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Investors flee Carbonite after Limbaugh announcement (they dumped him)
TheDC ^ | March 6, 2012 | Jeff Poor

Posted on 03/06/2012 2:54:50 PM PST by Rufus2007

On Saturday, Carbonite CEO David Friend released a statement on his company’s website declaring that Carbonite had decided to “withdraw” advertising from Rush Limbaugh’s 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 We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.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 hasn’t done much to contribute to his company’s 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.

...more...

(Excerpt) Read more at thedc.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: carbonite; fluke; limbaugh; nasdaq; obamasupporter; rushlimbaugh; sandrafluke; sandytheslut
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To: cherokee1

Thanks, I’ll check out these other places.


61 posted on 03/06/2012 3:47:54 PM PST by rabidralph
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To: Rufus2007

Just what I want...give my data to someone else to hold and if I need it give it back piece by piece. What a piece of crap!


62 posted on 03/06/2012 3:48:27 PM PST by Portcall24
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To: unixfox

I think the whole “off site” backup selling point is so you don’t lose everything if your house disappears (fire, flood, quake, etc)

We have another year on our Carbonite account but we will not be renewing...unless they back down.


63 posted on 03/06/2012 3:50:23 PM PST by hattend (Jesus wants me to make churches pay for abortions. - Barack Obama)
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To: capt. norm

I am sure Carbonite has good intentions. However, the IRS probably has other ideas. What I do stays on my computer and simple back up.


64 posted on 03/06/2012 3:52:33 PM PST by AGreatPer (Obama has NEVER given a speech where he did not lie!!!)
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To: Rufus2007

Carbonite Clusterfluck


65 posted on 03/06/2012 3:55:26 PM PST by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: Kratos
That's right. USB thumb drive will accommodate all my data on my pc.

I just back up the data files. All the application files are on CD. No big deal.

I get the feeling Carbonite is going to get “Fluked”.

66 posted on 03/06/2012 3:56:22 PM PST by PA-RIVER
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To: Hodar

I hote after looking at your link that CARB had stabilized after their 4th quarter profits announcement. Investors appeared to be pretty happy with the announcement, and the $9.50 price. They also have been granted a new patent, and some other good news.

In addition, the “sentiment” indicator now is (still) at “very bullish” for CARB.

The current activity is SOLELY due to their dropping Rush, it seems to me.


67 posted on 03/06/2012 3:56:49 PM PST by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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To: mojitojoe; C. Edmund Wright

You guys are cracking me up!! First with the statement, then the response. Nothing like being around those with humor!


68 posted on 03/06/2012 3:59:02 PM PST by presently no screen name
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To: SOSCEO
When one speaks to 20 million people a day, like Rush does, one (Rush) has the bully pulpit! People leaving Carbonite in droves. I got Carbonite a couple of years back, based on Rush's recommendation, but I dropped them about a year ago.

Invest in

"Two If By Tea"!!!!!

69 posted on 03/06/2012 3:59:23 PM PST by Road Warrior ‘04 (I miss President Bush! 2012 - The End Of An Error! (Oathkeeper))
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To: PA-RIVER
I get the feeling Carbonite is going to get “Fluked”.

Exactly! Fluke them!

70 posted on 03/06/2012 4:01:07 PM PST by Road Warrior ‘04 (I miss President Bush! 2012 - The End Of An Error! (Oathkeeper))
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To: SOSCEO

WOW! With their stock down today and just your letter - I can see the angst at corporate. Heads will roll. THANKS!!


71 posted on 03/06/2012 4:04:27 PM PST by presently no screen name
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To: tulloss

I know, I felt the same way when I read it. Forty in one letter! LOL! Love it!


72 posted on 03/06/2012 4:08:36 PM PST by presently no screen name
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To: Rufus2007

I just cancelled the 3 years I had left, and asked for a REFUND.


73 posted on 03/06/2012 4:29:58 PM PST by goodnesswins (2012..."We mutually pledge our Lives, our Fortunes, and our Sacred Honor")
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To: rabidralph
What’s an alternative to Carbonite? I use them to back up my computer.

CrashPlan BackBlaze Mozy i have used all 3 and I like Crashplan best. My $0.02
74 posted on 03/06/2012 4:43:56 PM PST by Delphster
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To: Bushbacker1

Invest in

“Two If By Tea”!!!!!


I don’t drink tea.

But, I bought a case from one of Rush’s sponsors.
Rush
at twoifbyteadotcom...
He is one of the sponsors of his show...


75 posted on 03/06/2012 4:44:52 PM PST by Freddd (NoPA ngineers.)
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To: Rufus2007
Carbonite?


76 posted on 03/06/2012 6:16:03 PM PST by grundle
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To: SueRae

Excellent, we need more people to contact them.


77 posted on 03/06/2012 9:43:39 PM PST by Aussiebabe
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To: SampleMan

Excellent!


78 posted on 03/06/2012 9:48:44 PM PST by Aussiebabe
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To: SOSCEO
Excellent work. I wish I was in the position to make a similar stand.

Next question is, which of the options to say Carbonite are companies with sound conservative values? Anyone know or is being "not Carbonite" or "not Citrix" good enough?

79 posted on 03/06/2012 10:59:12 PM PST by BlueMondaySkipper (Involuntarily subsidizing the parasite class since 1981)
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To: Kratos

No kidding. 32gig flash is $19 bucks. that’s a ton of storage for your really important stuff. my last 20 years won’t take up half that and I save all kinds of files.


80 posted on 03/07/2012 12:47:36 AM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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