Displaying 1-14 of 14 messages in this thread. |
Posted By | Discussion Topic: WWFE lies | ||||
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Sir Okonkwo | posted on 02-21-2002 @ 5:09 PM | ||||
Psychopath Registered: Jun. 01 | I know nobody really cares, but just a few things I'd like to point out. Before the No Way Out PPV, WWFE issued a press release hyping the return of the NWO. Nothing too out of the ordinary there, but one quote really stood out to me. quote:This is false. Hogan's first tour of the WWF was from 1979-1981, he was a mid-carder and actually did some jobs, including getting pinned cleanly by Tony Atlas. It's not the biggest lie in the world, but it shows that the WWF has little respect for the intelligence of their fans and stockholders when blatant mistruths are presented as solid fact, and with a minimal amount of research, can be easily debunked. Which brings me to my next point: today's press release regarding their third quarter fiscal results. There's a whole lot in there (including blaming Sept. 11 for decline in business at WWF New York), but there are two quotes that really baffle me: quote: quote:Now, in the first quote, they're saying that the increase in live events was well received by the fans. But the second quote totally and completely contradicts this statement. Average live show attendance, third quarter last year: 10683 Average live show attendance, third quarter this year: 7321 So the WWFE wants stockholders, fans, and the media alike to believe that a drop in attendance of 31.5% equates to a "well received initiative". Sorry, that's bullshit, and if I owned any WWFE stock I'd be fucking pissed. Read the results for yourself here, lots of good stuff that will leave you scratching your head in confusion. But that's probably their intention. Bottom line: disregarding the loss they took from starting the XFL last year (5.5 million), and the profit they made this quarter by folding the XFL (4.6 million), the WWF made $4.8 profit off wrestling in the third quarter this year, compared to $17.2 million in the same quarter last year. That's a 72.1% loss in wrestling revenue, which is an EXTREMELY big deal. No wonder they're lying. FTL is not to blame for this abomination of a sig pic. | ||||
Jack Meehoff Teh funny blah blah absent blah blah teh blah | posted on 02-21-2002 @ 5:43 PM | ||||
Psychopath Registered: Jan. 02 | quote: Uhm... Just curious but wasn't the WWF actually the WWWF at that point? | ||||
Philly Tool | posted on 02-21-2002 @ 5:48 PM | ||||
Hanger-On Registered: Jan. 02 | When they say "well received by fans", do they mean only fans that go to the shows? Are PPV buy-rates higher? TV ratings up? Just wondering if show attendance is the only number in the equation. | ||||
Hello! Hello! Diamond Dust! Hello! | posted on 02-21-2002 @ 5:55 PM | ||||
Psychopath Registered: Feb. 01 | OMG! A company that had losses (or at least loss from their popularity a year ago, as they're still profitable, albeit much LESS profitable) sugar coating things and finding accounting loopholes to make it not look as bad as it really is. OMG! THAT NEVER HAPPENS IN BUSINESS! LIARS! OH NO! WHY, LINDA, WHY? BTW, if you look close, you might find a little hint of sarcasm in there. What Linda did today is called, "What every other friggin' company does when they're in the WWF's situation." HELLLLLLLLLLLLLLLLO! | ||||
Sir Okonkwo | posted on 02-21-2002 @ 6:21 PM | ||||
Psychopath Registered: Jun. 01 | quote:Vince changed the name from WWWF to WWF back in 1979. quote:Obviously, everything they do is "well received" by at least a few fans. But when the actual numbers provided later in the report contradict the obvious spin doctoring, while not necessarily a flat out lie, it's definitely an attempt at deception. Something investors don't like very much. PPV buyrates and ratings are also down, in addition to ticket sales for live events. I just used the show attendance because that's an example given specifically in the report as something that was "well received by fans" when the numbers show the complete opposite. quote:One word: Enron. Investors are already very skeptical, and Linda's words didn't help any. The ineptness and lack of respect for investors shown in the press report, reflects almost perfectly the ineptness and lack of respect for fans shown in the product. It's almost too perfect. FTL is not to blame for this abomination of a sig pic. | ||||
HyBriD FN Moron is an indian giver!! I had my cool status for about 10 min. then it was gone. GONE! G.O.O.F.B.A.H.G.S. Agent WD40 Licensed to Kill My spoon is TOO BIG. (finally) Hanger-on to the JYDs for LIFE I INVENTED ORANGE MOTHERFUCKER This status is sponsored by: P®oJë©T M@¥hέm | posted on 02-21-2002 @ 6:27 PM | ||||
O&A Board Regular Registered: Sep. 01 | sir o's sig rules. it can't rain all the time | ||||
Leaking Nipples | posted on 02-21-2002 @ 6:40 PM | ||||
Psychopath Registered: Mar. 01 | quote: Just lay off the WWF a bit. They're no Enron and it's more than insulting to insinuate they are. The fact is that no one understood how Enron worked, that Enron knew they were losing money and made an effort to hide those losses from investors. WWFE is still making a profit. All that crap that you are pissed about is called PR. The facts are still there and anyone who is serious about investing will do more than glance at a Press Release before handing over money. quote: Who cares? WHO CARES!? What does it matter? And, technically, it is true. I am 99% sure that when Hogan was with the WWF the first time, he was called Terry Boulder. So, Hulk Hogan's first tour with the WWF WAS when they mentioned. Maybe if they said Terry Bollea's first tour was then you'd be right. Opie's right about this board. | ||||
Sir Okonkwo | posted on 02-21-2002 @ 7:08 PM | ||||
Psychopath Registered: Jun. 01 | I'm not saying WWFE is in the same situation as Enron. Not even close. But there are parallels there when it comes to deception of stockholders.quote:What about people who previously invested in WWFE stock, and were promised things that thus far haven't been delivered? And how the company that they own shares of stock in, is releasing fiscal reports that are blatantly deceptive at best? quote:Time to start searching for the missing 1% of your brain, you know, the part that might actually work. Hogan wrestled as Terry Boulder in 1978 in Alabama and Memphis, managed by Jimmy Hart. He worked for NWA Georgia as Sterling Golden in 1979, capturing the NWA Southeastern Championship Title, before being hired by Vince McMahon Sr. to work in the WWF as Hulk Hogan, managed by Freddie Blassie FTL is not to blame for this abomination of a sig pic. | ||||
JackDan1974 | posted on 02-21-2002 @ 7:08 PM | ||||
O&A Board Regular Registered: Jul. 01 | Enron, and WWF two words that should not be in the same sentance much less compared to each other. | ||||
Signguy Anyone want advanced screening tickets to Halloween 57? I didn't think so. | posted on 02-21-2002 @ 7:26 PM | ||||
Psychopath Registered: Jan. 02 | quote: Don't they call him the Mouth from The South? | ||||
Leaking Nipples | posted on 02-21-2002 @ 7:59 PM | ||||
Psychopath Registered: Mar. 01 | quote: I'll take it and use it for better things than Hulk Hogan's career pre-1983. For your information, the first line from that Press Release: quote: The Bottom Line. The first sentence in the release. Please. PLEASE!!!!!!!!!!!!!!!!! TELL ME!!! Tell me what is "blatantly deceptive" about that!! PLEASE!!!!!!!!!! Maybe my one percent of my brain isn't enough to handle this. PLEASE!!!!! HELP ME UNDERSTAND!!!! I WANT TO!!!!!!! quote: What we have here is PR spin. And maybe its true. One could look at that and say that the fans that did attend recieved the intiatives well. Maybe its bullshit. MAYBE people have IQs over 23 and can read through this crap. MAYBE we all are losers for wasting our time on this crap. I'm such a loser. I can't believe I wasted my time reading a WWF Press Release. | ||||
irishcros | posted on 02-22-2002 @ 12:48 AM | ||||
Psychopath Registered: Feb. 02 | DARN wwf. Bunch of liars. Let's boycott them for it. Officially Self Appointed Moderator The Whole Fucking Thread Austen went down on me | ||||
skitchr4u G.O.O.F.B.A.H.G.S. Xtreme Skiing Assualt Force | posted on 02-22-2002 @ 9:04 AM | ||||
O&A Board Regular Registered: Dec. 00 | I just want to ask a question...did the wwf tour the same venues this third quarter as compared to last year? because, they can sell out arena after arena, but if they go to a smaller place (like the did 2 weeks ago for raw) it will have smaller attendance figure. And I really think it might be nit picking to show hogan's career from 79-83 not included in that press release...he was a mid-card jabroni, and didn't get a push (serious push) til around 83 which is what the release is stating. oh, and nipples, this has nothing to do with the show, so i don't think opie was talking about this stuff at all... | ||||
TheJays This status sponsored by: P®oJë©T M@¥h?m: I MAKE COOL PICTURES Proud To Be An American | posted on 02-22-2002 @ 9:54 PM | ||||
Psychopath Registered: Jan. 01 | quote: Well, duh. Isnt because the WWF is all fake? Fo shizza my nizza, is it ok to say nizza? | ||||
Displaying 1-14 of 14 messages in this thread. |