posted
Question? Does Master Card recieve the service fee's from the Banks and not share in the interest money?
If they do share in interest money? But I do not think they do.....A World wide trend is begining that folks pay the full charge when they recieve their statement...So I quess MC is not affected by the trend, correct?
But what if the Banks demand a reduction in fee's if profits fall from less profits from interest...?
$80.00? Valuation will really have to pick up..
Posts: 10729 | From: oregon | Registered: Feb 2005
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What I do know is debit cards are becoming huge. Everyone uses them now instead of checks, for the most part. Mastercard gets transaction fees on these also.
It just so happens that my debit card, which I use multiple times a day is a Mastercard. I think their revenue will be heading up myself. People are getting away from checks/cash and moving to cards.
quote:Originally posted by Dustoff101: Question? Does Master Card recieve the service fee's from the Banks and not share in the interest money?
If they do share in interest money? But I do not think they do.....A World wide trend is begining that folks pay the full charge when they recieve their statement...So I quess MC is not affected by the trend, correct?
But what if the Banks demand a reduction in fee's if profits fall from less profits from interest...?
posted
Creator, ya got that right.....I use my debit card even on vacation..But sign as a Credit card for Security measures..That way nobody can get your pin number.
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by Dustoff101: Creator, ya got that right.....I use my debit card even on vacation..But sign as a Credit card for Security measures..That way nobody can get your pin number.
yeah I always use mine as credit also because i get 1/2 percent cash back on every purchase through my bank...
Posts: 730 | Registered: Mar 2006
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posted
I watched Bulls and Bears with Brenda Buttner (on Fox tv) and all 6 of her panelists agreed that MA is massively undervalued right now and should be up around the $80 range before the end of the summer.
I usually only trade half my money and keep the other half in the money market, it allows me to beat the settled funds rule without needing a margin account. Now I am thinkng of throwing my "extra" half into this for a few months.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by Doniboy: I watched Bulls and Bears with Brenda Buttner (on Fox tv) and all 6 of her panelists agreed that MA is massively undervalued right now and should be up around the $80 range before the end of the summer.
I usually only trade half my money and keep the other half in the money market, it allows me to beat the settled funds rule without needing a margin account. Now I am thinkng of throwing my "extra" half into this for a few months.
Saw that as well. Posts: 4381 | From: houston | Registered: Mar 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by Doniboy: Where ya been Invester?
I've been around. I've just been working on several deals lately. Not to much time around the computer. Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Has anyone seen, heard, or read Jim Cramer's view of Mastercard yet?
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
Yeah, this one is a long play. Selling at $80.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
Just keep a cool head here....I still don't like the action by the Bankers at outset..Sumpin ain't quite right with the delay and the decrease in the IPO price...
Think I am just a grumpy ole Bear? Well maybe not...
Check out the scandal breaking out on the Vonage IPO...
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
I think that the Vonage problem affected the opening price for MA as well. MA didn't want to be considered another failed IPO so they decreased the starting price, saw a nice 18% gain and gave the investors the good feeling of a nice IPO that went green on day one.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
Not for nothing, but Cramer, during the lightning round, just called for a "Buy, Buy, Buy" on Mastercard. He said its Cheap right now!!
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
I agree Peaser, I just wish that I had more to put in this one. The keep saying that Mastercard is second to VISA in the market, which they are, but you know what? Visa is private, so Master card is the LARGEST PUBLIC CREDIT CARD COMPANY. This should be much hire I expect. They just cannot lose any big lawsuits and we'll be great here.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
I agree, the thing is that the lawsuits have been figured into the share price apparently from what they've said the past few weeks on CNBC. We'll see what happens. I'm in long-term regardless.
Cramer's pump gives us a 50/50 chance anyhow as his accuracy isn't the greatest IMO.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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posted
47.01, this is nice. People starting to recognize that this should be worth a hell of a lot more??
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
now a drop?? People are actually daytrading this thing??
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
What do you guys think the overall economy condition is going to do to this stock?
Seems like we're headed for a bad situation. Adjustable rate mortgages are going to be putting a lot of people in way over their head when they need to refinance. Foreclosures already rising steadily. Throw in extremely high energy prices and you've got a lot of people maxing credit lines without the ability to pay them off.
Agree, great company, good long term...but wonder about the next 6 months or so.
Posts: 1053 | Registered: Mar 2006
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posted
I think that people will use credit no matter what. Besides, I do don't think that Mastercard gets stuck with the Bill if you do not pay, I think the merchant does. Correct me if you think I am wrong but Mastercard makes all its money on transaction fees, and does not pay the merchant until you pay your bill. If that is true than they have very little risk.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
No, mastercard pays the merchant less transaction fees. They definitely make a lot of money on transaction fees, but if people don't pay off their debt, Mastercard eats it.
Posts: 1053 | Registered: Mar 2006
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quote:Originally posted by Doniboy: I think that people will use credit no matter what. Besides, I do don't think that Mastercard gets stuck with the Bill if you do not pay, I think the merchant does. Correct me if you think I am wrong but Mastercard makes all its money on transaction fees, and does not pay the merchant until you pay your bill. If that is true than they have very little risk.
My thoughts exactly, the Banks that hold the accounts are the ones collecting the debts as they are the ones offering the credit, not MC. MC is simply the vehicle I believe.
The banks right-off bad debts annually.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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