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September, 2006 Archive

Contemplating unloading Nokia CP ADS

I got a bunch of Nokia CP ADS (NOK) when I took over managing my dad’s portfolio and don’t know what to do with it. It’s been pretty rangebound over the years and doesn’t seem to get any decent traction. I’m thinking about selling Nokia CP ADS (NOK) into about $21 if it gets there in the near term and switching over to Apple Computer, Inc. (AAPL), my other tech name. Or, does anyone have a better idea of how to play this situation or another tech name to fill the empty Nokia CP ADS (NOK) spot if Nokia CP ADS (NOK) is just going to stay lame? Read the rest of this entry »

Starting Young in Stocks

This little 2yr old knows what it’s all about- MAKING MONEY! That’s why I watch and listen to Jim Cramer, and you should too. I’ll post updates of the trades I made this week…and there were quite a few trades. For now, watch this video and check out the headlines out of Jim Cramer’sTheStreet.Com on the right column.

Beefing up Tech with Akamai and Marvell

Increased my tech exposure yesterday by adding to my position in Akamai Technologies, Inc. (AKAM) and started a position in Marvell Technology Group, LTD. (MRVL). I’m going with the idea that tech season lasts only from Labor Day to Thanksgiving, so every week that goes by are missed gains and a smaller and smaller window before Thanksgiving. Read the rest of this entry »

A Little Mastercard Inc (MA) Skim

Sold about a third of my Mastercard Inc (MA) holdings on Friday at $64.79. I got in to Mastercard Inc (MA) in the mid 40’s and thought to myself this over 40% gain is ridiculous and better cash in some of these gains before I give it all back like with some other stocks…then I was kicking myself when it shot past $65. But yeah, its impossible to call the top and its why you should never buy or sell all at once. I think Mastercard Inc (MA) is great and am staying with it long term, but the recent jump is too much I think to sustain. I may be wrong and will be kicking myself again if it shoots to $70 in the near term. I’ll be looking to buy it back Read the rest of this entry »

Apple (AAPL) Picking Season

Started a quarter position in Apple Computer, Inc. (AAPL) to increase my tech exposure on Friday, 9.8.06. I admit I was trying to get in before the Apple conference on Tuesday, when the new iPods, iTV, and movies on iTunes was released. Still, Apple’s innovative products and attempt to move into the living room makes this a good investment in the next Read the rest of this entry »

Facebook (with feeds) is now Stalkbook

It’s true! Now you instantly know what everyone and their mom is doing on Facebook! Obviously this was a big mistake (even the WSJ knows) on Facebook’s part, but why did it take actually implementing the news feed system and the big backlash of complaints for Facebook to realize it and make the change? Maybe its ambition (to make Facebook better), greed (to attract advertisers and somehow monetize the damn thing), or likely both. Read the rest of this entry »

Movie Review: Invincible

invincible_poster

The Walt Disney Company (Quote: DIS) scores another hit with Invincible. I strongly recommend watching this inspirational movie for anyone and everyone, although I was the only one in the theater under 60 when I saw it yesterday (maybe because it was the noon showing on a weekday). I did not know Vince Papale’s amazing story going into the movie, that and the fact that it was a true story made the unfolding of events exciting and moving. Read the rest of this entry »

Intel Cuts Jobs out of Embarrassment

From CNet to ZDNet and the Wall Street Journal, the word is Intel Corporation (INTC) will cut between 10,000 to 20,000 of its 100,000 strong (or weak) workforce. My source puts the job cut count already at 3,000 with 13,000 or more coming soon, although Geekygirl seems relatively optimistic about her position at Intel ahead of the official job cut announcement on Tuesday, . That would put the layoff count near the upper range of the estimate, and the jobs being cut most likely won’t be limited to the marketing as reported in the Sacremento Mercury News. Read the rest of this entry »

Baby Boomer Infrastructure

BPpipeline

I believe the recent shutdown of the BP [BP Plc (Quote: BP)] Pipeline on the North Slope of Alaska’s Prudhoe Bay Oil Field [BP Prudhoe Bay Royalty Trust (Quote: BPT)] is just the first of many infrastructure problems to disrupt not just our oil supply but the nation’s operation. The fact is we don’t bother fixing most things until they are broken, and the lifespan of many of the infrastructure that our nation is built on, whether they be pipelines, building foundations, electrical lines, or even airplanes, are due to break down in the near future. The majority of the big infrastructure built after WWII (i.e. the Baby Boom Infrastructure) won’t last much longer. Read the rest of this entry »