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Thursday, August 19

Here's a snapshot of GOOG at birth... he's an active little rascal lighting up the all the scanners in my delivery room!

GOO GOO
GOOG, 1-min. Chart

Posted at 17:02, GMT

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The coil scanner picked up AGN. Allergan is another drug stock like yesterday's pick, Pfizer. (PFE put in a very sweet run after it broke out yesterday afternoon -- of course it had a strong broad market tailwind to help it along.)

AGN
AGN, 30-min. Chart

Posted at 9:38, GMT

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Where the foreclosures are, by Sarah Max.

It looks like Foreclosures.com has a pretty good business model; I wonder if they have to collect their data manually?

Posted at 8:40, GMT

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Breaking The Buck And Passing It, Too, by William Barrett:

"A money market fund is a specialized mutual fund that invests in low-risk, high-liquidity instruments such as Treasury bills and commercial paper. By law, 95% of the assets must carry the highest safety rating and the average maturities must be 90 days or less ... The 991 money market funds in the United States comprise 12% of all mutual funds but their $2 trillion in assets amount to 30% of all fund holdings."
Posted at 8:26, GMT

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E*Trade Says Customer Trading Dipped in July

Posted at 8:22, GMT

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Google Sells Shares in IPO for $85 After Cutting Price of Stock:

"The sale values Google at 118 times its earnings for the past 12 months, compared with a price-to-earnings multiple of 114 for Yahoo! Inc., the second-most used search engine, and 78 for EBay Inc., the largest online auction site. The price values Google at 10 times the $2.3 billion in revenue it recorded in the past four quarters."

"... Google's IPO [is] the second-biggest by an Internet company after the $1.9 billion offering by Genuity Inc. in 2000. Genuity filed for bankruptcy in November 2002."

I like the juxtaposition. ;-)

Posted at 8:18, GMT

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Couch-bound woman's death raises questions, by Jose Lambiet. You'd be hard-pressed to invent a horror story this awful.

Posted at 8:08, GMT

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Mutual Funds Opt to Liquidate, by Riva Atlas:

"'There is no way we are going to close the fund unless we have to,' said Benno Thieme of Thieme Securities, an affiliate of the fund manager. 'It's a matter of pride.'"

Pride stayeth despite the fall, I guess. But life is always good for those engaged in the "World's Largest Skimming Operation."

Posted at 7:49, GMT

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Former head of Goldman Sachs in-house trading desk will form investment company with Texas Pacific:

"Singh, 35, had run Goldman Sachs' $10 billion Principal Strategies Department, where he sold out of Internet stocks before their 2000 crash and was among the first traders to spot a Japanese economic recovery...."
Posted at 7:40, GMT

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Unusual Suspects from Wednesday, August 18, 2004
Tone: Positive 73%


Last Symbol Net% High Low T.C. U.V.
16.14 AMAT 0.43% 16.31 15.71 62802 2.26
19.75 NTAP 13.57% 19.84 18.24 28180 4.32
36.10 QCOM 3.26% 36.10 34.76 18184 2.83
78.23 KMRT 4.07% 78.95 74.25 13776 3.89
3.45 AMCC 7.81% 3.48 3.20 10053 2.36
24.21 CREE 8.12% 24.50 22.24 8563 2.25
37.10 PLMO 3.93% 38.50 34.01 27443 4.08
40.93 EASI 5.97% 43.19 36.33 13784 14.04
22.25 ROST 7.75% 24.64 21.86 12788 4.24
33.47 GNTX 6.61% 33.65 32.00 8711 6.80

Posted at 7:20, GMT



Previous Entry >>> Internet Infrastructure, PFE Freebie, QCOM Catch


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