Egg

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    • Mon May 26th 18:11 PM | Rating: 0 0
      Commented on:
      JetBlue Airways: Positioned to Soar Once Industry Conditions Improve
      The word "only" should NOT be used in front of the phrase "3 billion dollars of total debt", especially for a company currently losing money with a market cap of less than a billion. Face reality. Only LUV can use the word "only" when it comes to debt for the airline sector.

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    • Sun May 25th 06:12 AM | Rating: 0 0
      Commented on:
      Time To Abandon Stocks?
      I too like thinking contrarian, but one major problem with your article is that in 1979 the stock market had been in a bear market since 1966...today we have been in one for less than a year. There hasn't even been a full calendar down year in this bear market.

      An old adage I'll never forget is that bear markets don't really end until you have high interest rates and high inflation. We do have inflation (unofficially) but definitely not high interest rates, so I think the real contrarian buying oppurtunity will arise sometime between 2010-2012.
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    • Wed May 21st 11:41 AM | Rating: 0 0
      Commented on:
      Moody’s Gone Wild
      Oh gawd...."Hahhahah...

      Please don't turn this SA board into the juvenile Yahoo! boards where people only seem to be able to talk like that.
      View article »
    • Fri May 16th 10:31 AM | Rating: 0 0
      Commented on:
      XM, Sirius Draw Merger Lines
      One question I have is if Sirius and XM are allowed to merge, it would seem the FCC could make available another license for a third party to broadcast satellite radio, if someone did choose to. Where would the bandwidth spectrum come for that new license?

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    • Fri May 16th 10:23 AM | Rating: 0 0
      Commented on:
      Learning From Bill Miller's Recent Underperformance
      If only he could have made his streak last another 10 years or so, his fund would have become a self-fulfilling legacy like Buffett where he could beat the stock market by just announcing his stock purchases, and wait for the public to rush in to mimic him driving his performance higher and higher.
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    • Thu May 15th 13:22 PM | Rating: 0 0
      Commented on:
      Icahn Launches Proxy Fight for Yahoo, Nominates Slate Including Mark Cuban
      Icahn's first act as Yahoo! Chairman:

      Takeover MOT for $20/ share.
      View article »
    • Tue May 6th 12:23 PM | Rating: 0 0
      Commented on:
      Fannie Mae's Earnings: Awful
      You remember the "Greenspan put?"

      Well, nowadays it's the "Bernanke call" that will keep pushing all financial stocks higher, no matter the news...hence FNM today. At least financials the Bernanke himself consider "in the club."

      How long will it last? One month? One quarter? Rest of the year? Who knows...but it might have to be called the "Bernanke leap" eventually.
      View article »
    • Mon May 5th 15:10 PM | Rating: 0 0
      Commented on:
      Why Yahoo Shouldn't Buy Back Its Own Stock
      It's really past time for Legg Mason to take the cookie jar away from Bill Miller.

      You are right, his idea for Yahoo to spend all their cash to buy back shares would be a complete waste. If anything, he should have called for the BOD to insider buy shares personally on the open market.
      View article »
    • Sun May 4th 16:25 PM | Rating: 0 0
      Commented on:
      Muni Bonds Will Outperform - Barron's Interview
      What's the point of buying Munis over Treasury bonds if you're getting less than the rate of inflation in both?

      You are losing real dollars in both year over year, plus paying taxes on your "gains."
      View article »
    • Wed Apr 30th 20:51 PM | Rating: 0 0
      Commented on:
      U.S. Economy Reaches a Fork in the Road
      What amazes me about the CPI is why senior groups (like the AARP) don't make an issue out of it.

      Retirees are being increasingly cheated every month, every year in the amount of money they should be receiving through social security.
      View article »
    • Sun Apr 27th 15:24 PM | Rating: 0 0
      Commented on:
      Good News: Consumer Confidence Falls to 26-Year Low
      One problem I still see with WallStreet's prevailing belief that the bottom is in, is that historically speaking bear markets end with high inflation and high interest rates.

      Both those conditions were present in the 1982 and 1990 periods. Today, not so high of rates (to use an understatement.)

      I have a strong feeling that over the next four years, we are going to see much higher interests along with higher inflation, and the Obama/McCain presidency is going to be compared to the Carter admin...and sometime between 2010-2012 will present a better longterm buying oppurtunity. Until then, sell all rallies. Especially stocks that don't have large international exposure.
      View article »
    • Sat Apr 26th 21:27 PM | Rating: 0 0
      Commented on:
      The Case For 2-1/4
      While I agree they should stop cutting (and raise), I don't think there's any chance that Bernanke will not cut 1/4 point next week.

      It's very clear based on the past year that he's beholden to WallStreet's expectations and since they expect it, they shall have it. Regardless of long term consequences via inflation.
      View article »
    • Fri Apr 25th 19:14 PM | Rating: 0 0
      Commented on:
      Morton's and Ruth's Chris: Eat a Steak, Take a Stake for Juicy Profits
      One note about Morton's:

      When it was purchased for 74M, Harlan also assumed 100M in debt bringing the total enterprise purchase price to ~174M.

      Today MRT's market cap is 134M + 47M in debt = 181M.

      So MRT is at approximately the same price...and if you factor in the fact that revenue has grown from 250M to 350M, you can argue Morton's is cheaper today.

      Comparing the two, I would choose Morton's myself mainly because Ruth made a very expensive debt purchase last year near the peak.
      View article »
    • Fri Apr 25th 16:51 PM | Rating: 0 0
      Commented on:
      Should Alan Schwartz Be Citigroup's Next CEO?
      Don't forget to write an article touting Bernie Ebbers to run the new AT&T.
      View article »
    • Fri Apr 25th 13:46 PM | Rating: 0 0
      Commented on:
      Why the E*Trade Shorts Have It Wrong
      Good gawd people. Review the 8-K.

      Yes, Citadel did get the 20% dilution of shares for zero. The 1.7B is via a 12.5% coupon bond. They did not pay $4.78.

      And yes, they would be positioned well if E*trade were to file bankruptcy. They would be collecting 12.5% interest on the 1.7B up to that possible point, and then if E*trade did go under due to their loan portfolio, they would still be first in line to be given majority control of the brokerage, which will always exist.
      View article »
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