Week two, the return?
May 6, 2008
Hello World!, I am hoping many of you will read this Tuesday morning when you all check your emails. First off I hope it is not too late to apologize for not posting last week. I was down in Atlanta along with my friend Ram at Deca Internationals. It was a fun and educating experience and I look forward to it next year. Anyways a recap at last week. Tech stocks are moving yet again and P/Es are somewhat coming back down though some good numbers were released from Google. There are predictions that the US economy will start rolling again. Also, big news, Microsoft walks away from Yahoo, (or was it Yahoo that rejected MSFT?), *SLAP….
First off, the yahoo-microsoft deal was pretty interesting. Mr. Yang asks for about 37$ a share, Mr. Ballmer says no, 33$, I can imagine that conversation going back and forth LOL. How come, they couldn’t agree at $35? Well, Yahoo stock is still drifting pretty high. I suspect shareholders believe the deal might come back if Yahoo begins struggling again. I think Yahoo has a long way to go from its pre-deal price of 19$ a share to where Mr. Yang wants to go. But then again, who knows what Mr. Yang has up in his sleeves, … headlines, “The return of YANG’s YAHOO!” or is there another deal going on? with AOL? Google even? Imagine the headlines that day; “Google and Yahoo team up to become GOoHOO! !!!, but would the federal board allow such a monopolistic deal? Probably NOT, or the merger could take a longggg time like Serius and XM radio which has many lawmakers up in arms.
Lastly, the stock I am going to follow this week, actually make that two, are going to be Pinnacle airlines and Apollo investment group. Theres been a lot of news about Pinnacle and its incredible cash flows, but a pilot picket strike seems to provide short term downfalls. I think the price will keep dropping, perhaps to a p/e of even in the 1.0 range. Apollo investment has also been steadily going up, and I have been following it for a few weeks, its also in our finance section. It has a crazy good dividend, and low P/E but something must be going wrong in the company for it to be downgraded a few weeks back. I hope they solve their issues, whether they be management, and I hope they improve on their ultra low earnings report last quarter. Well, their next earnings is in June, and I hope they have some good numbers, and enough cash to pay out those amazing dividends.
Anyways, I am going back to doing what normal kids do… ENGLISH homework :’(
To a rising economy
Zan Zhang is Logging out
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