By DAVID MOON, Moon Capital
December 23, 2001
With only two shopping days remaining in the Christmas season, you may have
some last-minute errands or other overlooked Christmas details. If you are
rushing to finish you gift list, here are a few other presents you might decide
For former Notre Dame head football coach, George O'Leary, a gift certificate
to the One Day Resume Service.
For the Enron auditors at Arthur Anderson, a copy of 'Principles of
Accounting.' Maybe the Cliff Notes version will get them started.
For your next door neighbor, the former dot.com billionaire, a gift
certificate to the One Day Resume Service.
For Bridgestone-Firestone CEO, Masatoshi Ono, a Ford Bronco. With
For former UT President J. Wade Gilley, an anonymous e-mail account.
For the Tennessee Thundercats, a full house for all their home games.
For downtown Knoxville, some more people.
For Wall Street analysts and fund managers, a requirement to buy (with their
own money) all of the stocks they recommend.
For the school children of Knox County, a truce.
For the people of California, a speedy recovery from the failures of
For Vice President Dick Cheney, good health. And a comfortable 'secure
For all PC users, a Windows version that never crashes.
For value investors, another two years like the last two.
For Hewlett Packard, a better acquisition strategy than buying Compaq.
For all elected officials, public e-mail addresses.
For all television viewers, an end to government controlled cable monopolies.
For Federal Reserve Board Chairman, Alan Greenspan, the wisdom to know when
to retire. (Not yet.)
For the World Bank, a clue.
For Jesse Jackson, one subject into which he does not stick his nose.
For the hosts of all the soon-to-be-cancelled 'reality shows' on television,
a gift certificate to the One Day Resume Service.
For the NFL officials, the right to throw back.
For Vanderbilt alumni, enough bowl games for everyone.
For University of Tennessee alumni, an end to the decline in the value of our
For annuity investors everywhere, a full understanding of
what they actually own.
For stock investors around the world, more greed, less logic, and more
emotion. It makes it easier for the rest of us.
For the Department of Justice, a copy of 'The Importance of the U.S. Patent
System,' from Bayer ' maker of Cipro.
For General Electric, better relationships with European anti-trust
For Dynergy, better timing on their next acquisition attempt.
For Wall Street analysts, the foresight to downgrade a stock before it hits
$0.84 per share.
For AT&T, a business plan they stick with for more than a year.
For U.S. taxpayers, continued bickering and fighting between democrats and
republicans in congress. If they are fighting with each other, they are
more likely to leave us alone.
David Moon is president of Moon Capital Management, a
Knoxville-based investment management firm. This article
originally appeared in the News Sentinel (Knoxville, TN).