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Fun video

Old Bill Gates and Steve Jobs Video

Reading Time: < 1 minute

Last Updated on May 28, 2009 by stlplace

Here is a link at YouTube. I vaguely remember Microsoft developed the “Excel” program first on Mac, but I did not know Bill Gates personally worked on “Basic language” for Mac and made 30,000 from Steve.

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Fun

WallStrip is better than NBA

Reading Time: < 1 minute

Last Updated on June 1, 2007 by stlplace

It’s a business broadcast done in a new way. Here is the link. I heard about this site and watched a clip of “Crocs” a while ago. Now it appears WallStrip is available from Google Finance everyday (at bottom of the screen), probablly because WallStrip is popular in YouTube and Google now owns YouTube. Anyway, you may want to watch those two (Starbucks and Nike).

After watching the double over time of NBA game (between Detroit and Cleveland), endless commercials, I found this WallStrip is much entertaining. By the way, I do believe the guy does Nike’s commercials will win the NBA championship, because Nike is the biggest sponsor of NBA.   

Categories
Saint Louis Stocks

AG Edwards Acquired by Wachovia

Reading Time: 2 minutes

Last Updated on June 1, 2007 by stlplace

People often asked me where in the world is St. Louis, I told them the Missisipi River, Budweiser beer, the McDonald Douglas (no longer a standalone company), etc.

I think A G Edwards could be counted as a St. Louis icon too. But I did not realized it’s more than 100 years old until today it’s being acquired by Wachovia. The rationale for the buy is Wachovia is looking for opportunities in the baby boomers’ wealth management. After this acquisition the combined company, Wachovia Securities, will manage $1.15 trillion, operate 3,350 offices and employ 31,000 people. It will be the No. 2 US retail broker firm. Merril Lynch is still the No. 1.

Categories
Stocks

Global Equity Shortage I: US market

Reading Time: 2 minutes

Last Updated on May 31, 2007 by stlplace

First heard this “equity shortage” term from Jim Cramer, the host of CNBC “Mad Money”. I watched his show mostly for entertainment purpose, but I think this term desribes the “supply and demand” of global stock market well. Yesterday the S&P index in the US hit a new high at 1530. Last record was set in dot com era on March 24, 2000. To put it in perspective, on March 20 same year, I got my job offer from my current employer.