Jase

36 Opportunities for the Beginning of the Bull

I share your view regarding most of these. I disagree, however, with your call regarding QCOM. Rather than bank on the mobile chipsets, I'd rather play the terrestrial and mobile backhaul/edge network angle via AKAM. Akamai moves 1/5th of the planet's daily internet traffic--despite continued competition in this space, it's exceedingly undervalued.

Panic on Wall Street - Fast Money Recap (9/17/08)

You must be kidding me. Never, ever bet against Goldman. Half that buying today was probably GS buying back their own shares. Earnings are estimated to be $14 per share this year--if history is anything to go by, they'll probably beat by a landslide; earnings above $20 per share wouldn't surprise me in the least. They thrive in this volatile environment. Anyone that thinks the Investment Bank model is broken has to get their head checked. Leverage (read: derivatives) are a useful instruments when used appropriately--they are excellent tools to protect wealth, for example. If you read GS's earnings report issued two days ago, they actually bought back millions of their shares at $180. GS will be fine. The shorts will get killed in the upcoming days when this thing is back above $175. There's no reason why they can't take out their old highs of $250 within the next six quarters--there are deals out there in the market and Goldman are experts at finding them and unlocking value. Their book value is 99.30; at 10x earnings on a surprise of $20 next year (last year their earnings were $24 per share) they are a $200 stock.