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
Reading Time: < 1 minute Fannnie and Freddie crisis I read Burham’s beat Fannie Mae’s Golden Goose article last Friday, after seeing the dramatic stock actions of FNM and FRE on that day. Following that, I also reviewed Barrons March 11 article, IS this Fannie Mae Toast? Yeah, it looks like it. The bad thing is, those executives at Fannie
Reading Time: 2 minutes These days the talk of Belgium/Brazil beer maker potential takeover of Anheuser-Busch (NYSE:BUD) is getting St. Louisians attention. Note Anheuser-Busch is not just a large beer maker based in STL, it’s also has roots in the city and the community. (Bottles of Stella Artois beer pass along a production line at an InBev brewery in
Reading Time: < 1 minute Last week I had the opportunity to try the latte at a new McDonald restaurant near my home, it was good. The middle size iced carmel latte cost $2.79 ($2.99 after tax), slightly cheaper than Starbucks. One caveats (as I understand), not many McDonald stores offer those espresso at this time, the new ones offering
Reading Time: 2 minutes I sold some Mindray stocks (MR) last Friday and today, and I bought some Syngenta (SYT), the European agriculture company. I think it is a more reasonably valued stock (compared to my across street neighbour Monsanto), in this ag (soft commodity) boom. The thing I want to make sure is it does not bust very
Reading Time: 2 minutes (Update) I started this article a few months ago. Just as I complete it today, I heard the Elliot Spitzer’s scandal (possibly criminal prosecution) regarding his involvement in prostitution ring. How ironic. I hope people don’t discount Elliot’s relentless effort to clean up the Street, no matter what comes out of his case. (Original) When
Reading Time: 2 minutes Last week one of the news in wireless arena is Sprint Nextel wrote down all the book values for the Nextel acquisition (about $29.5 billion, see Bloomberg). Put it in perspective, this is one of the largest fiascos of corporate merger&acquisition in recent history. The magnitude is in the league of AOL and Time Warner
Reading Time: 2 minutes Ballmer has been chasing Jerry Yang for a year, and today he ran out of patience. Interestingly enough, I learned it from CNBC first time (around 5:30 AM central time). Note, last time I watched early CNBC, it was Jan 22 global crash…so the lesson for me don’t get up too early π The desperation
Reading Time: < 1 minute Q&A about housing price in China, by Vanke (000002.SZ) Chairman Wang Shi. He wrote those Q&A in his own blog. I put it together here because it’s a bit hard to read 7 articles separately. I left out couple tables because it’s hard to paste. I’m interested in the Chinese housing for two reasons: 1)
Reading Time: 2 minutes (Update noon Jan 18) Opps, the Bush rally only last couple hours π Seriously, I do welcome this $1,600 per family tax rebate. Maybe a trip to Europe this Spring? Oh well, that won’t help the US economy directly. (Original) I mean, to the stock market. Yesterday, after Ben spoke in Congress and painted a
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