Larz Posted October 10, 2008 Share Posted October 10, 2008 Your judgment was sound. I also agree that the demographic of the fan in the stadium is going to change dramatically. I'm wondering if the "wanabe" rich are going to cough up the $40,000 or so. We'll see you're right again. a lot of the wannabe's are up to their eyeballs in debt in a good economy, even they may be pressed for cash. pressed in a different way, private school tuition and porche payments, but pressed non the less Link to comment Share on other sites More sharing options...
JETSFAN5180 Posted October 11, 2008 Author Share Posted October 11, 2008 you're right again. a lot of the wannabe's are up to their eyeballs in debt in a good economy, even they may be pressed for cash. pressed in a different way, private school tuition and porche payments, but pressed non the less Whats a porche is that like a decke............. Link to comment Share on other sites More sharing options...
Jetsfan80 Posted October 11, 2008 Share Posted October 11, 2008 Among the 10 worst days in the S&P 500's history (1962-present), the market bounced back and resulted in RETURNS over the next 3 months AND over the next 3 years (SOURCE: https://401k.fidelity.com/static/dcl/shared/documents/MKTG_Volatility_Worst.pdf ). In 1987, when the market dropped by over 20 % on 9/19, the next 3 months yielded 11 % returns between that day and year's end. The stock market will bounce back, and people will be buying PSL's, possibly in droves. Just need to be patient. Link to comment Share on other sites More sharing options...
CapeCoralJetFan Posted October 11, 2008 Share Posted October 11, 2008 They must be anticipating a lot of present season ticket holders NOT buying the PSL's. They have banners scrolling across the bottom of the "24\7", "Extra Point" & the others Jets News shows on SNY for the "The Coaches Club". Link to comment Share on other sites More sharing options...
Larz Posted October 11, 2008 Share Posted October 11, 2008 Whats a porche is that like a decke............. no, it's a car from germany that is typically associated with wealthy folk please tell me you knew that Link to comment Share on other sites More sharing options...
Larz Posted October 11, 2008 Share Posted October 11, 2008 They must be anticipating a lot of present season ticket holders NOT buying the PSL's. They have banners scrolling across the bottom of the "24\7", "Extra Point" & the others Jets News shows on SNY for the "The Coaches Club". the coaches club is a 2,000 seat area right on the field that is going up for auction soon Link to comment Share on other sites More sharing options...
Thor99 Posted October 11, 2008 Share Posted October 11, 2008 no, it's a car from germany that is typically associated with wealthy folk please tell me you knew that And it's spelled Porsche. Please tell me you knew that. Link to comment Share on other sites More sharing options...
Larz Posted October 11, 2008 Share Posted October 11, 2008 And it's spelled Porsche. Please tell me you knew that. oh so I got busted by the spelling police got it Link to comment Share on other sites More sharing options...
SeniorFlaJet Posted October 11, 2008 Share Posted October 11, 2008 Among the 10 worst days in the S&P 500's history (1962-present), the market bounced back and resulted in RETURNS over the next 3 months AND over the next 3 years (SOURCE: https://401k.fidelity.com/static/dcl/shared/documents/MKTG_Volatility_Worst.pdf ). In 1987, when the market dropped by over 20 % on 9/19, the next 3 months yielded 11 % returns between that day and year's end. The stock market will bounce back, and people will be buying PSL's, possibly in droves. Just need to be patient. This is an entirely different situation than what occurred in 1987. I don't disagree that in time it will come back but it will take a lot longer and cause more damage than in any time in financial history. Getting back to the PSL's, I think many more people with a priority in the length of time they have been a season ticket holder and sit in the lower deck will opt now to take advantage of their position and opt for the upper no PSL area. This will bounce a few more season ticket holders from even getting tickets. Link to comment Share on other sites More sharing options...
flgreen Posted October 11, 2008 Share Posted October 11, 2008 Among the 10 worst days in the S&P 500's history (1962-present), the market bounced back and resulted in RETURNS over the next 3 months AND over the next 3 years (SOURCE: https://401k.fidelity.com/static/dcl/shared/documents/MKTG_Volatility_Worst.pdf ). In 1987, when the market dropped by over 20 % on 9/19, the next 3 months yielded 11 % returns between that day and year's end. The stock market will bounce back, and people will be buying PSL's, possibly in droves. Just need to be patient. For people in the white collar crime, er jobs, this just started 2 weeks ago. For people in home building it started 18 months ago. This is going to be a bad one Link to comment Share on other sites More sharing options...
Blackout Posted October 11, 2008 Share Posted October 11, 2008 PSL = g-a-y Link to comment Share on other sites More sharing options...
Gainzo Posted October 11, 2008 Share Posted October 11, 2008 This is an entirely different situation than what occurred in 1987. I don't disagree that in time it will come back but it will take a lot longer and cause more damage than in any time in financial history. Getting back to the PSL's, I think many more people with a priority in the length of time they have been a season ticket holder and sit in the lower deck will opt now to take advantage of their position and opt for the upper no PSL area. This will bounce a few more season ticket holders from even getting tickets. I agree 100%. That is the route I would take as there would be no PSL and the tickets would be cheaper than what some of those people are currently paying. Link to comment Share on other sites More sharing options...
ZachEY Posted October 11, 2008 Share Posted October 11, 2008 Among the 10 worst days in the S&P 500's history (1962-present), the market bounced back and resulted in RETURNS over the next 3 months AND over the next 3 years (SOURCE: https://401k.fidelity.com/static/dcl/shared/documents/MKTG_Volatility_Worst.pdf ). In 1987, when the market dropped by over 20 % on 9/19, the next 3 months yielded 11 % returns between that day and year's end. The stock market will bounce back, and people will be buying PSL's, possibly in droves. Just need to be patient. The market will indeed bounce back. But this is a timing issue. Many forecast that the market will not be back so quickly. Could be years until we're 'even', and by then, the new stadium will be in full swing. With or without you in it. Link to comment Share on other sites More sharing options...
serphnx Posted October 11, 2008 Share Posted October 11, 2008 The auction will be a success, that's where the rich folks will be. The rich folks who caused this mess, are getting 100 million buy outs. Not to worry Not so sure about the lower bowl. A lot of those folks are scared right now lol gotta love it. Socialist buyouts, share the losses but not the profits. Your tax dollars at work. Link to comment Share on other sites More sharing options...
Maxman Posted October 11, 2008 Share Posted October 11, 2008 I merged this with the other PSL thread. I think Senior makes a really good point. The timing of this auction is getting worse. People are going to have a hard time spending luxury dollars on something like this when their portfolios are hurting like this. Actually feel bad for the Jets. No PSL in the upper bowl, they really seem like they wanted to do the right thing here. Not sure how well it will all work out though. Link to comment Share on other sites More sharing options...
Gainzo Posted October 11, 2008 Share Posted October 11, 2008 I merged this with the other PSL thread. I think Senior makes a really good point. The timing of this auction is getting worse. People are going to have a hard time spending luxury dollars on something like this when their portfolios are hurting like this. Actually feel bad for the Jets. No PSL in the upper bowl, they really seem like they wanted to do the right thing here. Not sure how well it will all work out though. Are you going to move from the mezzainene to the upper deck? I can't afford 5K for a PSL and I doubt anyone else can either. How long have you had your season tickets? That's an extremely important question because if you have enough seniority you can move to the upper deck and displace your fellow season ticket holders. That's not right at all. Link to comment Share on other sites More sharing options...
Maxman Posted October 12, 2008 Share Posted October 12, 2008 Are you going to move from the mezzainene to the upper deck? I can't afford 5K for a PSL and I doubt anyone else can either. How long have you had your season tickets? That's an extremely important question because if you have enough seniority you can move to the upper deck and displace your fellow season ticket holders. That's not right at all. I have been going since 1988. The tickets have been in the same name for 24 seasons. Right now I am of the mindset that if I can get two mezz seats at $4,000 each (the end zone) that I will do that. The only thing that makes that possible is the 4 or 5 year payment plan. So I have to see all the details on that as well. Link to comment Share on other sites More sharing options...
Gainzo Posted October 12, 2008 Share Posted October 12, 2008 I have been going since 1988. The tickets have been in the same name for 24 seasons. Right now I am of the mindset that if I can get two mezz seats at $4,000 each (the end zone) that I will do that. The only thing that makes that possible is the 4 or 5 year payment plan. So I have to see all the details on that as well. Is there going to be a multi-year payment plan? I hope so for you. I'm not sure if you remember but I sold my Pats season tickets this year because they went from $124 a seat to $169. IMO: Tickets are going to go up just about every season when the new Stadium opens. Is a PSL a good investment? Link to comment Share on other sites More sharing options...
3sixes Posted October 12, 2008 Share Posted October 12, 2008 I don`t think corporations will be spending the big bucks on these seats. I also don`t think Giants fans are going to spending the $20,000 for each seat either. Not at this time in our history. Don`t forget, these "prime" seats will cost $700 each ticket for each game. Who in their right mind will spend the $20,000 PSL fee plus another $7,000 for the ticket? You also have to double the cost if someone purchases a pair. I doubt anyone will be going there by themselves. It`s going to be a minimum of $12,000 a year for the next 4 years if one does the finance plan. For that kind of money one can get a top of the line HDTV system and enjoy the games in the comfort of their own home, which will have a roof over it, air conditioning and heat when needed. Don`t think I`m not a fan of the Jets, but I sort of hope none of the seats sell at all and the games will be blacked out around here. I hope it happens to the Giants too. That would surely teach the greedy bastards not to mess with something that wasn`t broken. No one wanted this new stadium. I don`t know of any Giants fans or Jets fans who wanted this new stadium(I know all Jets fans wanted their own stadium). They should have simply invested in a dome to cover the old one and refurbish it some. This was all the Giants fault. There was NO TALK of a new Giants Stadium being built until Woody pursued the WSS. The Giants would have none of that and along with the Dolans and Silver(who I`m sure will get the best of the best seats from the Giants along with the Dolans)royally screwed the Jets and us fans. There was no way the Giants would ever let the Jets upstage them in any way. So I`m hoping this PSL fiasco for both teams falls through and they are forced to scrap the entire PSL deal and eat the loss themselves. Link to comment Share on other sites More sharing options...
Maxman Posted October 12, 2008 Share Posted October 12, 2008 I don`t think corporations will be spending the big bucks on these seats. I also don`t think Giants fans are going to spending the $20,000 for each seat either. Not at this time in our history. Don`t forget, these "prime" seats will cost $700 each ticket for each game. Who in their right mind will spend the $20,000 PSL fee plus another $7,000 for the ticket? You also have to double the cost if someone purchases a pair. I doubt anyone will be going there by themselves. It`s going to be a minimum of $12,000 a year for the next 4 years if one does the finance plan. For that kind of money one can get a top of the line HDTV system and enjoy the games in the comfort of their own home, which will have a roof over it, air conditioning and heat when needed. Don`t think I`m not a fan of the Jets, but I sort of hope none of the seats sell at all and the games will be blacked out around here. I hope it happens to the Giants too. That would surely teach the greedy bastards not to mess with something that wasn`t broken. No one wanted this new stadium. I don`t know of any Giants fans or Jets fans who wanted this new stadium(I know all Jets fans wanted their own stadium). They should have simply invested in a dome to cover the old one and refurbish it some. This was all the Giants fault. There was NO TALK of a new Giants Stadium being built until Woody pursued the WSS. The Giants would have none of that and along with the Dolans and Silver(who I`m sure will get the best of the best seats from the Giants along with the Dolans)royally screwed the Jets and us fans. There was no way the Giants would ever let the Jets upstage them in any way. So I`m hoping this PSL fiasco for both teams falls through and they are forced to scrap the entire PSL deal and eat the loss themselves. Positive Rep for you. Link to comment Share on other sites More sharing options...
Maxman Posted October 12, 2008 Share Posted October 12, 2008 Is there going to be a multi-year payment plan? I hope so for you. I'm not sure if you remember but I sold my Pats season tickets this year because they went from $124 a seat to $169. IMO: Tickets are going to go up just about every season when the new Stadium opens. Is a PSL a good investment? I know you got rid of your tickets, that stinks. I don't think PSLs would be a good investment. If I can find a way to go I will because to me, it isn't an investment. Just got back to NJ after a week away, my 13 year old son is talking only about the game tomorrow. Trying to get some of his friends to go to the tailgate. So the bottom line for me right now is that I can't even think about not going any longer. I believe there will be a 5 year payment plan. Link to comment Share on other sites More sharing options...
Gainzo Posted October 12, 2008 Share Posted October 12, 2008 Positive Rep for you. I know a bunch of Jets season ticket holders who post here and a lot of them don't have the seniority that I have in Foxboro. Losing their tickets is a very real fact right now. As an NFL fan who has season tickets I'm really pissed off that this kind of stuff is happening. Link to comment Share on other sites More sharing options...
3sixes Posted October 12, 2008 Share Posted October 12, 2008 I`m a bit concerned about my seniority too. I have 18 years in but I`m sure I will be bumped out of my first row UD seats by someone with more tenure than I have. I`ve also noticed that the first row in the UD of the new Giants Stadium is a bit higher than the last row of the UD in the old stadium. Gonna need a damned telescope in the UD. Link to comment Share on other sites More sharing options...
Maxman Posted October 12, 2008 Share Posted October 12, 2008 I know a bunch of Jets season ticket holders who post here and a lot of them don't have the seniority that I have in Foxboro. Losing their tickets is a very real fact right now. As an NFL fan who has season tickets I'm really pissed off that this kind of stuff is happening. You mean guys like JoeBaby? No big loss. Link to comment Share on other sites More sharing options...
Maxman Posted October 12, 2008 Share Posted October 12, 2008 I`m a bit concerned about my seniority too. I have 18 years in but I`m sure I will be bumped out of my first row UD seats by someone with more tenure than I have. I`ve also noticed that the first row in the UD of the new Giants Stadium is a bit higher than the last row of the UD in the old stadium. Gonna need a damned telescope in the UD. Yes look at the two stadiums side by side. The new one is taller. In this case, taller isn't better. Link to comment Share on other sites More sharing options...
Pragmatic Bus Posted October 12, 2008 Share Posted October 12, 2008 Yes WE are all as wealthy as Donald Trump what was I thinking? i didn't know there was so much hate for rich people. its not there fault their rich Link to comment Share on other sites More sharing options...
Gainzo Posted October 12, 2008 Share Posted October 12, 2008 You mean guys like JoeBaby? No big loss. I think his "business" is recession proof if you know what I mean! Link to comment Share on other sites More sharing options...
Pragmatic Bus Posted October 12, 2008 Share Posted October 12, 2008 Whats a porche is that like a decke............. we know now what were dealing with. we can fix him! we have the technology Link to comment Share on other sites More sharing options...
ZachEY Posted October 12, 2008 Share Posted October 12, 2008 I don`t think corporations will be spending the big bucks on these seats. I also don`t think Giants fans are going to spending the $20,000 for each seat either. Not at this time in our history. Don`t forget, these "prime" seats will cost $700 each ticket for each game. Who in their right mind will spend the $20,000 PSL fee plus another $7,000 for the ticket? You also have to double the cost if someone purchases a pair. I doubt anyone will be going there by themselves. It`s going to be a minimum of $12,000 a year for the next 4 years if one does the finance plan. For that kind of money one can get a top of the line HDTV system and enjoy the games in the comfort of their own home, which will have a roof over it, air conditioning and heat when needed. Don`t think I`m not a fan of the Jets, but I sort of hope none of the seats sell at all and the games will be blacked out around here. I hope it happens to the Giants too. That would surely teach the greedy bastards not to mess with something that wasn`t broken. No one wanted this new stadium. I don`t know of any Giants fans or Jets fans who wanted this new stadium(I know all Jets fans wanted their own stadium). They should have simply invested in a dome to cover the old one and refurbish it some. This was all the Giants fault. There was NO TALK of a new Giants Stadium being built until Woody pursued the WSS. The Giants would have none of that and along with the Dolans and Silver(who I`m sure will get the best of the best seats from the Giants along with the Dolans)royally screwed the Jets and us fans. There was no way the Giants would ever let the Jets upstage them in any way. So I`m hoping this PSL fiasco for both teams falls through and they are forced to scrap the entire PSL deal and eat the loss themselves. I bet you the execs at ticketmaster have the same wishes as you. I'm sure they'll happily pay the PSLs and hold these tickets as long as possible. They could even hold them for 10 years, sell their tickets at a profit, then resell the season rights, w/ the original PSL, a reap a nice profit when the market is more stable. Link to comment Share on other sites More sharing options...
nj meadowlands Posted October 13, 2008 Share Posted October 13, 2008 What a crock of ****. Link to comment Share on other sites More sharing options...
joebabyny Posted October 19, 2008 Share Posted October 19, 2008 You mean guys like JoeBaby? No big loss. huh? I just saw this, wtf does that mean dude? lol Link to comment Share on other sites More sharing options...
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