Reading Time: 2 minutes Amid the terrible market and paper loss in my brokerage account, I was doing some soul search: general market condition aside, what went wrong in my investments; new ideas? I came across this Cal-Maine foods from the latest Barrons, Egg Fight: The Yolk’s on the Shorts. We all know the egg price went up quite
Reading Time: 3 minutes (Update July 8) More about the value of SPRD. Last month Datang sold its 32.1% stake in TD chip maker T3G, for 122 m CNY. This values T3G at (122m) / 32.1% = 380 m CNY. That’s $54.3 m (assume $1 = 7 CNY), and I will use that number for the TD business of
Reading Time: < 1 minute Obviously I pulled trigger too earlier on this one, SpreadTrum Communications (Nasdaq: SPRD). Here is a Speadsheet which has the revenue numbers for recent quarters. I think one reason for the continued pressure is the slow cell phone market, as indicated by the shipments slowdown of MediaTek, a bigger rival of Spread. My current plan:
Reading Time: < 1 minute (Update July 7) Microsoft and Carl Icahn appeared to team up and will try to ouster the current board, esp. CEO Jerry Yang. I don’t think the current board and management is toasted because: 1) Two co-founders Jerry Yang, David Falio, along with their friends Softbank, Alibaba have more shares than Carl Icahn and his
Reading Time: < 1 minute Recent market turmoil reminds me 6 years ago: Enron, WorldCom and Tyco scandals are all in the news. Even blue chip names like GE and Xerox have some corporate governance problems. GE gave excessive benifits to retired chairman Jack Welch, the benifits including Manhantan condo, free corporate jets, season tickets to Yankee baseball games etc.
Reading Time: < 1 minute This is probablly the most expensive lunch: Chinese fund manager Zhao Dan Yang won the Buffett lunch bid for $2.1 million (International Herald Tribune). The proceeds benifit Glide foundation, a San Francisco based charity formerly supported by Warren Buffett former wife Susan Buffett (Susan passed away in 2005?). My 2 cents I was surprised by
Reading Time: < 1 minute This morning I need to drop my car at repair shop for the day. Not wanting to walk back, or disturb my friend, I decided to ride the bus. I did some research about the bus last night. I used the trip finder to find the route, schedule. I tried it: from “Olive Blvd at
Reading Time: < 1 minute From YouTube, author: the iPhone blog BTW, I found other blackberry videos at YouTube to be good (authors: phonescoop, crackberry).
Reading Time: 2 minutes Yesterday was another brutal day in the Wall Street, or the Bay Street (Toronto), or SSE (Shanghai Securities Exchange). According to the number, the Dow is now officially in bear territory. General Motor (NYSE:GM), a Dow component and an American icon, hit 53 years low. It closed at $11.43. So, should we go bottom fishing?
Reading Time: 2 minutes I don’t have a smartphone, but I used to have Palm m100 (original), and Palm Tungsten E. I did not use it for power point, calendar or anything serious, the main functionality I used is its real player. It got 128 M SD card, so I can store about 30 songs on it. Today’s smart
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