I am concerned about Yahoo earnings. . . they disappointed last quarter and a big disappointment could lead to an earnings funk. . . which could lead the markets lower and put a blanket on the rest of the earnings season.
I am holding off from making significant buys today, until I hear their number. . . I'd rather pay a few more cents and know than buy lower, then get slammed.
I am interested in EBAY, however, since its business model is like no other. We should have anticipated this VSTR news. . . I can't believe we dropped that ball. . . the rumor came out over a month ago. . .that was one we should not have let out of our sights.
It is looking more and more like the big winners down the road a few years will be global [foreign] companies. . . what was that French company that bought Seagrams? Then there is BMG, Deutche Telecom, Nortel Networks, EMI, Nokia, Sony, Terra Networks . . . these may be bigger players than anyone can imagine. . . as Americans, we naturally assume that our MSFT, CSCO, WCOM, ORCL and QCOM are going to be the big winners. . . .but I am beginning to have my doubts across the board. . . .the foreign companies are more aggressive in buying the best companies.
I would love to hear some discussion on this subject.
Rande Is |
