Sales tax on online shopping coming?

Reading Time: < 1 minute I read two news this week, which makes me think this is coming. Keep in mind many local governments are upside down in terms of budget and debts, any tax revenue helps. Collecting tax revenue from online merchants in remote places like Seattle (HQ of Amazon) is a convenient choice. Expedia (Nasdaq: EXPE) tax lawsuit… Continue reading Sales tax on online shopping coming?

A new beginning

Reading Time: < 1 minute For some of the auto dealers in this country. I know this title is a bit misleading, but it’s no worse than those “attention getting” balloons flying outside of car dealerships 🙂

Will Newspapers go away one day?

Reading Time: 2 minutes I remember a few years ago Warren expressed his dismal view on Newspapers future (in his annual shareholder letter). A few days ago Redstone (the controlling shareholder of CBS and Viacom) said something similar in an interview. “The reason we have not gone to newspapers is because its a slow growth industry and I think… Continue reading Will Newspapers go away one day?

My view on Credit Cards: from both sides

Reading Time: 2 minutes (Update 23Apr09) It seems Obama administration is going to make credit card more consumer friendly (marketWatch). So are they going to socialize the credit card: I mean, you and me (i.e., honest guys) pay the credit cards on time each month, will bail out the deadbeats, after we bailed out the Wall Street ??? We… Continue reading My view on Credit Cards: from both sides

Renewable engery, recurring revenue

Reading Time: 2 minutes Chinese solar stocks are on the fire these days, mostly due to the Chinese goverment subsidy news (like this one). For me, this solar thing is ONS, not for long term investments at this time. The most worrisome thing for solar, is not the over-supply (competition), is not the volatility of raw material cost (as… Continue reading Renewable engery, recurring revenue

Categorized as Business

Ingersoll Rand

Reading Time: < 1 minute Company web page; Google Finance; Yahoo Finance; quick facts on Trane unit. 2Q 2008 results (Bloomberg), released on Aug 1. ====== Ingersoll-Rand Co., the maker of Thermo King and Hussmann refrigeration equipment, said second- quarter profit rose 26 percent after acquiring air conditioner- maker Trane Inc. Profit from continuing operations climbed to $262.5 million, or… Continue reading Ingersoll Rand

Amazon and Jeff Bezos

Reading Time: < 1 minute Saw this from Yahoo Tech-ticker. While I would not necessarily compare Amazon/Bezos to Apple/Jobs, I admire Amazon the company and Bezos as a business leader. That being said, the stock (Nasdaq: AMZN) is still not cheap, with a PE (ttm) about 40. As a customer, some of the features I like about Amazon over the… Continue reading Amazon and Jeff Bezos