Will AT&T Chicken Out?
AT&T (T) may not follow its fellow telecom giant Verizon (VZ) into the fiber to the home business, at least not to the tune of $23 billion. Verizon is counting on picking up cable…
All Work
Douglas A. McIntyre
Broadcom Analyst Schizophrenia
Barron’s has rightly pointed out that there are two schools of thought on the near-terms future of chip company Broadcom (BRCM). Those in the first camp think that the bad news on Broadcom is…
NTAP – Network Appliance Inc: Caching Growth over Earnings
04/07/2007 Revenue growth for the first three quarters of FY2007 (FY ending April) is very impressive, 38.6%, 35% and 35.7% respectively. We estimate that FY2007 will turn in a 35% gain in revenue; EPS…
Google In The Tribune’s Crosshairs
Sam Zell has not made money by giving things away. As the new controlling investor in The Tribune Company (TRB) he sounds like he plans to milk his newspaper content for every dime. And,…
A Low Ball Bid For Dow?
A group made of up investors from the Middle East and the US is rumored to be making a bid to buy Dow Chemical (DOW). If the deal goes forward, it could be the…
What Is Chrysler Worth? $6 Billion To $7 Billion
It now appears likely that Daimler (DCX) will probably figure out a way to Chrysler to the a private equity concern, Kirk Kerkorian, or Magna Intl (MGA). Based on DaimlerChrysler’s recently released earnings for…
Barron’s Digest April 9, 2007 Issue
Barron’s writes that Magna‘s (MGA) bid for DaimlerChrysler (DCX) Chrysler may be attractive to the UAW because the auto parts company already has a relationship with the union. But, Magna’s bid is below the…
Google, Yahoo!, Kodak–A Race To Buy Photobucket?
New data from internet traffic measurement firm Hitwise shows that Photobucket’s share of market among photography websites was 41% in March. Yahoo! Photos (YHOO) and Flickr had about 5% of the market and Kodak…
The Week Ahead (7 April 2007)
From William Trent, CFA of Stock Market Beat The Economic Calendar looks pretty dull next week, with only Friday’s PPI report likely to get us excited. Look for our usual industry pricing power report.…
Costs Matter: Vanguard Wins Again
From Investment Intelligencer Low-cost fund leader Vanguard had another strong year in 2006, with 78% of its funds beating their peer-group averages. Over longer periods–three, five, and ten years–the percentage is even higher: more…
Comments From TheStockMasters
It just gets better and better for Vonage Corp. (VG). A federal judge ruled today that Vonage cannot service new customers while it appeals a finding that it infringed Verizon Communications Inc. (VZ) patents…
EAGL: Crane Makes Laughable Attempt at Amends
The management-led buyout of transportation & supply chain firm EGL (EAGL) is heading towards the surreal. SEC documents filed today disclose a letter sent from CEO James Crane to seven of his top executives…
A Death Blow For Vonage?
Vonage was ordered to suspend signing up new customers. The VoIP company had lost a case in which Verizon (VZ) had accused it of violating certain patents. The next step was for Verizon to…
1st Qtr Volumes Bode Well for Exchange Stocks
This first quarter of 2007 has seen much higher levels of volatility than during the entire second half of last year. And of course, with higher volatility usually comes higher volume, which is making…
US Earnings Calendar (APR 9-13, 2007)
MON APR 9CardioDynamics -$0.04e; Cascade (CAE) $0.75, Lawson Software (LWSN) $0.03, Schnitzer Steel (SCHN) $0.62. TUE APR 10ALCOA (AA) $0.76, Electro Scientific (ESIO) $0.20. WED APR 11Apogee (APOG) $0.28, Bed Bath & Beyond (BBBY)…
Forget Throwing The New York Times Board Out
Institutional Investor Services, an independent firm that helps large money managers decide how to vote in proxy matters, is recommending that shareholders withhold votes for board members of The New York Times Company (NYT).…
A Microsoft Chess Move? Free Zunes To Fight The iPod
Apple (AAPL) has almost the entire portable music player market. Its iTunes and iPod platforms seem to have such a huge lead that gettng market share in the industry is nearly impossible. Microsoft (MSFT)…
Chrysler: The Great Genius Of Kerkorian
The offer that billionaire Kirk Kerkorian has made to buy Chrysler from parent DaimlerChrysler (DCX) is nothing short of brilliant. Kerkorian has in essence trumped three other offers from private equity firms and Canadian…
Media Digest 4/6/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters Kirk Kerkorian has offered $4.5 billion to buy Chrysler from parent DaimlerChrysler (DCX). Reuters writes that the CEO of Ford (F) received $39 million in compensation for 2006. Reuters reports that…
Asia Markets 4/6/2007
Stocks: (CAJ)(FUJ)(NIPNY)(NTT)(DCM)(HIT)(HMC)(SNE)(TM) Most markets in Asia were closed but the Nikkei was off slightly.