Archive for January, 2008
Filed under: Earnings reports, Good news, Bad news, Rants and raves, Google (GOOG), Top Picks 2007, Intuitive Surgical Inc (ISRG), Technology, Best Stocks for 2008
Two super companies reported earnings this afternoon, both with a heavy burden to outperform. One did, one did not. Intuitive Surgical, Inc. (NASDAQ: ISRG) after the market close announced $189.4 Million Fourth Quarter Revenue, Up 68 while reporting earnings of $1.24 per share besting analysts expectations of $1.04 by 19 percent. In after hours trading it is up $36 per share as I peck away on the keyboard, up to $289 after already rising $19.00 during the trading day. My last post on the subject was Chasing Value: Intuitive Surgical drops 12% today
Google, Inc. (NASDAQ: GOOG) on the other hand, while reporting positive growth, fell short of analysts expectations by 2% and you know what that means: a reversal of fortune and headlines like Google Shares Plunge After Earnings Miss. The Stock closed the day up $16.03 to $564.30 only to take a dive in after hours trading almost $40 per share. Tomorrow will be another day and those wiser than I can dissect the company report further, along with market sentiment. However, Google has been down with the market all month long and there is enough fear in the market to prevent any notable stock recovery this year, unless the perception of internet advertising shifts again.
Sheldon Liber is the CEO of a small private investment company and the design and research principal for an architecture & planning firm. To find potential opportunities and verify my track record read Chasing Value or Serious Money.
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Filed under: Earnings reports, Google (GOOG), Microsoft (MSFT), Technology
With the stock market slowly moving off of lows set early last week, look for Google’s (NASDAQ: GOOG) earnings to be just what the doctor ordered to rocket the market forward. As Brian White posted, “Google’s shares have been shaken from a high of over $700 this past Christmas to under $543 today, as the company has joined in with the overall market teeter-totter amid continued housing worries and recession talk and FUD that spreads like wildfire every week.”
I think that the company will report blow out numbers, as it has done in the past. The catch this time is that the market hasn’t set Google up for a fall. I don’t believe expectations are all that high due to the market rout. If Google surprises to the upside, this will be what the bulls among us have been waiting for, and I would expect a nice 7-10% market move to the upside in the next two to three weeks.
A strong Google report would help justify what I have been saying that technology will be leading the market higher. Microsoft (NASDAQ: MSFT) had a great report last week, let’s hope Google has a similar report tonight.
Aaron Katsman is the lead Portfolio Manager and Managing Director of America Israel Investment Associates, LLC. and Senior Editor of IsraelNewsletter.com. DISCLOSURE: Writer’s has no positions in any stock mentioned as of 1/31/08.
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Filed under: Earnings reports, Google (GOOG), Microsoft (MSFT)
 Google, Inc. (NASDAQ: GOOG) will be reporting its fourth quarter results today after the close of the market. Of course, the arguably hottest internet company will also be reporting on its overall fiscal year 2007 results as well. Normally, Google takes analyst expectations, smashes them to bits, and then acts like nothing happened. Will the search giant do the same thing this afternoon?
Google’s shares have been shaken from a high of over $700 this past Christmas to under $543 today, as the company has joined in with the overall market teeter-totter amid continued housing worries and recession talk and FUD that spreads like wildfire every week. Will it recover some lost ground in after-hours trading if the company reports another standout quarter? Perhaps — and it could lead to a tech stock recovery tomorrow in standard market-nuttiness fashion. Remember, Microsoft Corp. (NASDAQ: MSFT) had an excellent quarter as well just recently. As usual, the company’s stock yawned and fell asleep.
Google is expected to report earnings of $4.45 per share on $3.45 billion revenue — results any company in any industry would love to have. If Google once had dreams of a $900 share price, the company may never get there if results continue to match (or slightly surpass) analysts’ expectations during 2008. Regardless, the company’s leaders — founders Sergey Brin, Larry Page and CEO Eric Schmidt — will be around for a few decades to ride the company’s potentially turbulent waves.
[DISCLOSURE: the author holds a long position in MSFT]
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Posted by: in Bollywood news
There is news that “Ramayana” will be portrayed on the Hollywood screen.
The brain behind this fascination is Ashok Banker whose love for mythology led him to take on such determination of portraying “Ramayana” on the Hollywood screen.
Talks about the production of this movie have been going on since 2006 , and a major Hollywood production […]
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Filed under: Cell Phones, Computers
The next time you order a pizza for delivery, be careful. If you give your cell phone number to the person on the other end of the line, you may actually be giving up any expectation you have that the number will remain private.
 A Bellevue, Wash.-based company, Intelius, has been compiling a hefty database of private cell phone numbers in some innovative ways, including mining some phone lists from companies you might not expect to be in the information-selling business.
This is about more than keeping your cell phone number out of the hands of strangers. Calling plans charge the subscriber for minutes used instead of the second party calling in. That means unwanted calls from, say, a telemarketer are more than just an annoyance — they also cost you money.
Intelius has been skirting privacy laws based on what many may consider a legal loophole. Telephone companies are prohibited from compiling lists of cell phone numbers, but so far there’s nothing (yet) that says a third-party can’t do so. Thus, Intelius scours the Internet looking for numbers or buys lists from various companies. To conduct a number search you have to plunk down $14.95.
If you give your cell phone number to the pizza delivery guy, you’re essentially opting in to that business’s call list. And then that business simply turns around and sells the list to Intelius. (Mind you, we have nothing against pizza delivery in general — and, in specific, we are grateful for the deliciously cheesy service they provide.)
Should you be worried, then, that your cell phone number is now broadcast across the Web for all to see? Not really. According to reports, many of the numbers that turn up in searches are incorrect. The company does claim to have about 90 million out of the approximately 195 million cell phone numbers active in the United States.
Phone companies like Verizon are stating they will push back against Intelius’ efforts and some state legislatures are starting to wake up to consumers’ concerns.
We’ll stay on top of the issue for you. In the meantime, enjoy that pizza.
From MSNBC.com and Consumerist.com.
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Filed under: Computers, eBay
 Remember when we told you that the government of Pennsylvania was telling any eBayers in the state who sold goods for others to get a license? Yeah, well, apparently they weren’t kidding. A woman there opened a consignment shop on the online auction house so that she could stay home and treat her daughter with cancer. Now she faces a $10-million fine for doing so without an auctioneer’s license.
The woman, 33-year-old Mary Jo Pletz, sold 10,000 items on the site. Each item sold without a license is subject to a $1,000 fine, thus the total of $10 million. Pletz was notified of the law late in 2006 and immediately closed up shop and went to work as a dental hygienist, but that’s apparently not enough for the PA government, which is still pursuing the charge.
From FARK.com and Philly.com
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Filed under: Cell Phones, Celebrities, TV
 When you’re caught red handed, there’s nothing to do but beg forgiveness. And that’s exactly what Mayor Kwame Kilpatrick of Detroit was forced to do last night in a televised plea. The mayor is under investigation over claims that he lied under oath about having an affair with his chief of staff Christine Beatty.
Mayor Kilpatrick went into hiding last week after a Detroit news paper reported that sexually explicit text messages had been found on Beatty’s cell phone dating from 2002 and 2003. In the 10 minute address, Kirlpatrick apologized for the pain and disappointment he caused his family and supporters, but rejected suggestions that he should resign over the pending perjury investigation.
Christine Beatty has resigned over the text messaging scandal, but we’re wondering what possessed her to hold on to the text messages for 6 years.
Kilpatrick and Beatty aren’t the only unfortunate souls to run into some trouble on account of text messages, here are some of our favorite embarrassing text message stories:
- Australian Cricket star Shane Warne learned the hard way that he should double check who he’s texting after accidentally sending a message intended for his mistress to his wife. Lets just say it doesn’t have a happy ending.
- A teacher in Texas thought that involving text messaging in her lessons would be a good way to keep her class engaged. Unfortunately some the text message abbreviations assigned were not exactly kid friendly.
- One young man in Cincinnati paid the ultimate price when he got so distracted by texting he we has struck and killed by a train.
- One apparently desperate, or stupid, West Virginia drug dealer texted a police officer to see if he wanted to “buy some reefer.” As you can guess his days on the outside were numbered.
From AOL News
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Filed under: Car Tech, Cell Phones, Cameras
There are plenty of phones out there with GPS capabilities — services that help you get from A to B with simple on-screen prompts — but these are not always free and suffer from the small screens typical of most mobile handsets. Conversely, there are also plenty of dedicated GPS devices that can interact with your phone via Bluetooth, acting, essentially as wireless hands-free speakerphones. Now Garmin has announced what looks to be a full-fledged GPS device with an actual phone built-in, the Garmin nüvifone (dig that Euro-style-spelling!).
No, this isn’t a new brand of ice cream or frozen yogurt — it is, in fact, a GPS first and a phone second. This means it has a big, GPS-device-style 3.5-inch touch-screen for accessing its features, which include navigation, of course, along with a Web browser, a media player, and a camera. Interestingly, the device will tag any photos with the location where they were snapped, so you can plot your vacation after the fact, or use a photo to find your way back to a place.
The nüvifone will also help you find your car in a giant parking lot, like the ones at the Mall of America, by tagging your parking location when you arrive.
So far, a price is not announced, nor is any specific availability information beyond a vague “sometime in the third-quarter of this year,” but we can’t wait to get our hands on it.
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From Engad |
