he's probably analyzing how much his son's house will have cost 9 years from now based on Merlin's Q Wealth Equations
I figure pulling out 50K for the down will cost me 500K over 5 years!
I just got back from "Dancingalot" at the Derby. Great night, great partners. A "Target Rich Environment!"
On the way home, (while listening to Frank), I thought about what the market would do tomorrow, and realized that I did not have a clue! Softy, big blue, and Q come in with great numbers, and they all could drop! As I have said before, I cannot day trade.
I have just read Merlin, and Mike has come up with the same conclusion I reached intuitively, that Q is in damn good shape. The sale of the infrastructure division lowered Revenue, and raised margins. That big loan to the satellite spin off will be covered by the stock sale.
But, we are up against perceptions. Short term the key, I think, will be the analysts. If they see what we do, and go for strong buy, the stock will go up the next few months, long term, if these numbers keep up, we are on a skyrocket.
So I plan to stay 100% Q, and sell off just enough in August to make the down on the house. Frank thinks I ought to take 10% and use it to play with the shiny pebbles, just to keep me busy, and he may be right.
See you all in the Morning!
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