Forbes.com has a great piece on former microprocessing kingpin Intel, which held its annual meeting today (being Wednesday). The lowdown on the thoroughly reported story is that Intel may be building things up higher (or better) than they actually are. At the meeting, Intel employees were busy rolling out the red carpet for investors - dubious investors, according to Forbes. But it was the kind of eagerness that psychologists might call forced coersion, i.e. making the best of an increasingly bad situation. Says Forbes: "Intel's investors could certainly use some fun, however geeky. Intel shares are down almost 25% this …

Member Avatar
Member Avatar
+0 forum 1

IDC is out with its annual IT market forecast and, at first glance, 2008 won't be setting any box-office records, business-wise. According to the Boston-based consultancy, growth in global technology spending will slow next year, rocked by a potential U.S. economic downturn that could crimp spending on computer hardware. Overall, IDC estimates worldwide technology spending growth to range between 5.5 percent and 6 percent in 2008, down from about 7 percent this year. U.S. spending growth will dip to 3 percent to 4 percent next year from 6.6 percent in 2007, IDC said. The report also predicts that companies will …

Member Avatar
+0 forum 0

A quiet holiday week so far in the technology side of the stock market. Most of the action will take place in the retail sector, with both Best Buy and Comp USA opening on Thanksgiving night - - well ahead of Black Friday. Early holiday shoppers can expect to find computers, digital cameras, and HD TV's at lower prices, as retailers are determined to do what it takes to get people in the door. Back in the markets, I did run across a report from Gartner Group that touts the application acceleration equipment market. In it, Gartner keeps coming back …

Member Avatar
+0 forum 0

90% of the game on Wall Street is picking stocks that will rise before they actually do. It's not easy. If everyone could do that, then everyone would be doing that. But stock-picking is not easy. It's akin to shooting an arrow at a moving target that you can't even see yet. Hockey legend Wayne Gretzky used to say that his greatness as a hockey player came not from going where the puck is, but where it was going to be. Same idea with stock investing. You have to anticipate where the winners will be, then go there. One way …

Member Avatar
Member Avatar
+0 forum 1

The Wall Street Journal has an interesting article out this morning touting a new defensiveness among investors -- and what they plan on doing to protect their portfolios against a possible recession. "With the housing downturn, credit crunch, gloomy employment data and a parade of maudlin financial forecasts have been enough to send some investors scrambling for bubble gum and beer," says The Journal. "While economists jawbone about whether the U.S. will sink into recession, investors already are thinking of ways to prepare their stock portfolios for a downturn." The article states that, even if there isn't a full-blown recession …

Member Avatar
+0 forum 0

The End.