To All, Barron's mini review. Mostly fluff this week, but a couple of choice items not worth the cover price. 1. Abelson was off his feed this week. Boring.
2. An interesting article about Ivana Trump and the Russian Mafia, murders and small cap stock touting. Not really enlightening, but great reading.
3. In the ads, several celebrity endorsements for internet cos. I don't know what it means, but does anyone care that Geena Davis uses Waterhouse online? I guess somebody must or they wouldn't be showing her pretty face in the commercial. I guess that jump into the Grand Canyon didn't take. <g>
4. A pretty good piece on oil. For a Street analyst, the guy wasn't totally dumb. Picked the wrong stocks, but his macro view is solid.
5. Silly stuff from Epstein about stock buybacks taking the place of dividends. The last time I looked, the majority of stock dividends went to shareholders and were not money wasted to benefit the rapacious appetite of co. insiders. Stock buybacks are generally a transfer of wealth from outsider shareholders to insider shareholders, as the stock bought back ends up in the insiders' pay packets.
6. Market Watch was the best part of the rag. Will Lyons takes a shot at Intel, the co. that regularly lies, er, is overly optimistic, about the next quarter. <g> He thinks next year is pretty gloomy for the Sunnyvale non-growth company. Jim Griffin makes some tough love sense about the current account deficit.
7. Insiders are selling Broadcom and buying Stillwater Mining, two of my interest issues.
8. "Plugged In" talks to the Amazon bulls who are shocked that the co. hasn't moved toward profits. Uh, they can't count or what? <G> This isn't a profit co. It's a concept co.
9. A Deutsche Bank economist tries to put a smiley face on our horrid trade and current account deficits. Though he tries bravely to fit this disaster into the new pair of dimes, in the end, he has to admit that these are not problems that are going to disappear. The main reason why is the fact that Americans don't save. The Market Watch analysis was much better.
10. The cartoons weren't that good this week. |
