Skip to comments.Investors flee Carbonite after Limbaugh announcement
Posted on 03/06/2012 11:46:54 PM PST by Impala64ssa
On Saturday, Carbonite CEO David Friend released a statement on his companys website declaring that Carbonite had decided to withdraw advertising from Rush Limbaughs radio show in the wake of his controversial remarks involving Georgetown Law student Sandra Fluke because it will ultimately contribute to a more civilized public discourse:
Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.
However, it hasnt done much to contribute to his companys stock price. Since the market opened on Monday through its close today, Carbonite stock (NASDAQ:CARB) has plummeted nearly 12 percent, outpacing the drop of the NASDAQ index in that same time period by nine-and-a-half points. It was also one of the biggest decliners on the NASDAQ on Tuesday.
(Excerpt) Read more at dailycaller.com ...
...or even stopped at slut, which was the absolute truth.
Life can suck when you completely alienate your PAYING clients.
Ping for later
But you bought it at Costco!!!!!
That was BEFORE the Rush kerfuffle!
Kim Komando has been advertising Carbonite much longer than Rush. She has a Saturday radio show 7-10 AM PST. Oh! Did I mention she “cut her teeth” at IBM?
Here is an interesting article by Kim that everyone might wish to read: http://www.komando.com/tips/index.aspx?id=12120
The article explains why the FBI might make it difficult to get online March 8.
I have McAfee total protection for my 3 computers. It has a cloud based back-up as a standard feature.
Now would be a good time for some smart competitor to run an ad campaign with Rush.
I’m guessing Carbonite will sell off even more today. Rush was by far the biggest name associated with them, and they haven’t been doing very well since their beginning. And the overwhelming majority of Rush listeners are big, big supporters. I think they cut their throat with this stupid move.
So you take a backup of your home computer and keep it at your desk at work, and a backup of your work computer you take home. Any disaster that completely destroys both locations will mean you have bigger things to worry about than your data.
If you work from home, substitute "some nearby relative or bank safe deposit box".
And as I mentioned before, it's really a win/win for them. They are anti-business anyway, so destroying a few businesses while trying to take Rush down is a bonus. That the businesses are ignorant enough to participate in their own destruction is mind blowing.
True, they would have had to face having their Facebook pages littered with incoherent rambling trash, but they are getting that anyway AND losing their real customers on the right.
A simple statement of "while we don't necessarily agree with the statement, we support Freedom of Speech and Freedom of Association." should have been all that was necessary.
I’m kicking myself for not shorting them when I found out they pulled their advertising.
The opposite is also true, and Rush has alluded to it by saying he can’t comment on it. (see “apophasis”)
New advertisers’ stock shoots up upon announcement of their sponsorship of Rush.
“So you take a backup of your home computer and keep it at your desk at work, and a backup of your work computer you take home. Any disaster that completely destroys both locations will mean you have bigger things to worry about than your data.”
I have no idea what you are babbling about.
I do not work. I do not even live in the USSA.
All I said was that anyone who needs serious backup should
use an off site service.....period
If Carbonite goes under because of this, what do you think will happen to your data?
I went to a “cash position” on most of my savings/retirement stuff several months ago.
We’re looking at a severe overall crash coming up,
and it won’t be pretty.
And all I said was rather than use a web-based off site service, just take a damn backup and store it someplace else.
I use Time Machine on my Mac . . . but you make an excellent point about physical security. Wonder if theres a way to use Time Machine to make multiple backups . . .
Or maybe I should just get a second drive and periodically back up my Documents file and my photos . . .
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