"Dying" Tech Companies
Here are some companies that I thought are just “hanging over” in the tech industry:
AMD – Advanced Micro Devices Inc.
As I said earlier, AMD had lost ground and can no longer remain competitive with Intel. AMD has ambitious goals, but it doesn’t have deep pockets like Intel for research and development. Last week, it had [...]
Microsoft is Buying Yahoo for $44.6 Billion
Sold 1000 shares of YHOO @ 27.75.
Microsoft is buying Yahoo for $44.6 billion! Now Google is facing some STRONG competition. In this market, it is all about timing. Microsoft released this news right after Google posted disappointing results yesterday.
Google Earnings
This is the first time since IPO that Google missed their earnings. It is very rare that this happens. As a result, the stock plummeted 6.6% from Thursday’s close to $527.03 after hours. Like VMware, Google only missed the earnings slightly, by one cent. The revenues went up by 51% compared to last year, but still missed analyst [...]
Tagged as: ads, adsense, adwords, down, Earnings, ebay, google, guidance, missed, online, pay-per-click, search engine, spamsNew IPO – NetSuite
This is an interesting IPO. It will begin trading on the NYSE as symbol “N” on Dec. 20, 2007 at $26 a share! I don’t have much information about it for now since it is a new IPO. Delivering software over the Internet is an interesting concept, and seems to be the future “trend”. Furthermore, [...]
Tagged as: competitors, google, larry ellison, netsuite, oracle, salesforce, softwareYahoo!
Bought 1000 YHOO shares @ 23.39 USD
I bought Yahoo because of the following reasons:
It is near the lows of the past 3 years.
It is the 2nd largest search engine in the world.
Online advertising is still a major trend in the Web industry.
It is not as volatile as other stocks like Google.