Tech stocks - Wednesday, April 11, 2007
This Week In Tech Stocks
Follow tech equities on our brother site tech:stocker.
+ “It’s all clicking, our business is on fires” says Comcast's CEO who wants Wall Street to start thinking of his company as an Internet play.
+ Citigroup to Akamai investors: don't worry so much about Limelight. Plenty of money to go around in the space.
+ CheckFree's biggest client - B of A - may take its business in-house. Stock slides down, down, down.
+ Salesforce slides despite new product strategy as analyst cites increased competition from Microsoft and Oracle.
+ Cisco seems to have convinced people that all of its competition in networking - 3Com, Riverbed, Extreme, Foundry, Juniper and the rest of the gang are hosed.
+ With the old management out on the street, Wall Street is not buoyed by Take Two Interactive's prospects.
+ Judge to Vonage: no more new customers until you come clean.
More Recent Articles
Tech:stocker - Some Fourth of July Fireworks With Washington Mutual
Thursday July 3, 2008
Remember everything we said yesterday about investing in "stable staples" of consumers and small and micro caps that are less volatile? Just forget all of it as we discuss Washington Mutual (WM:NYSE), a stock that looks worse than the fools who stepped in the ring Mike Tyson's during his early fights (you can also add Evander Holyfield and his chewed up ear to the comparison). And yet, we couldn't find a better stock to provide a bigger bang after the Fourth of July and beyond. Some people might think that the folks at tech:stocker have already started celebrating the 4th by recommending a stock that has dropped 38 points since its 52 week high to give it approximately an 88% loss in value for that timeframe. Considering most people would never buy a house again if their current one dropped 88% in value, it's no surprise people have been avoiding this stock as if it got 8 miles to the gallon and looked extremely foolish on today's highways. The reality is Washington Mutual (Wamu) is nowhere near as unwanted as a Hummer and should rebound over the next 24 months. The Hummer on the other hand will continue to...
TopTenREVIEWS Raises $6M
Thursday July 3, 2008
Utah's TopTenREVIEWS has raised $6M in a venture round from Highway 12 Ventures and Village Ventures. TopTenREVIEWS said the funding will use the funding to expand its online review site, and increase its workforce. TopTenREVIEWS runs an online product and price comparison shopping web site, under the guise of objective reviews of products ranging from video games to anti-virus software. The startup says it plans to boost its headcount by 100 thanks to the investment. TopTenREVIEWS was founded by Jerry Ropelato who was COO of ContentWatch. He launched the company as a resource for parents and as it took-off he branched off into other items to review. The company makes a living through advertising. View - site...
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