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Chuck

Chuck
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  • The French government is at it again: two months after thwarting Yahoo's attempt to acquire video site Dailymotion, the Hollande administration plans to introduce a law banning Amazon (AMZN) from simultaneously offering discounts and free delivery on book sales in the country, arguing it amounts to unfair competition for local booksellers. Like other European countries, France already prohibits booksellers from discounting a title by more than 5% from its list price. [View news story]
    An attempt to keep their bookstores alive... what next?
    Price fixing for croissants?
    Sac le bleu !!!
    Jun 21, 2013. 09:43 AM | Likes Like |Link to Comment
  • More on Comcast's Q3 (CMCSA): NBCUniversal revenue up 31.2% Y/Y to $6.82B, led by a large jump in revenue from broadcast TV. Filmed Entertainment revenue shot up 23.6% to $1.4B with Ted and the Bourne Legacy pacing the gain. Customers increased by 28.1% to 294K with a net add of 287K High-Speed Internet customers making up for a drop off in video customers. Shares +1.8% premarket. (PR[View news story]
    Just an example, but personal.
    Called up Comcast to give them the old Once A Year "the rates too high I'm gonna switch" pitch so they give me the $99.00 Bundle" and they wouldn't budge. Would receive a $20 boost to $119 plus tax, title and tires. So I switched to Verizon package at total of $140, and have 2X times the internet speed, More Channels and same VOIP with messages, forwarding, etc on the same old home number.
    More techie's here are also switching.
    I find the "increase" just a bit fishy.
    Just my experience in the market place, but that's what happened to me and I'm happy I switched.
    Oct 26, 2012. 02:27 PM | Likes Like |Link to Comment
  • The next item introduced by Apple (AAPL -0.6%): A refreshed iMac that's a mere 5mm thick thanks to Apple's use of cutting-edge lamination and welding tech, and willingness to ditch the optical drive. Also included is an improved display, Nvidia (NVDA) graphics, and a hybrid hard drive (uses both flash and disks). The 21.5' version costs $1,299, and the 27" version $1,799. (live blog, webcast - available on Safari). [View news story]
    Perhaps 5 mm ?
    0.5 mm is about this thick || between those bars.
    5 mm is about this thick |-----| between these bars.


    Any idea what a PC with a similar configuration would cost?
    What'cha think?
    Oct 23, 2012. 01:51 PM | Likes Like |Link to Comment
  • "We have recently made the business decision to not carry Amazon tablets and eReaders beyond our existing inventory and purchase commitments," reads an internal Wal-Mart (WMT) memo as it joins Target in no longer selling the Kindle products that edge Amazon (AMZN) further into their territory. [View news story]
    Netfilx killed Blockbuster's brick and mortar stores.
    Walmart killed the local merchants in the community.
    Amazon is now killing the last brick and mortar 'Castle' - Walmart in each community.
    Not today, Not tomorrow, but Amazon WILL kill or severly injure Walmart.
    Sep 20, 2012. 12:21 PM | Likes Like |Link to Comment
  • More on the VIX below 15: A chart of the VIX going back to 1994 shows 2 lengthy periods in which it held below that level - both were accompanied by healthy returns for the S&P. The VIX today -1.5% to 14.63. [View news story]
    Agree...
    Aug 15, 2012. 12:34 PM | Likes Like |Link to Comment
  • A sub-15 VIX (Friday close 14.7) is rare, says Goldman Sachs, and it doesn't stay below that level for long (true post-2007, pre-crisis not so much). It's not just the U.S., but implied volatilities have dropped across every global index followed by the Goldman team. Another sign: The put/call ratio has declined to its lowest level in more than 3 years, as players pull off hedges. [View news story]
    So, when will it reverse? When the Congress can't agree on the "Fiscal Cliff" in the fall? That's a LONG way away.
    Aug 13, 2012. 09:21 AM | 1 Like Like |Link to Comment
  • The Amazon Economy [View article]
    Remember when Walmart tried to get into the Banking business a few months ago?
    Can Amazon be far behind this lucrative endevor?
    First the Brick and Mortar stores disappear, then your ( Friendly? ) neighborhood bank and credit union?
    Aug 8, 2012. 09:50 AM | 1 Like Like |Link to Comment
  • Shell has pulled all but the most necessary operational funds out of European banks, reports The Times. "There's been a shift in our willingness to take credit risk in Europe," says CFO Simon Henry, explaining at least part of the bid for 10-year Treasurys yielding 1.50%.  [View news story]
    First of many ?
    Aug 6, 2012. 07:56 AM | 1 Like Like |Link to Comment
  • Google (GOOG) has sent out invitations for a July 26 Kansas City event that will likely feature the launch of its last-mile fiber network, which will deliver 1 Gbps connections to homes and businesses. Speculation has grown that Google, unhappy with the high cost of U.S. broadband relative to many other nations, plans to leverage its nationwide fiber backbone to offer services in other metro areas.  [View news story]
    Dear Mr Google,
    Please, Please, PLEASE come to my neighborhood.
    We have Comcast, which is OK, but more expensive than it has to be, and Verizon fiber goes down the street, but they are a Maintenance NIGHTMARE and Expensive, too.
    - Chuck in PA
    Jul 18, 2012. 01:10 PM | Likes Like |Link to Comment
  • The VIX (VXX +6.2%) posts its biggest jump in a month, but isn't anywhere near the sort of level associated with real fear in the market. The index currently resides around 23, but spent most of 2011's late summer and fall north of 30. We may need an S&P drop of 30-35 points in a day for the VIX to crack 30, says Michael Palmer.  [View news story]
    Will "Fear" arrive after the Greek vote?
    Then if they put the "Leave the Euro" parties in power, then the dominos start to drop,.. Spain, Portugal, et al.
    May 30, 2012. 03:33 PM | 1 Like Like |Link to Comment
  • "If you wrapped up all the $100 bills in circulation, it would form a cube about 74 feet per side ... in a hundred years, that money will have produced nothing. In a thousand years ... worthless," writes David Einhorn, taking aim at Warren Buffett's bear case on gold (after being the subject of an ugly attack by the Oracle's partner).  [View news story]
    If you took all the $100 bills in circuclation, put them into a huge tank of water, let them soak for a week, then siphoned off the water, boiled it down, you'd have a sheet on the bottom of cocaine worth about $30 Billion Dollars?

    I'm just sayin...
    May 30, 2012. 11:41 AM | 7 Likes Like |Link to Comment
  • The yield on JGBs falls to 0.815%, the lowest level since 2003. Folks of a certain age will remember that summer and remember the seeming impossibility of that level. We're not only back, but the rest of the world is headed there too. German 10-year Bunds, 1.43%, U.S. 10-years, 1.71%. At the short end, Germany has gone even further, its 2-years yielding 0.05% vs. Japan at 0.10%.  [View news story]
    If Japan is safer than Europe... Hang On, Folks, it's gonna be a wild ride!!
    IMHO
    May 18, 2012. 01:13 PM | 1 Like Like |Link to Comment
  • Okayama Metal & Machinery becomes the first of what could be many Japanese pension funds adding gold to their holdings. Japanese rates near zero may be one reason, but the CIO suggests it's more of an interest in gold as a "safe currency." To make room for the purchase, the fund actually sold high-yielding Australian dollars.  [View news story]
    OK, I'm a neophyte of only a few decades of trading, etc... but that seems like a Very foolish move to me.
    May 16, 2012. 12:09 PM | Likes Like |Link to Comment
  • Mario Draghi, The Rain In Spain, And The Future Of European Banking [View article]
    advice, with a C.
    sorry, but I tend to get a bit weird on that one.
    Apr 19, 2012. 09:00 AM | Likes Like |Link to Comment
  • Google's (GOOG) new share structure is a clear violation of its "don't be evil" mantra, according to Felix Salmon. Dual-class structures were illegal until 1986, and even afterwards, independent shareholders have generally been given the chance to vote on them. Ultimately, Google's move represents an attempt to "retreat back into its pre-IPO shell as much as possible."  [View news story]
    1. Money is Power.
    2. Power Corrupts.
    QED: Absolute Power Corrupts Absolutely.

    The Golden Rule:
    The person with the gold makes the rules.

    The little guy get's screwed.
    JMHO..
    Apr 13, 2012. 09:24 AM | 1 Like Like |Link to Comment
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