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 We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.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 ...
Thanks, I’ll check out these other places.
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!
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.
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.
Carbonite Clusterfluck
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”.
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.
You guys are cracking me up!! First with the statement, then the response. Nothing like being around those with humor!
Invest in
"Two If By Tea"!!!!!
Exactly! Fluke them!
WOW! With their stock down today and just your letter - I can see the angst at corporate. Heads will roll. THANKS!!
I know, I felt the same way when I read it. Forty in one letter! LOL! Love it!
I just cancelled the 3 years I had left, and asked for a REFUND.
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...
Excellent, we need more people to contact them.
Excellent!
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?
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.
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