Author Archives: BMWFan

Microsoft: Listen to Your Heart (And Ignore the Bean Counters)

Microsoft surprised no one with their unsolicited offer for Yahoo! in January 2008. What surprised some Wall Street observers was the premium Microsoft was willing to pay for Yahoo’s then share price. At that time the $31/share offer represented a … Continue reading

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Google’s Earnings Expose Wall Street’s Limitations

The past two weeks have been full of earning report, and more significantly, earning surprises. antibiotics doxycycline While the stock market has been on a roller coaster ride many investors have been on the sidelines, confused by Wall Street’s reaction. … Continue reading

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Housing, Credit and the Economy: At an Inflection Point

Sub-Prime Mortgages have been at the top of the air-waves for about a year now. The collapse of two hedge funds run by Bear Sterns started the procession. Numerous Wall Street executives have lost their jobs and banks have been … Continue reading

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Roundup: Credit Markets Unfreeze; Online Retailing and Search

The credit-markets are showing signs of life again. book com guest online penny propecia site The buy-under of Bear Sterns (BSC) and subsequent actions by the Fed to allow Investment Banks to access the discount window using asset backed paper … Continue reading

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Investment Banks Update: Lehman Brother’s Preferred Offering

Lehman Brothers has announced a preferred 2004 10 04 zithromax zithromax stock offering to raise $3B in new capital. proventil and ventolin The preferred will have a yield between 7-7.5% and a conversion premium of 30-35% over the common stock. … Continue reading

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Dealing with Foreclosures: Government Chartered Rental Agency?

The airwaves are brimming with stories about the financial loss incurred by investors and financial firms due to the mortgage market meltdown. diflucan 100 mg What is often ignored clomid 150mg is that foreclosures also have a debilitating effect on … Continue reading

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The Run on Bear: Time for Federal Agencies to Start Swinging

Friday morning was shaping out to be the much awaited follow-though day for the 400 point Dow rally on Tuesday. doxycycline 100 mg tablets The equity markets had retraced a bulk of the gain and then bounced back on Thursday. … Continue reading

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Sub-Prime Write-Downs more than 50% done: Are Write-Ups Coming Next?

S&P was out with a report today saying that the banks are more than half-way through in recognizing losses attributed to sub-prime mortgages. They revised their estimate of total losses up to $285B from $265B but this is much less … Continue reading

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Google Bashing: Reaching a Peak?

This weekend’s Barron’s has article by Jacqueline Doherty titled “Google’s Next Stop: Below 350?” The main thesis of the article is that analysts have not reduced earnings estimates for Google to account for the expected reduction in clicks and corporate … Continue reading

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The Thornburg Tragedy: Time for Resolution Trust Corporation Redux?

Shares of Thornburg Mortgage are down more than 40% to 2.01 in the after hours after the company said that it was unable to meet a $28 million margin call from JP Morgan Chase, one of its lenders. isoniazid JP … Continue reading

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