Articles

EBay's $1.4 billion writedown suggests not that they overpaid for it, but that they have never understood the prospects for trhe business.

Alan Greenspan is a smart man, and smart men are sexy. I recently listened to a speech he gave and think it was filled with insight that can benefit everyone. Here's what he had to say:

Walgreens is being unfairly clobbered as a result of its bare miss on the market. But, what does this mean for the drug industry?

My iphone saga continues- now out of the apple store- dealing with the geniuses who work for ATT

Ranexa - CVTX's lead drug has sold poorly - hampered by a difficult label. The company just submitted an application to change that label- which will almost certainly be accepted- and the stock traded down. With the diabetes data likely to come out soon, this is a great time to start or add to a position in CVTX.

I think everyone who doesn't have his head in the sand realizes that the housing market has a long painful slide ahead of it. I am trying to protect my biggest investment

This housing bubble is going to take decades to work through the system.

I couldn't believe that Mozilo and Dodd were pushing so hard for a large rate cut. Going in to the Fed's decision, it seemed certain to me that Bernanke would stick to his principles and continue to fight an elevated risk of inflation caused by higher energy costs. He didn't stick to his principles and now I think that we are going to pay a heavy price.

Citibank just raised the rate on their Citibank Ultimate Money Market Account to 5% APY. Business customers can also get the high rate.

NetBank's stock is now worth $.08 as the company has lost big money on its loan portfolio. Everbank was supposed to buy them but the deal is off - lucky for Everbank.

Qualcomm's guided higher in a market with a powerful tape, yet the stock fell. This proves the stock is going nowhere.