telemachus

Selling Teck Cominco - I've Lost Confidence in Management

Davy, Davy, Davy,
I think you sold too soon. Teck just reported a massive copper deposit as part of the Chilean properties that it picked up from the purchase of Aur Resources. This is a serious copper find and it will show up soon in the earnings in the near term.
More info at www.financialpost.com/...
Because of this news, Investors have already bidded up this stock to $41.50 as of March 3. The stock will probably earn $4 or more EPS for 2008, meaning that it will probably finish 2008 at $40 or more.

ThinkEquity: Palm Increasingly Likely to Be Bought Out

I don't like any of the players in the smart phone market. RIM, Palm, and Motorola will all probably face intense competition and reduce margins because of fierce competition.


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Peter Chin
(Freelance blogging on Moneyfingers Blog: Adventures in Personal Finance and Investments
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