To All, Barron's mini-review. Not much in this issue, but what there was was pretty interesting, if not good.
1. Abelson notes that Yahoo traded a dollar amount, in one day, equal to 86% of that day's GDP. But isn't GDP one of those old pair of dimes stats? Sure, it's been rigged, but not enough for sardines like Yahoo to look rational.
2. Jon-Jon Laing, my favorite cub reporter, once again jumped to the defense of scammy Tyco. Why is this neutral "just the facts, ma'am" reporter resorting to any excuse as a Tyco apologist? Because he wrote a fluff piece on them and swore he had looked at the accounting. Hey, the problem is, if Jethro Bodean looks at Einstein's formula, E=MC2, we would have to be pretty gullible to think he understood all the nuances. My prediction. The SEC finds that Tyco was "aggressive" but not crooked in their reporting. In other words, so many companies are scamming their eps reports, what is one more?
3. A sad fluff piece on Gateway by Jay Palmer. Yes, the near term looks bad because of Intel. Not Gateway's fault. Oh, really. And who told them to dump their deal with AMD which has the best chips right now? I know for a fact that they are trying to reestablish that connection, but AMD may have too many customers with Intel dropping the ball. Anyway, Palmer assures us that these scamsters will own the PC market later next year. Which is why the founder is running for the hills. <g> Also, another article about this co. without one look at their innovative accounting techniques, upon which all growth is based.
4. A great article on IPO Mania. Especially the list from which many great put opportunities will be generated.
5. A nice piece about Iridiots in the Yahoo chat rooms. You don't worry about the stock's name. You just catch the wave, dude. Hey, if everybody had an ocean, across the USA. <G> |
