WallStrip founder and money manager Howard Lindzon has an investing philosophy: “Find trends, ride ‘em, and get off!”So what’s a trend-follower to do in a market that’s trending down?Until very recently (as in this morning), Lindzon has been sho
Daily Archives: June 24, 2008
Is the Web Doing to Venture Capital What It Did to the Music Industry?
We couldn’t let Lane Becker and Thor Muller of GetSatisfaction go without pressing them about whether they were out raising venture capital now and how it’s going. Like any good entrepreneurs, they were coy about their own plans, but offered an inside loo
Microsoft and Yahoo in Talks, Two Sources Say ‘Buyout Not on Table’
From Silicon Alley Insider, June 24, 2008:Yahoo (YHOO) and Microsoft (MSFT) are talking again, say TechCrunch, CNET, and an SAI source.
TechCrunch’s sources say
the two are talking about a full buyout. One of our sources was highly
skeptical of this. A
Why $18B in Customer Service Software Has Only Made Customers Angrier
CRM software. Remote call centers. Voice-recognition software. Online chat. Some $18 billion has been spent in recent years on technology to deal with angry customers. Guess what? Most customers have only gotten angrier. That’s because companies have most
eBay Falls from Grace, comScore Falls Prey to Google Threat
eBay’s fall from grace was on stark display at its Live conference in Chicago, which featured a lot of empty seats and irate sellers.
For Sale: Homes, Cars — No Money Down! (Again)
Seeking to stem a steep decline in sales, GM is reviving the “zero-percent” financing strategy that helped boost sales earlier this decade. With Ford also in desperate straits and even Toyota scaling back its U.S. …
Fed in a Bind: Bears on the Rise as Stagflation Spooks Stocks
A report in today’s Wall Street Journal showing money managers are more skeptical about stocks today vs. three months ago is arguably a good sign, from a contrarian viewpoint. Historically speaking, bear markets don’t end until positive sentiment evaporte