On Wednesday, Lower Merion spokesman Doug Young called Levin's lawsuit 'solely motivated by monetary interests and a complete waste of the taxpayer's dollars.'
I'm appalled by the sheer lack of concern of the privacy issue raised by this lawsuit, and the respect for students indicated by this official statement. I'd start a campaign to vote out the current admin if my children were given this kind of treatment.
I think it is worthy for iphone owners to go "hysterical" by taking necessary steps to disable this kind of tracking, or have apple correct this excessive tracking.
Even so I feel pretty comfortable affording the current standard of living. As long as it is still legal for a foreign person to find work in the US, and personally knowing many current foreign students who are willing to go through the same experience that I did, Americans are expected to continue to feel the same wage pressure and competition from this group of foreign graduates, who will take up real, secure jobs that other Americans probably can use to fulfill the American dream. In my opinion, the h1b sweat shops are simply a proxy for contracting to overseas and does not really mattters.
A detestable practice when taken to the extreme. Especially when in electronic world where consumer's data is increasingly used to exploit the consumers themselves, rather than help businesses provide better services.
IANAL, It looks like price discrimination is only illegal if it hampers competition, but not if it only unfairly treats a certain segment of consumers.
If valuing based on dividends, you need to consider the possibility of the company growing for several years, and, upon reaching mature state, starts to pay dividends. In a few years time, earnings may have grown several times due to reinvestment and growth, and the resulting annual dividend payout would be a sizable amount. You'd get a justifiable price today by discounting the hypothetical payout.
However, many things could happen between now and then. Management can hoard the money and give themselves big bonuses, buy out/crush competition at significant premium, issue more stocks thus diluting the dividends, or the company could grow in size but keeping profits low (thus low dividends if any). These factors have to do with the quality of governance, safeguarding shareholders interests.
A shrewd investor should gauge the real possibility of the company being run into the ground by its management and board of directors.
We warn the reader in advance that the proof presented here depends on a clever but highly unmotivated trick. -- Howard Anton, "Elementary Linear Algebra"