^ good one

10/3/2006 12:09:33 PM

New alltime intra-day highs make me nervous. My clients are looking for 90s performance these days.

10/3/2006 12:41:56 PM

Sold all my ALL today at $63.87.

10/3/2006 5:32:26 PM

Good day today.

10/4/2006 4:30:33 PM

Agreed. Another new high, right?

10/4/2006 4:43:01 PM

Yes, the market had a big day so we're up to a new high.

I'm glad P/Es are still relatively low.

10/4/2006 4:52:39 PM

dammit, i wasn't watching the market at all today trying to get off early. I succeeded in that, but missed getting in on today's runup.

ah well....

10/4/2006 5:57:44 PM

made bank today

10/4/2006 6:15:58 PM

i've made nada since march

i set up an all etf portfolio between late may through june, and have become lazy

business art work has also kept me from trading

10/4/2006 6:28:32 PM

lol, is that bobby?

10/4/2006 6:40:45 PM

tis tis, TRLG boyz and girlz made me happy this past week!!!!!

10/4/2006 8:19:14 PM

^^ no

10/4/2006 8:37:09 PM

Bought 111 shares of AKAM @ 52.17

I almost pulled the trigger tuesday at 50.75, and i'm very pissed about missing out on it now.

10/5/2006 11:46:47 AM

Too bad you didin't pull the trigger back in January when you originally called it...
Too bad I didn't either.

10/5/2006 1:01:10 PM

yeah seriously.

I didn't have any cash to invest with at the time, or i would have. :-(

10/5/2006 1:10:38 PM

I wasn't watching this thread back then...

Obviously you don't think that AKAM has run out of steam yet. I'm a bit iffy--it seems like it might start to slow down here shortly.

10/5/2006 1:11:34 PM

I'm gambling a little bit here, and imo, this is a little riskier than my normal plays. I'm a little wary still due to the fact that trailing P/E is lower than forward P/E which tends to imply overvaluation, but I also think that AKAM has a lot of room to grow because the market for internet content delivery is still very young.

Aside from serving all of Apple's iTunes music and video downloads, it is also used by Microsoft, most recently as the distribution for the Vista beta downloads. With the advent of it's new Zune service, chances are, it will also use AKAM. So, in part this is a Microsoft play. Even though MSFT is a little late to this party, they have a track record of bullying themselves into market share, a la Xbox.

Their earnings call happens on the 26th of October. All indications point to another strong quarter, so I plan to hold it at least until then (barring any unexpected meltdown -- Stop Losses are my friend).

10/5/2006 1:20:47 PM

Do any of you guys aside from bgmims do this full time? I don't know how the hell you all have the time to keep up with everything.

10/5/2006 1:25:58 PM

I am as amateur as it gets

I've pretty much been keeping up with the tech industry for the better part of the last decade, so I feel that I have a pretty good understanding of how it moves. Working for a tech giant also helps, i get bombarded with sector specific news all the time.

Also, i'm a closet economics geek. Having a good grasp of macroeconomics translates to better understanding stock market trends. Magazines such as The Economist and Fortune are also excellent for learning about economic, business, and general market trends.

All of the information that the pros use is the same publicly available information that is available to you and I (obviously many of the heavy hitters on wall street somehow wind up with key info a lot faster than us), it's just a matter of how to organize and interpret the kludge of data. I'm definitely still learning, but more and more, I'm finding that my picks do better more often than not. At the end of this year, i'm going to go back through this thread and look at all of my picks and see what they did from the time i posted till the end of the year. Should be interesting.

10/5/2006 1:41:38 PM

Do you just day trade or do you have long term investments as well?

10/5/2006 1:54:45 PM

mostly long term, spread out in various mutual funds.

10/5/2006 3:07:08 PM

Ah ok, from the way I hear most of you guys talking about it, I thought you all traded on a more regular basis.

10/5/2006 3:11:08 PM

Mutual funds? Ick...

10/5/2006 3:13:40 PM

That is mostly what I do. Why the ick?

10/5/2006 3:16:30 PM

I'd just rather manage my own money.
Now if you're talking about something like a Vanguard total market dealie, I suppose that's acceptable.

10/5/2006 3:19:04 PM

You can own mutual funds and still manage your own money.

10/5/2006 3:31:50 PM

It's all personal preference. Do whatever makes you happy!

10/5/2006 3:33:55 PM

Out of curiousity, why is the "Vanguard total market dealie" acceptable?

10/5/2006 3:40:37 PM

Because, as I understand it, it essentially buys the entire market. (correct me if I'm wrong!) I'd rather buy the entire market than have some guy buy a certain grouping of stocks based on his own recommendations.

I'm not a big fan of mutual funds because most people just dump their money into it and hope for a nice return--they don't do any managing of the money themselves so they're just expecting someone to do it for them.

10/5/2006 3:50:54 PM

You still have to manage the allocation if you have multiple mutual funds. The whole stock market? Wow, that's pretty cool.

10/5/2006 3:55:58 PM

time to sell GE or maybe HLT yet?


anyone else own CTSH? i bought a little on a whim (and a dip) a while back, based basically on the fact that it's been making solid, steady returns for a long time. i've thought about buying more.

anyone else had the idea of buying Intel next time it dips, based on value (and hoping that Windows Vista will light a fire under it in the relatively near future)?

10/5/2006 7:39:41 PM

Why would now be a good time to sell GE?
There's no way I'm selling all my GE, lol...I'd be paying taxes on that for the next decade.

10/6/2006 10:32:04 AM

why would you want to sell GE

people own it for the dividends

10/6/2006 10:34:23 AM

true

it pays higher dividends than almost anything else

10/6/2006 10:40:01 AM

I'd be careful with those generalizations...it pays a decent dividend but there are plenty on the market that pay more.
The problem with owning GE is that it's only $1/share dividend. Seems pretty good, but you'd have to have several thousand shares to have any income of significant value coming in. Right now their dividend is only 2.80% of their stock price. Since you're active military, if you wanted steady guaranteed income it might be better to put the money from GE into a saving's account with Navy Federal since their interest rate is a bit higher 2.80%. I believe it's 4.45% now, but please correct me if I'm wrong.

10/6/2006 11:10:12 AM

I'd just reinvest the dividends.

10/6/2006 11:38:07 AM

Google in talks to buy YouTube...Google stock up 2%

10/6/2006 3:11:16 PM

yeah i'd just reinvest my dividends as well

10/6/2006 4:24:04 PM

Many older people who own lots of shares of GE don't have that option--they need the income the dividends provide to help buy medication.

10/6/2006 4:32:16 PM

yeah...hopefully that doesnt apply to the people on this website

10/6/2006 4:36:30 PM

if you want dividends, check out ETV and ETW

they don't move much, put pay a steady 10% dividend

10/6/2006 6:49:33 PM

Quote :

"Google in talks to buy YouTube...Google stock up 2%"

I've read several different analyst saying this is a bad idea.

10/9/2006 8:59:20 AM

analysts' opinions are like yours and mine, a dime a dozen.

You could probably find just as many analysts lauding this potential move. Clearly the market seems to like it. Whether it'll be a worthwhile revenue generator or not remains to be seen, but google seems to find a way to squeeze ad revenue out of anything.

Part of this may be the effect of the lawsuit by Akamai against limelight networks, who hosts YouTube's content delivery. If YouTube is considering this sale, it may be as a way to get out of the middle of that battle, and Google could end up getting YouTube for a bargain.

Of course, i'm just speculating...

10/9/2006 9:10:16 AM

Quote :

"Part of this may be the effect of the lawsuit by Akamai against limelight networks, who hosts YouTube's content delivery. If YouTube is considering this sale, it may be as a way to get out of the middle of that battle, and Google could end up getting YouTube for a bargain."

Yea, it's one thing to get YouTube for a bargain, but it's another thing to buy a site that will eventually get shut down for not 'doing enough' to stop copyright content from being posted.

I can't help but feel like a lot of this Web2.0 and paying $texas for some of these sites feels like the dot com burst all over again. Seems like companies are getting that "other people are buying up these sites, we have to too" without really knowing if the payoff is going to work or not. Just my relatively uninformed opinion though.

10/9/2006 9:22:40 AM

Up another 2% so far on the news (still rumors I suppose) that its going to aquire YouTube. So indeed, the market does still like the idea.

I'll go out on a limb and say that the stock runs up in anticipation of the news and then drops back down in the days/week after the news once people start popping up all the question about how Google is supposed to monetize the site properly.

We'll see.

10/9/2006 10:07:17 AM

This is basically why i avoid google. It's propped up more by speculation than fundamentals. That can certainly make you rich.. but also has a higher risk of making you poor.

10/9/2006 10:20:26 AM

Quote :

"if you want dividends, check out ETV and ETW they don't move much, put pay a steady 10% dividend"

While it is true they're paying a very nice dividend right now, I wouldn't go out on any limb and say "steady"

Correct me if I'm wrong, and this fund came from another fund previously, but it looks to me like this fund has been around since 03/05, which doesn't give us a long track record of a dividend.

10/9/2006 10:29:05 AM

Also, are any of you on The Motley Fools, CAPS Beta?
http://caps.fool.com/Registration.aspx?dest=http%3a%2f%2fcaps.fool.com%2fNewPlayer.aspx%3fstep%3d1%26source%3dNoSource

This site has potential. I'm sure they're going to convert it into pay soon, but come play along while you can. I'm doing horrendously right now, but I don't really know how you can count poorly of me when I've recommended something over the next 4 years and it does bad the first week.

10/9/2006 10:31:25 AM

Quote :

"So indeed, the market does still like the idea."

So does my portfolio.

I got GOOG at $343. Perhaps it might be time to sell? (only have 10 shares)

10/9/2006 1:48:38 PM

yeah, i've had GOOG forever and have been unloading over time.

i would not get in at this price though...i would not get in anywhere in the triple digits actually.

10/9/2006 2:06:29 PM