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I have to admit, when my brother Kevin told me he was an avid Netflix subscriber I looked at him like he was loonier than usual.
Netflix? You mean the guys who send you DVD's in the mail, then you watch'em and return'em? Those guys?
The business premise seemed arduous from a customer's...
Read More | Feb 27th, 2008
Lots to talk about today. You've probably already have read about Microsoft's $45 billion buyout of Yahoo. Obviously, Microsoft is giving up on its MSN web portal and throwing it's weight and capital behind Yahoo. For Yahoo, which has seen its stock slide precipitously in the last year, the deep...
Read More | Feb 1st, 2008 | Comments: 1 | Last Comment: Feb 2nd, 2008
Just checking out some of the stock prices of the big online retailers after Black Monday – the biggest online shopping day of the year.
eBay was up 3.45% in Monday trading while Amazon was up 3.0% -- both prices indicative of the bullish sentiment investors are showing on online retail...
Read More | Nov 27th, 2007
Remember Enron? Or Global Crossing? Or World.com?
I bet the people who owned stock in any of these failed companies recalls the experience.
The run-up on Wall Street during the 1990's gave investors, especially employees of companies who invested heavily in those companies via their 401(k) plans,...
Read More | Sep 13th, 2007
Apple to iPhone Customers: “Mea Culpa”
With Apple in the headlines all week from its iPhone pricing debacle, I’ve kept a close eye on the company’s stock price.
One rule of thumb on Wall Street is that if your company find itself in the news for negative reasons, take control of the issue...
Read More | Sep 10th, 2007 | Comments: 2 | Last Comment: Sep 13th, 2007