Twitter as a business is absolutely sensational,said Larry Haverty,portfolio manager at GAMCO Investors.The growth of the global ad revenues are divided by the big three:Facebook,Twitter and LinkedIn.At close to a 40 billion valuation,I can't make Twitter grow fast enough to justify the price.You've created an artificial shortage.This is a hoarding apple,not an investing apple.
There's speculation going on.People are just buying it.It's going to make a lot of money,but with a 40 multiple on it,five years from now I get a stock valuation where it is right now.God forbid something happens to the business like to an AOL and previous speculative companies.Once I see how the numbers look,seeing how the people behave at the conference call,I'll be able to judge it better.I just can't do that right now.*
I would still be a buyer of Google.Right now it's a technological conglomerate.Basically it eats on ad dollars.It's returning 5%.I think Google glass will be a phenomenal success.*
Macau in the next five years is gonna double.*
With Sony,one thing I like is,they're finally figuring out how to make money in the music business.Profits are gonna start going up as these services allow them to start monetising.
The real call option on Sony is the electronics business.Ultra HD TV is gonna be all over the Consumer Electronics Show.Sony is gonna have a seat at the table.Three to five,you have the entertainment business and a turn in the electronics business with PlayStation 4,somebody's gonna make a fair amount of money with Sony.*
In the next few weeks,Liberty Media will buy Time Warner Cable.*
Sony Group(SNY),Twitter(TWTR),Google(GOOG),Time Warner Cable(TWC),Liberty Media Corporation(LMCA)
Tuesday, December 31, 2013
Monday, December 30, 2013
Antarctic Rescue On Hold;Light Bulb Ban;Prince Harry Returns
So far,all attempts to rescue the 57 people aboard the Russian research vessel Akademik Shokalskiy stranded in Commonwealth Bay,Antarctica have failed.Two ice hardened ships from China and Australia have had to turn back to open water,unable to penetrate the very thick ice;nor can aircraft reach them in the blizzard conditions.*
Many of the passengers are citizens who paid to participate in the research on climate and marine life.They were warned of the unpredicitibility of Antarctica when they signed on.The ship has two weeks of fresh food,then several more weeks of dehydrated food.There are 50 days of fuel left.
A lot of the passengers are Australian.*
Morale on the ship is said to be pretty high.It's hard to imagine that people are not having at least private anxiety about their plight,however.If nothing else,obligations back home must be weighing on them at some level.This blog would certainly be concerned.*
On January 1,Americans must switch from their popular and cheap 40 and 60 watt incandescent light bulbs as production and importation of these old style bulbs become prohibited by law.The 100 and 75 watt bulbs were already phased out.Stores will still be able to sell remaining stocks of the old bulbs.A survey by light bulb maker Osram Sylvania shows that 60% of Americans are unaware the ban takes effect in 2014.
Many Americans do not like the substitute compact fluorescent,or CFL bulbs,saying they give off harsh light.Other substitutes are costly light emitting diodes,or LEDs,and halogen incandescents.Americans will have no choice now but to pay a lot more up front for light bulbs.The new bulbs last much longer and are a lot more efficient,however,and long term will save up to 13 billion a year in electricity costs.
The restrictions were signed into law by President George W. Bush in 2008 as part of the Energy Independence and Security Act,or EISA.*
A bearded Prince Harry of Great Britain and his team of 12 wounded war veterans achieved the goal of their expedition and reached the South Pole on 13 December.They spent a few days there before flying out of Novo Air Base,Antarctica in order to recover in Capetown,South Africa before returning to Britain by Christmas.The team of warriors,including Prince Harry himself who pulled several tours in the Afghan War,raised 160,000 dollars for the charity Walking With The Wounded,which aids wounded veterans and their families.
Prince Harry and his team encountered blizzard conditions in Antarctica and did not stay at the South Pole as long as originally planned in order to avoid even more harsh weather that would have stranded them.
Many of the passengers are citizens who paid to participate in the research on climate and marine life.They were warned of the unpredicitibility of Antarctica when they signed on.The ship has two weeks of fresh food,then several more weeks of dehydrated food.There are 50 days of fuel left.
A lot of the passengers are Australian.*
Morale on the ship is said to be pretty high.It's hard to imagine that people are not having at least private anxiety about their plight,however.If nothing else,obligations back home must be weighing on them at some level.This blog would certainly be concerned.*
On January 1,Americans must switch from their popular and cheap 40 and 60 watt incandescent light bulbs as production and importation of these old style bulbs become prohibited by law.The 100 and 75 watt bulbs were already phased out.Stores will still be able to sell remaining stocks of the old bulbs.A survey by light bulb maker Osram Sylvania shows that 60% of Americans are unaware the ban takes effect in 2014.
Many Americans do not like the substitute compact fluorescent,or CFL bulbs,saying they give off harsh light.Other substitutes are costly light emitting diodes,or LEDs,and halogen incandescents.Americans will have no choice now but to pay a lot more up front for light bulbs.The new bulbs last much longer and are a lot more efficient,however,and long term will save up to 13 billion a year in electricity costs.
The restrictions were signed into law by President George W. Bush in 2008 as part of the Energy Independence and Security Act,or EISA.*
A bearded Prince Harry of Great Britain and his team of 12 wounded war veterans achieved the goal of their expedition and reached the South Pole on 13 December.They spent a few days there before flying out of Novo Air Base,Antarctica in order to recover in Capetown,South Africa before returning to Britain by Christmas.The team of warriors,including Prince Harry himself who pulled several tours in the Afghan War,raised 160,000 dollars for the charity Walking With The Wounded,which aids wounded veterans and their families.
Prince Harry and his team encountered blizzard conditions in Antarctica and did not stay at the South Pole as long as originally planned in order to avoid even more harsh weather that would have stranded them.
Friday, December 27, 2013
Antarctic Expeditions Face Perils;Prince Harry Nears Goal
Two prominent Antarctic expeditions have had to face unexpectedly harsh conditions in the southernmost continent lately.A Russian research vessel carrying 22 crew and 35 passengers has been stuck in sea ice of Antarctica's Commonwealth Bay since Christmas Eve.Strong winds packed ice around the ship,preventing it from making away,said co-leader Professor Chris Turney of the expedition Spirit of Mawson.Some of the passengers are citizens who paid to take part of the expedition,which is marking the centenary of Australian explorer Douglas Mawson's famous expedition in 1913.All aboard are said to be in good condition.They had earlier viewed Mawson's well-preserved hut and artifacts on the land.
The centenary expedition has been studying climate,birds,oceans,geology and marine life.For most of December,good conditions facilitated quality research on Commonwealth Bay and its islands.The research ship,the Akademik Shokalskiy of Vladivostok,Russia,is in regular contact with some ice-hardened vessels coming to the rescue.At least one or two of them should reach the stranded explorers today,Friday.
Meanwhile,Prince Harry of Great Britain is nearing the end of his own 200 mile trek across the frigid continent Antarctica.The expedition,now 37 miles from its goal,is sponsored by veterans charity Walking With The Wounded and Virgin Money.It is intended to raise money for wounded war veterans and their families.Prince Harry is himself a combat veteran of the Afghan War.
Prince Harry,accompanied by actors Alexander Skarsgard and Dominic West,had trained in an ice chamber for the expedition,learning how to prevent frostbite and other medical problems.They have encountered unprecedented terrain on the plateau and temperatures of 31 below zero Fahrenheit.The hazardous conditions forced them to abandon the three team race format and form a joint expedition instead.
The centenary expedition has been studying climate,birds,oceans,geology and marine life.For most of December,good conditions facilitated quality research on Commonwealth Bay and its islands.The research ship,the Akademik Shokalskiy of Vladivostok,Russia,is in regular contact with some ice-hardened vessels coming to the rescue.At least one or two of them should reach the stranded explorers today,Friday.
Meanwhile,Prince Harry of Great Britain is nearing the end of his own 200 mile trek across the frigid continent Antarctica.The expedition,now 37 miles from its goal,is sponsored by veterans charity Walking With The Wounded and Virgin Money.It is intended to raise money for wounded war veterans and their families.Prince Harry is himself a combat veteran of the Afghan War.
Prince Harry,accompanied by actors Alexander Skarsgard and Dominic West,had trained in an ice chamber for the expedition,learning how to prevent frostbite and other medical problems.They have encountered unprecedented terrain on the plateau and temperatures of 31 below zero Fahrenheit.The hazardous conditions forced them to abandon the three team race format and form a joint expedition instead.
Tuesday, December 24, 2013
American Companies To Watch
For Boeing,it's been straight line ever since the Ethiopian Airlines fire,when it went from 105 to 101.That had nothing to do with the Dreamliner-a remarkable performer,said CNBC analyst Jim Cramer.*
The Greek car sales and registration came out the other night.They were very strong.Keep track of the Mexican market.That's where all the autos will go.Keep an eye on Mexico.*
I'm all in Exxon.I just like that they're bullish about themselves.They're bullish about themselves-that's all I'm saying.*
I would still buy American Airlines agressively here.I just think this group has more legs,and I think American Airlines is terrific.*
Look at these American companies.Look at Boeing.People have to recognise,when Home Depot CEO Frank Blake comes on and says that business is good,you should buy the stock.Look at Carnival Cruise.That stock's taking on the world.People love Twitter.We can denigrate that,we can say people are foolish,but people are making money.How foolish can those people be?asked the popular CNBC host Jim Cramer,who was so poor at one time that he slept in his car.*
American Airlines(AAL),Boeing(BA),Exxon Mobil(XOM),Home Depot(HD),Twitter(TWTR),Carnival Cruise Lines(CCL)
The Greek car sales and registration came out the other night.They were very strong.Keep track of the Mexican market.That's where all the autos will go.Keep an eye on Mexico.*
I'm all in Exxon.I just like that they're bullish about themselves.They're bullish about themselves-that's all I'm saying.*
I would still buy American Airlines agressively here.I just think this group has more legs,and I think American Airlines is terrific.*
Look at these American companies.Look at Boeing.People have to recognise,when Home Depot CEO Frank Blake comes on and says that business is good,you should buy the stock.Look at Carnival Cruise.That stock's taking on the world.People love Twitter.We can denigrate that,we can say people are foolish,but people are making money.How foolish can those people be?asked the popular CNBC host Jim Cramer,who was so poor at one time that he slept in his car.*
American Airlines(AAL),Boeing(BA),Exxon Mobil(XOM),Home Depot(HD),Twitter(TWTR),Carnival Cruise Lines(CCL)
Monday, December 23, 2013
Australian Bank Shares Strong,Hyundai Slims Down
The major Australian banks Commonwealth Bank of Australia,National Australia Bank and Westpac rose 0.8% in Monday trading,shrugging off news that the four biggest banks will be required to set aside a further 1% of equity capital.The ASX 200 index climbed 0.51%.*
Other Asian markets also rose Monday,cheered by the US beating its GDP forecast last week,and the IMF announcing Sunday it would be raising its outlook for US growth on these strong results and the budget deal recently signed in Washington.The Shanghai Composite was up 0.24%,while the Hang Seng climbed 0.44%.Japanese markets were closed for the Emperor's Birthday holiday.*
South Korea's Hyundai Group is selling its three financial units to raise cash to reduce debt,as well as concentrate on its shipping,logistics and elevator machinery businesses.The sale is expected to bring in 3.1 billion dollars.*
Apple Computer has reached a deal with China Mobile allowing it to sell the iPhone in China as of next month.The move is expected to present Samsung with major competition in the vast Chinese market.*
In golf,Europe came swiftly from behind to win The Royal Trophy match play tournament at the Dragon Lake Golf Club in Guangzhou,China by one point.It was Europe's fifth win out of seven.
Other Asian markets also rose Monday,cheered by the US beating its GDP forecast last week,and the IMF announcing Sunday it would be raising its outlook for US growth on these strong results and the budget deal recently signed in Washington.The Shanghai Composite was up 0.24%,while the Hang Seng climbed 0.44%.Japanese markets were closed for the Emperor's Birthday holiday.*
South Korea's Hyundai Group is selling its three financial units to raise cash to reduce debt,as well as concentrate on its shipping,logistics and elevator machinery businesses.The sale is expected to bring in 3.1 billion dollars.*
Apple Computer has reached a deal with China Mobile allowing it to sell the iPhone in China as of next month.The move is expected to present Samsung with major competition in the vast Chinese market.*
In golf,Europe came swiftly from behind to win The Royal Trophy match play tournament at the Dragon Lake Golf Club in Guangzhou,China by one point.It was Europe's fifth win out of seven.
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