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Fun

St. Louis water tastes best

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Last Updated on June 26, 2007 by stlplace

From Associated Press: “Raise your glass and celebrate. A glass of tap water, that is.

The US Conference of Mayors says St. Louis has the best tasting city water in America. More than 90 American cities submitted tap water to be judged on taste, clarity and aroma.

The conference reduced the field to 15. Celebrity judges performed a blind taste test. And then hundreds of mayors chose from among five finalists.

St. Louis came out on top today, besting Toledo; Colorado Springs (in Colorado); Long Beach and Anaheim in California.”

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Fun

Another Milestone for GOOG

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Last Updated on June 25, 2007 by stlplace

Today marks another milestone for the search giant Google, its market capital (outstanding shares times the stock price) exceeded Warren Buffett’s good old Berkshire Hathaway’s market cap $165.71 B at one point (when Google stock hit today’s high at $534.99), GOOG closed at $527.42 (with a market cap of $164.32 B).

BRK.A is a holding companies of some well known companies, such as Geico and Diary Queen. Just think Wall Street values Google as valuable as all these (50?) very well managed traditional companies putting together, are we seeing another bubble here?

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Fun Stocks

Heelys Secondary Update

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Last Updated on June 25, 2007 by stlplace

It appears they cut the secondary offering almost by half, amid the dropping of the stock price lately. (presumably there is a lack of interest by institutional buyers). Here is the amended SEC filing. They are going to sell 4.5 million shares instead of original 8 m shares. Now if they could find enough buyers for this.

Separately, I took some profits by selling half of my CROX.