Sounds like it might be time to buy up some Cisco.
Bobby I believe I might get some TRID and STX and perhaps some AKAM later today...

10/16/2006 1:16:29 PM

whats up with this point of view?

http://www.lightreading.com/boards/message.asp?msg_id=139253

i'm not as familiar with this sector

10/16/2006 1:59:08 PM

Sums up my feelings about the patent.

10/16/2006 2:01:56 PM

Quote :

"Meanwhile, the core producer price index, which excludes food and energy costs, rose a surprising 0.6%, the most since January 2005, as the price of motor vehicles jumped at the fastest rate in more than 15 years. Read the full government report."

Is this why the market is down today?

10/17/2006 10:09:01 AM

somewhat. any downside today/in the coming week and half will have a lot to do with profit taking from the last couple of weeks run up. also, Intel reported a not so hot quarter. Chips usually are a leading indicator of the tech sector; and in the last decade, the tech sector has been a leading indicator of the economy. we may see some cooling off/selling off in the next month, but then i think the markets will be up higher leading up to Q4 reporting season.

10/17/2006 10:21:34 AM

maybe the market can do one of those things where it starts out low - and ends up >1%.....like its been doing for 3 months now. I hate downer days....

anyone think this 3 month increase is about to go down in a massive sell off?

10/17/2006 10:29:05 AM

not massive, but definitely a noticeable selloff.


interesting take on ETFs

http://tinyurl.com/y2luvb

10/17/2006 10:39:15 AM

that TIE shit has done well. 25-29 in like 2 weeks

10/17/2006 11:22:30 PM

Sonuvabitch, should have bought AAPL a long time ago. Like, when it was in the $20 pre-split range when I was still in high school...

10/18/2006 10:42:56 PM

How will his effect GOOG. What exactly did they get when they bought YouTube. You aren't earning any "keep away from the lawyers crosshairs" points when you are doing stuff on tenuous legal grounds

http://techdirt.com/articles/20061018/231831.shtml

10/19/2006 10:49:14 AM

Bobby--looks like AKAM is on a nice low note today...might consider buying some more?

10/19/2006 12:55:31 PM

Alright I just went on a stock buying spree...(finally had a few minutes to sit around and think about it).

30 shares of AKAM @ $46.48
100 shares of STX @ $21.50
10 shares of RMBS @ $18.14 (had 90 before, I wanted an even 100 )
20 shares of TIE @ $29.70
40 shares of TRID @ 23.80

Didn't want to throw all my eggs into one basket.

10/19/2006 1:18:25 PM

yeah, you picked a better time to buy AKAM than I did.

I'm down about 7%, but I'm going to hold on to it for a while. I see content delivery as a market that's still very very young, and AKAM is poised to reap the benefits. Even when they were recently downgraded, the forward projections are good:

"While we believe the results and forward guidance will demonstrate continued strong growth, we also believe the recent appreciation in stock price has fully incorporated the company's dominant market position," he wrote in a note to investors.

The analyst also wrote that he expects the company's earnings to grow more than 35 percent over the next several years, given exploding demand for content delivery on the Web."

I'm tempted to buy more, but I've already got a fairly large share of my portfolio in AKAM, and I've got other stocks on my radar in other sectors.

10/19/2006 1:48:47 PM

Bad day for AMD...
(bad day for AMD = possible good time to buy AMD)

[Edited on October 19, 2006 at 3:11 PM. Reason : ]

10/19/2006 3:07:43 PM

HOLY SHIT GOOGLE AFTER HOURS = ON FIRE

10/19/2006 4:26:36 PM

wow, thats impressive.

10/19/2006 4:32:30 PM

what do you guys think about RedHat now? RHAT

10/19/2006 5:02:09 PM

ahhh remember the days when google would go up (or down) 25-30% after earnings call.....

10/19/2006 9:53:47 PM

If GOOG jumped ~$120 after this conference call I think I'd shit myself. ...and then sell my GOOG. It'd probably immediately drop from profit taking anyway.

10/19/2006 10:37:59 PM

I'm still shaking my head over Google buying YouTube. Do you guys think Google can keep YouTube's traffic/popularity while avoiding litigation?

10/20/2006 10:51:03 AM

Quote :

"Do you guys think Google can keep YouTube's traffic/popularity while avoiding litigation?"

it makes youtube a larger target, now that it has google's financial backing.

youtube didn't have any assets worth suing for, now they do.

10/20/2006 3:27:34 PM

I've been iffy on this whole you tube deal since the rumors started. I also think they WAY overpaid for you tube based on the fact that no one knows how suit happy copywrite holders are going to get.

I saw S&P downgraded CREE today (one of my holdings), those bastards. Oh well, the stock went up 4% anyhow.

Also, my little shitty stock, ASTM had a nice bump today. I got in at 1.37 and sold half of it at 3.15 a while back. So I'm shooting craps with the rest and I've finally made it back above "cost" on those shares.

10/20/2006 3:34:42 PM

http://www.bloomberg.com/apps/news?pid=20601087&sid=adbsVAhN68TM&refer=home

Can someone explain something to me? I'm pretty weak on certain concepts in regards to markets, and "invesement" terminology.

This is the passage in that link:

Quote :

"The ABX index, which measures the risk of owning bonds backed by home-loans to people with poor credit, rose 30 percent since Aug. 9 to the highest since January. There are more than $500 billion of such notes outstanding."

What exactly is the "bond" being owned, who owns it, and why would you own it?

Is this akin to some sort of mathematical trickery, in that, it is just a system set up to be able to buy/sell (gamble) a peice of paper that in some esoteric way is tied to a real tangible "thing"?

10/23/2006 12:48:23 PM

Shit...glad I didn't sell GOOG when I was thinking about it.

10/23/2006 1:01:35 PM

^ yeah, i have a small amount left and am just going to sit on it forever. i've monitzed my investment several times over.

10/23/2006 1:49:34 PM

Quote :

"ABX Index The ABX index, created by London-based Markit Group Ltd., measures prices of credit-default swaps based on the $565 billion of bonds secured by so-called subprime mortgages and home-equity loans. Credit-default swaps are financial instruments based on bonds and loans that are used to speculate on the ability of borrowers to repay debt. An increase in price indicates deterioration in the perception of credit quality; a decline suggests improvement. The index tracks 20 asset-backed securities that contain loans rated BBB-, the lowest level of investment grade debt. Based on the index, it costs an investor $267,000 to protect $10 million of bonds against default for five years, up from $205,000 in August. The investor would get face value for the bonds in exchange for the securities should a borrower fail to adhere to the debt agreements. "

That might help 409c
___

Quote :

"^ yeah, i have a small amount left and am just going to sit on it forever. i've monitzed my investment several times over."

Take some of the table. There are plenty of other investments that you can put it into now, so take some profits and invest in another promising enterprise. Leave some profits to ride, but don't get caught looking like an idiot if it falls.

[Edited on October 23, 2006 at 2:45 PM. Reason : .]

10/23/2006 2:44:39 PM

I think if it hits $500 I'll sell. That's getting a bit rich for my blood...
Thoughts?

[Edited on October 23, 2006 at 2:47 PM. Reason : ]

10/23/2006 2:47:26 PM

Charles, why does $500 sound like a good reason to sell for you? Does that push some measure of P/E out of an acceptable range? Does it make a certain return on your investment?

I always advocate choosing selling points based on something other than what it seems nice at.

I mean what makes 505 much fundamentally different than 500? I guess with something round like 500, others may sell off too, so that could be a barrier for that reason.

Also, Berkshire Hathaway moved above $100,000/share again today.

10/23/2006 3:23:56 PM

^ Agreed, Charles.

10/24/2006 3:26:05 AM

the ABX is an index that references 20 mortgage backed bonds (RMBS). It's synthethic so there aren't any real bonds being traded, it just references the performance of the existing bonds.

10/24/2006 7:51:20 AM

Willy, shut up.

10/24/2006 12:20:19 PM

AAPL for $13 two years ago, anyone?

10/24/2006 3:08:39 PM

^ i got out at $35 last year

10/24/2006 4:27:43 PM

what websites/books should I read to understand trading and the stock market from the ground up?

10/24/2006 4:43:19 PM

who has/had more than 10k in google?

10/24/2006 6:05:31 PM

^ not me, i'm small time

10/24/2006 10:22:24 PM

haha, i don't have all that much more than 10k invested in stocks/funds altogether



but that figure is growing steadily at a pretty good rate

10/24/2006 10:50:45 PM

i think im the only one ive met that has actually lost money on google.....the SOB went from like 475 down to 350...I bailed out

10/25/2006 1:45:27 AM

ok i hate to interupt yalls serious intellectual debate or whatnot, but i'm studying for a test and just figured out what exactly a mutual fund does

idk about yall...but i dont think they are a very good idea...the fact that it picks the stocks for you to put in your portfolio makes me kinda wonder what if they didnt pick the good stocks or something

[Edited on October 25, 2006 at 3:29 AM. Reason : does seem like it would take away much hassle though]

[Edited on October 25, 2006 at 3:31 AM. Reason : ok i just read about "no-load funds"...i'd want to get those over load funds]

[Edited on October 25, 2006 at 3:38 AM. Reason : hey do any of yall look at the PE to decide which investments to make...seems like a good idea]

[Edited on October 25, 2006 at 3:45 AM. Reason : any of yall do margin trading?]

[Edited on October 25, 2006 at 3:50 AM. Reason : OMFG...short sales are the bomb...i gotta get into this stock market thing now...]

10/25/2006 3:27:07 AM

Quote :

"idk about yall...but i dont think they are a very good idea...the fact that it picks the stocks for you to put in your portfolio makes me kinda wonder what if they didnt pick the good stocks or something "

BWHAHAHAHAH

I guess you haven't gotten to Markowitz yet. Of course, I'm sure of it becuase you'd have already learned what a MF does.

Oh, anyone else hear that Sharpe is re-writing the CAPM in a book to be released soon. He's changing it to a simulation, which doesn't really do me any good. I like theory, rather than simulation.
It won't change what we're taught about MPT or risk/return really, it was just there to close up some of the unrealistic assumptions that led to incorrect predictions.

10/25/2006 7:26:52 AM

fuck a mutual fund, short sales are where its at anyways

10/25/2006 7:39:13 AM

Quote :

"short sales are where its at anyways"

If you just learned what a mutual fund is, you have no business engaging in a margin activity like a short sale. None. If I owned the brokerage (even if it was Scottrade) I would not let you open a margin account until you actually knew what you were doing.

Short selling is one of the most dangerous market activities you can engage in. I mean, even with limit purchases to stop the losses, you're looking at trading cost + margin interest + taxes that are 10X higher than straight buying just to break even.

10/25/2006 8:44:56 AM

Quote :

"trading cost + margin interest + taxes that are 10X higher than straight buying just to break even."

Trading cost higher? Taxes higher? I've never encountered that.

10/25/2006 10:45:22 AM

Quote :

"idk about yall...but i dont think they are a very good idea...the fact that it picks the stocks for you to put in your portfolio makes me kinda wonder what if they didnt pick the good stocks or something"

that's not really what mutual funds suck

Quote :

"hey do any of yall look at the PE to decide which investments to make...seems like a good idea"

No. Definitely a completely irrelevent measure that nobody EVER pays attention to. Most people buy stocks based on how cool the ticker sounds. why do you think GOOG is $480/share?

10/25/2006 11:00:40 AM

I bought GOOG because the ticker kinda looks like BOOB.

10/25/2006 1:11:33 PM

i'm going to be on Mad Money tonite asking about RedHat....ha

10/25/2006 2:27:32 PM

Fed leaves interest rates unchanged...

10/25/2006 3:02:49 PM

so when they raise the interest rate: Stocks down - Bonds up

and when they lower the interest rate: Stocks up - Bonds down

is that close to being correct?

10/25/2006 3:14:57 PM

I'd probably tend to agree.

10/25/2006 3:16:46 PM

agreed

10/25/2006 3:37:55 PM