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Went one night to Dorton arenas and watched some wrassling. Went to the airport hotel afterwards and partied with Buzz Sawyer and Dick Slaughhter. You young wrassling pups probably don’t remember them. I think they just wanted to bang the chicks we were with but they were shot down. Lol!
All those stats are important but I look at the third down efficiency rate. You have to get off the field on defense and sustain drives (and score preferably) on offense. Look good on the offense side of things. Not so much on defense. That being said they made key plays at critical moments on defense.
AT you made your bed when you married her. With that being said she must be an amazing woman that you still married her and she was a UNC girl. A lot has to make up for that stain.
Va Tech would be perfect for that type of regional rival. Don’t think they need to be out of conference to accomplish that. Sh*t we barely play them!
Something about turf in ND stadium is just wrong. I missed an opportunity to see a game there while they still had grass.
I don’t like all this gambling talk. These are amateurs and student athletes and their games should be treated as such. Haha just kidding. Love betting on these games. Like NFL better.
Is Bama that bad or WVU that good? Lane Kiffin has to be the most hated asst. coach in college football.
One game. Let’s not get ahead of ourselves. Never the less it was a strong performance.
If a bullfrog had wings he wouldn’t bump his ass!
My background is in accounting as well. FB68 all your points are valid.
Bill, If we look at the property as other than $$ then there are several reasons to keep the land and I agree with them. Hunting, nature conservancy, you name it.
That unrealized appreciation may never be realized if you don’t sell it. When you do sell it, that amount of unrealized appreciation may be no where you thought it was. It is hard to compare tracts of land that size in comparable past sales to gauge a value or price. Strictly for financial reasons (even if the price was a bit low) I think it is a good deal. It gives them so much more flexibility. For the other reasons mentioned it is not.
If the state of NC tried to buy it they would have low balled the price even more. They would be playing both sides of the fence. On one side they have the taxpayers of ALL of NC to appease to pay as little for it as possible. On the flip side the money from the sale goes to a state funded school. There is no winner in that battle. Like someone mentioned above the Dix property and the difficulties they have had trying to price and value that property. There is nothing like that in the Raleigh area. What is the real value? Commercial, residential, or nature/parks? All three would pose a different value based on the potential buyer.
Credits don’t pay short term debt and they do expire and are at that the mercy of good hearted public servants (sarcasm). Again if pension companies and other potential buyers don’t feel timber is a good investment then their offer could have been lower than the 150M. We may never know.
Don’t get me wrong there is a lot of dirty s*it going on and this may be one of them. I am aware of the depletion cost recovery. It just reduces basis like any other income producing personal property you may sell.
B on the beach, I still don’t see how selling the land is the worse of the options. If I earn at minimum of a three percent return on average I am getting at least 4.5M a year. Not even close to the 900K you mention. Of course it doesn’t come close to FB68 estimate. I guess it is somewhere in the middle That is just assuming that I only invest in debt related obligations. Now equities are growing at a nice clip. Also I see that you recognize that they can never have enough timber to cut but discount(undervalue) the investment of the earnings they are getting on the 150M.
Don’t disagree with the back room deals and the dirty politics. Risk is inherent in any decision they make. Hell the timber could develop some sort of disease or insect(Pine beetle). The market could tank but again I say on average 3 percent return, that accepts the good and the bad years. I think 3 percent is still conservatively low. I admit I am timber novice(even as far as to say dummy) but to me this is not as bad as some project. If I am invested in timber I am at the mercy of timber prices. If the investment(equity or debt) is not performing I can move it.
I am open to be educated more on the timber business. They could have had this on the market for ten years and this was the best offer they got. Not everyone has 150 to 200M laying around. What a willing seller(will accept) and a willing buyer can offer is what its worth. Could be that expenses are going up and and timber prices are too volatile(their eyes) to expect the revenues to keep up. Correct me if I am wrong but this money is going to the endowment fund which I think is a nonprofit and taxes are minimal if any. If I am wrong please correct me on that.
Ok if Rodgers is the first QB off the board who is the second? Last year I had PM and I rode him to one loss record. Read several magazines that quarterbacks always drop after a year like that. Does he drop enough that others are more likely to have a better year? I know there are some Broncos homers here. Do you take PM again with his age increasing and the arm strength dwindling. I think seattle laid a blue print on how to stop the Manning attack. I think you take Brees and maybe rivers ahead of him. Who else? It’s hard to say PM won’t have at least two thirds of the TD’s he had last year and still that’s a career season for some.
I’m a steelers homer so of course I think he(Ben) will have a good year. The addition of archer and miller one year removed from his ACL repair will make a difference.
Thanks bill. I like that. I just got into skeet shooting a couple years ago. Bought my first 12 gauge shot gun. Bought a used a Beretta over under. Got a great deal. Hope to do some dove hunting soon.
Redisgood, I hear you. I keep checking back to see who is the winner with the old age issues. I am 43 and blessed to have only a bad knee. Good health can change in a blink of an eye so good karma goes out to all here with whatever is ailing them.
Well, I believe in the soul, the c*ck, the p*ssy, the small of a woman’s back, the hanging curve ball, high fiber, good scotch, that the novels of Susan Sontag are self-indulgent, overrated crap. I believe Lee Harvey Oswald acted alone. I believe there ought to be a constitutional amendment outlawing Astroturf and the designated hitter. I believe in the sweet spot, soft-core pornography, opening your presents Christmas morning rather than Christmas Eve and I believe in long, slow, deep, soft, wet kisses that last three days.
~ Crash Davis, Bull Durham
Had to pilfer a great line to keep up
I guess I’m close minded. 60%
CD, I bet that shocks you since you think I am tree hugging nature lover! LOL
CD,
You must be hearing the same thing that I have regarding Avent. Evidently Ms. Yow was EXTREMELY angry about the 2014 baseball results after the faith she showed the previous year.
