 
|
|
The Neo-Market Report by Stereolab |
  |
|
Once again it’s time for Neopia’s Sultans of Stocks… the Titans of Trading… the Poobahs of Public Offerings… please welcome Neopian Times Financial Experts Maria Blumeroono and Neil Kauvuto. Their guests today will be Yippie founders David Fuzio and JubJub Yang, who will discuss the volatile world of e-business on the Neonet. And now, here’s Neil and Maria… KAUVUTO: Hi and welcome once again to another installment of The Neo-Market Report. I am your host Neil Kauvuto… BLUMAROONO: And I am your co-host
Maria Blumeroono. It’s been a very busy week on the floor, so we’ve got
a lot to cover. Foremost is the phenomenal rise of the Neodaq. After a
brutal crash a few weeks ago, the index has soared past the 1000 mark
and is currently at about 1300. Based on its recent performance it doesn’t
look like its going to stay there for long, with analysts predicting a
surge into the 2000’s by the end of next week. The Auction Genie has been
among the stocks which have powered the recent surge, leading the way
with an incredible jump in value since the company was bought by media
titan Lupert Murdoch earlier this week. It rounded out the week at over
900 NP a share. However, the biggest stories have been Kacheek Telecomm
and Cybun Electronics, who have each rolled to phenomenal gains. Other
stars on the big board this week included Faerie Clothing Ltd., Neopian
TV Channel One, and Techrobatic Fitness Videos, whose value has quintupled
in the last two weeks. KAUVUTO: Amazing as it might seem, there were actually a few losers on the floor this week. Among them was the Confederation of Fish Lovers, who after getting a boost from a Neopian Journal of Medicine story last week took a hit when this week’s issue of the journal included a retraction of that story by the editor. Other losers included Skeith Feeding Limited, The Shoyru Company, and Neonet juggernaut Yippee. Here to discuss why their company hasn’t been in on this latest Bull Rush are the founders of Yippee, David Fuzio and JubJub Yang. Thank you for joining us gentlemen… DAVID: Thanks for having us on, Neil… Maria. JUBJUB: Thank you… KAUVUTO: Now, as you might expect, what everyone wants to know is, why do you think that your company has yet to really take off during this current Bull Run that we are experiencing in the market? DAVID: Well, I think in light of the fact that, with big media companies such as Cybun and Kacheek setting up their own search engines on their sites, the fact that our value has managed to remain consistent is a tribute to our user loyalty. You know, its not as if millions of our users decided to start using Kacheek when they put up their site… JUBJUB: Yeah, I mean, given the volatile nature of the Neonet, the fact that we’ve settled into some semblance of stability is actually kind of a relief. BLUMAROONO: However, to the average investor out there, why should they put their money in a company which is staying steady when there are so many others like Kacheek and Cybun which are taking off with record earnings… DAVID: Granted, the success of those companies is phenomenal, but the thing people need to understand is that that kind of volatility is a double-edged sword. Just as quickly as a stock can skyrocket in value it can easily plummet as well… JUBJUB: And that’s what the investors who support us realize. We’re not just here for the quick buck. Our intentions are to steadily progress without any of the risks involved in some of the other ventures. KAUVUTO: So what would you say the future holds for this market? Can it possibly keep up its current breakneck pace? JUBJUB: Well, I’d hate to be a spoil-sport or anything, by I really think that, once the market stabilizes we’ll start to see just who are the companies with a solid long term strategy. DAVID: In the short run some of these companies might be making money hand over fist, but if they don’t know how to invest wisely then they aren’t going to keep what they’ve got for very long… BLUMAROONO: Gentlemen, we’d like to thank you for coming by today… DAVID: Thanks, guys… JUBJUB: Our pleasure… KAUVUTO: And that’s gonna do it for this week’s Neo-Market report. But before we leave you we’d like to share a story that was sent in by one of our readers. If you’ve got any letters or stories which you would like to send to us here at The Neo-Market Report please email them to NeopianTimes@neopets.com. For Maria Blumaroono this is Neil Kauvuto saying good night, and thank you for joining us. See ya next time!
|
|