It's a trick that Captain Kirk used to fool Balok.
Posted on 03/14/2012 2:08:08 PM PDT by bigbob
When Carbonite Inc. stock took a quick plunge this week, there was an obvious consensus about what caused the move: The company pulled advertising from Rush Limbaugh’s talk-radio program after the controversial host made inflammatory remarks about a Georgetown University law student.
Yes, the market could have feared that Limbaugh’s fans would cancel Carbonite’s service, an online back-up solution for consumers and businesses, or mount their own boycott. Or maybe investors assumed Carbonite (US:CARB) will suffer because it will no longer have access to Limbaugh’s audience.
Or it could be that investors saw in the release of the company’s Form 10-K this week that nearly all of its gross profits, some $37 million, went to pay for sales and marketing costs, presumably the ads the firm bought on more than 40 different talk-radio shows.
Whatever you may believe is the cause, Carbonite is the Stupid Investment of the Week.
(Excerpt) Read more at articles.marketwatch.com ...
“I am a rush listener and I am quitting carbonite.”
I had just decided I needed to go with them. Glad I didn’t.
Please log into your Carbonite account TODAY - RIGHT NOW - and change or remove the credit card info that you have in there. Please don't take a chance that they 'authorize' the renewal a little too prematurely and then you are stuck! Edit the info so that even if they try and submit it to the credit card processing it will fail authorization.
Agree. I figure if hackers can break into the DoD they can surely get into Carbonite, et al. Google recently admitted that their employees could look at your stuff in Dropbox.
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Send treats to the troops...
Great because you did it.
www.AnySoldier.com
(An entirely free service)
I need online backup, and was thinking Carbonite would do. That’s changed because of the Rush thing. And we hear now also that the leftist Carbonite ceo has been a huge contributor to O, Howard Dean, Kerry on and on.
Carbonite’s decision will reap unexpectedly negative results. The problem is that most potential users, having seen their tv ads, were willing to go with Carbonite out of sheer convenience. Customers will understand that there are probably better & less expensive options, but reason that Carbonite seems to have their act together, and to save research time the customer just goes with the visible Carbonite choice.
Now, myself included, customers will go ahead and make the minor effort to find an alternative to leftist Carbonite.
I just found some options: Prosoftnet, Crashplan, Mozy (of VMWare), Norton Online Backup, SOS Online Backup.
Why do you need online back up when storage is so cheap?
Local storage has 2 possible problems. I’m going to do local anyways, but the problems are 1) theft !!, 2) loss of harddrive (a real issue for someone who moves around a lot).
So, it seems online backup provides the ultimate failsafe.
Carbonite? What’s that?
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One of many copycat products for backing up your files ,, they’re all derivatives of IBM’s DFHSM product I was using 30 years ago.
I was being facetious. I know what Carbonite is and the quantity that made it worth ‘something’ was Rush Limbaugh.
There are many good backups on the market that does the same job, less expensively. I use ClickFree which costs little but does a complete job of backing up my info on my large computer which I then transfer to my desktop. It work like a champ.
Goodbye, Carbonite. I’ve relegated you to the scrapheap of history.
It's a trick that Captain Kirk used to fool Balok.
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