr. Tact   
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Nickname Mr. Tact
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Homepage http://
Signed On Apr 9, 2004, 17:38
Total Comments 3612 (Veteran)
User ID 20582
 
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News Comments > Morning Metaverse
37. Re: Morning Metaverse Feb 10, 2014, 16:39 Mr. Tact
 
Creston wrote on Feb 10, 2014, 13:25:
You have a better ESPP than I do. I can do the same thing, 15% off the stock, it gets purchased every six months, you buy it for the lowest price either of day one or day 180, but I can't sell it for a year. So that makes it kinda pointless...
Yeah, that blows.

The only catch for us is we can't certificate the shares out for 18 months. But if you want to sell them, the vendor will do that on the first day the shares are posted to the account. Now, you do get a bit hosed, their pricing is pretty high compared to something like TradeKing or Scottrade. But it isn't horrendous. The last time I did that I think it was like $80 in fees to sell 1,000 shares. So, 10 times what I would pay in my Scottrade account, but low enough to live with.
 
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News Comments > Morning Metaverse
28. Re: Morning Metaverse Feb 10, 2014, 12:37 Mr. Tact
 
HorrorScope wrote on Feb 10, 2014, 12:21:
Which most financial advisors will tell you don't put all your money streams into your employer, paycheck and investments. You'd think that employees couldn't do that just to keep them safe and companies honest. But no, my company pushes their stock on their employees. I say no, even tough last year it was a monster and would have been a smart move for at least that year, but overall it is too risky.
Yeah, it really depends on the specific situation. For instance, I max out my 401k contributions, but none of the money is invested in my company except as part of my investment in a S&P 500 fund. However, my company also offers an ESPP (Employee Stock Purchase Plan). You put anywhere from $10 to $1000 per month into an account and every six months they use whatever is in the account to purchase company stock in your name at 15% under the lower of the prices from the start of the period or the end of the period. Which is a total win. Even if the stock price is going down, you can simply sell the shares the day after they are purchased and you immediately make 15% on your money.

The Dec. 31st purchase represented an immediate 40% gain -- the stock was up 25% from mid year. So, even though it's now down 15% in the last month, I really don't care too much.
 
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News Comments > Morning Metaverse
18. Re: Morning Metaverse Feb 10, 2014, 12:18 Mr. Tact
 
Creston wrote on Feb 10, 2014, 11:59:
Sorry, my own company isn't doing so hot these days, and when I read stuff about "COMPANY X IS DOING Y TO 401(k)!" I tend to go "OH SHIIIIIT!"
Yeah, once the money is in the account, you are pretty much good to go. The worst thing they can do to you is reduce the options of what you can invest in to things which you don't want your money in. For instance, if they gave you two options company stock or a "stable fund" ie.. basically money market. So, it's either gamble on the company, or take your .75% return. I haven't specifically heard of a company doing that, but it wouldn't surprise me.
 
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News Comments > Morning Metaverse
13. Re: Morning Metaverse Feb 10, 2014, 11:50 Mr. Tact
 
Part of what happened at Enron was employees were encouraged to put their 401k money into Enron stock. A standard investment ideal is you should never have more than 5% of your portfolio in a single company. But many employees either didn't know that, or ignored it and put most or all of their 401k investments into Enron stock. Which worked well in the beginning.. but was disastrous at the end.  
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News Comments > Morning Mobilization
2. Re: Morning Mobilization Feb 10, 2014, 09:13 Mr. Tact
 
I've never been particularly sensitive to insults of any kind -- my general reaction since I was a teenager was to say, "Yeah so." Seems to me this guy should have just turned off his twitter, stopped reading forums (or whatever), gotten a new email address and just been done with it. Pulling the game only means you let the trolls get to you...  
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News Comments > Sunday Mobilization
37. Re: Sunday Mobilization Feb 10, 2014, 07:41 Mr. Tact
 
I've heard of GTA5 and Angry Birds, but until now never heard of Flappy Birds or Candy Crush. But then, even though I have a smart phone, the only game I've ever played on it was Chess.

Hard to tell from his tweets if he is just emotionally fragile or if it is a marketing gimmick, I really don't care which it is. What I do know is I need to sit down and create a cheesy, addictive game and get it into the app stores. $50k a day? $850k a day? Holy Cow!

Edit: This WSJ story indicates he was having issue with his sudden fame and the trolling that comes with Internet fame.

This comment was edited on Feb 10, 2014, 08:16.
 
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News Comments > Activision Blizzard Financials - WoW at 7.8M Subscribers
11. Re: Activision Blizzard Financials - WoW at 7.8M Subscribers Feb 7, 2014, 13:50 Mr. Tact
 
BobBob wrote on Feb 7, 2014, 12:13:
I cannot a imagine healthy, hard working, family person having time to play an MMO.
Thank goodness I'm not one of those!
 
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News Comments > Out of the Blue
2. Re: Out of the Blue Feb 7, 2014, 10:04 Mr. Tact
 
Glancing through the list of "scandals and controversies" at previous Olympics, I'd say the organizers of these Olympics will be quite happy if that's the kind of problems they have. We/they just don't want another Munich...  
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News Comments > Activision Blizzard Financials - WoW at 7.8M Subscribers
8. Re: Activision Blizzard Financials - WoW at 7.8M Subscribers Feb 7, 2014, 09:36 Mr. Tact
 
I might sign up again when the new expansion comes out, totally skipped MoP. By the time the new expansion comes out I'll have been out for over three years...  
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News Comments > Star Citizen Passes $38M
33. Re: Star Citizen Passes $38M Feb 6, 2014, 09:01 Mr. Tact
 
Has any kind of timeline been provided on this? The Kickstarter is now 15 months past getting funded. (not saying that's bad, just providing information)  
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News Comments > EverQuest Next Requires 64-bit OS
41. Re: EverQuest Next Requires 64-bit OS Feb 4, 2014, 22:30 Mr. Tact
 
bhcompy wrote on Feb 4, 2014, 13:15:
I feel like I'm in another world here. People complaining about a 64 bit requirement,...people complaining about bandwidth requirements
Nice fail. No one complained about a 64 bit requirement. I simply asked if they would hold their ground because I suspected a good portion of their customer base wasn't using a 64 bit OS. Additionally, I said it was reasonable, but didn't know if their customers would agree. And the discussion continued from there.

As for the bandwidth requirement, it depends on what the actual usage is. In a world of bandwidth caps, if it really does regularly need an active 3Mb connection, that's probably problematic.
 
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News Comments > John Carmack on Leaving id
11. Re: John Carmack on Leaving id Feb 4, 2014, 20:54 Mr. Tact
 
I'm guessing John Carmack doesn't think it was wasted time or money. I sure wish I had the cash to indulge my more expensive interests.  
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News Comments > Take Two Financials - GTA5 Sells > 32M
38. Re: Take Two Financials - GTA5 Sells > 32M Feb 4, 2014, 18:30 Mr. Tact
 
Apparently the numbers were not good enough, the stock gapped down today, down over 9% today.  
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News Comments > Gone Gold - Thief; New Trailer Released
11. Re: Gone Gold - Thief; New Trailer Released Feb 4, 2014, 10:23 Mr. Tact
 
They removed jumping? WTH?  
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News Comments > EverQuest Next Requires 64-bit OS
10. Re: EverQuest Next Requires 64-bit OS Feb 4, 2014, 10:21 Mr. Tact
 
Wallshadows wrote on Feb 4, 2014, 10:07:
I mean, even if you have the machine to run this game well, it still has a 10Mbps 'minimum' requirement tagged on
Holy cow! What the hell are the doing that requires that much bandwidth?
 
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News Comments > EverQuest Next Requires 64-bit OS
5. Re: EverQuest Next Requires 64-bit OS Feb 4, 2014, 10:06 Mr. Tact
 
vacs wrote on Feb 4, 2014, 10:00:
You do know that there is a 64-bit version XP Pro available? So XP users can still play this game when it comes out
I did know that, but I have no idea if they represent 1, 5, 10, or 50% of the installed XP base. If I had to guess, I'd guess under 10%.
 
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News Comments > Out of the Blue
3. Re: Out of the Blue Feb 4, 2014, 09:44 Mr. Tact
 
YES!

 
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News Comments > EverQuest Next Requires 64-bit OS
2. Re: EverQuest Next Requires 64-bit OS Feb 4, 2014, 09:27 Mr. Tact
 
It will be interesting to see if they hold their ground on this. I'm pretty sure there is a fairly large installed base of XP still. It's a reasonable thing to do, just not sure their customers are reasonable.  
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News Comments > Take Two Financials - GTA5 Sells > 32M
28. Re: Take Two Financials - GTA5 Sells > $32M Feb 4, 2014, 08:04 Mr. Tact
 
Yosemite Sam wrote on Feb 3, 2014, 19:39:
Knew I should have bought TT stock last Jan, just not the gambler type.

Well, yes, TTWO is up 71% since 4 Jan 2013. So even in a hot year for the market they kicked ass. However, you are still down 25% if you bought it in 2008, as much as 30% down if you bought in 2005.
 
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News Comments > Take Two Financials - GTA5 Sells > 32M
26. Re: Take Two Financials - GTA5 Sells > 32M Feb 4, 2014, 07:31 Mr. Tact
 
ViRGE wrote on Feb 4, 2014, 06:51:
Mind you, 2013 was sort of a down year for movies. Only one movie grossed more than a billion dollars.
Uh, only 17 ever have. http://www.the-numbers.com/movie/records/
 
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3612 Comments. 181 pages. Viewing page 22.
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