Column Chronicles: Twitter as a tool, part two

Twitter as a tool, part two

Frank Cotolo
May 14, 2015

In a previous article, we interviewed a wise Wall Street investor about Twitter's value as a commercial company. We ran out of room, so here is the completion of the interview.

US: Where were we?

HIM: You were going to ask me questions about Twitter in the future.

US: Well it is the future. This is part two of the interview.

HIM: So ask some pertinent questions.

US: Wouldn't you rather me ask questions that are challenging?

HIM: No. You are wasting my time unless you ask me specific questions about Twitter's future as a good investment.

US: Let me ask you this. If I had a hundred bucks, how long would it take me to make a thousand if I bought Twitter stock?

HIM: I don't think anyone will ever get ten times their investment in Twitter.

US: Okay, but what about making a thousand from a hundred?

HIM: That is ten percent and you wouldn't get that much no matter how long you sat on the investment.

US: Do you suggest sitting on investments?

HIM: You have to leave stocks alone for a while, you can't expect them to get you a profit in a short while.

US: What about a stock that goes from two dollars to twenty-two dollars in one day?

HIM: That's a pipe dream.

US: So investing in companies that make pipes is a dream investment?

HIM: No, stupid, I mean it's stupid to think a stock will go up that quickly, no less from two dollars to twenty-two dollars.

US: If Twitter continued to be an Internet site but it had a spin-off company that made pipes, do you think that company would be a good investment?

HIM: What are you talking about?

US: Twitter, the company. What are you talking about?

HIM: I'm done here.

US: Before you go, can you tell me if you follow Wheat Thins on Twitter? Sir? Come back, please?

Frank Cotolo can be found hosting the talk and interview programme Cotolo Chronicles. You can send him an e-mail at this address: frank@148.ca.