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:

stlplace
July 2, 2008

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

stlplace
July 1, 2008

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.

stlplace
July 1, 2008

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

stlplace
June 30, 2008

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

stlplace
June 29, 2008

Reading Time: < 1 minute From YouTube, author: the iPhone blog BTW, I found other blackberry videos at YouTube to be good (authors: phonescoop, crackberry).

stlplace
June 28, 2008

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?

stlplace
June 27, 2008

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

stlplace
June 27, 2008

Reading Time: 2 minutes Bear case RIM (Nasdaq: RIMM) missed both top line and bottom line in Q1, and issued not so strong outlook for Q2. Read news from Reuters for more details. Q1 revenue is $2.24 b vs. expected $2.27 b; earning was $0.84 vs. 0.85. While I think missing of bottom line is understandable because of spending

stlplace
June 26, 2008

Reading Time: < 1 minute I did not take too seriously of iPhone when it was launched a year ago. But I was wrong. My initial thought Apple jumped into the mobile phone world with a touch screen smart phone, with way too much fan fare (remember the Ads on CNBC, CNN etc?). Well, now I think it set a

stlplace
June 25, 2008
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