He’s 24, a journalism grad, lives in San Francisco, and has no interest in Newspapers (not that there is anything wrong with them).
If you want a good take on the important stuff going on in the internet world – good and bad – check in daily. He has a sense of what’s important and summing it up quickly with the appropriate pics and vids.
A bunch of putz’s called us dead. I prefer to cut losses and learn from mymistakes .
Unfortuneately, Dominic has had enough of the aggravation and moved on. Eddie Daroza , someone I also met through blogging has pitched in with me and some friends like Owen Bossola to add a little spice to your blogging day. Eddie has style, so give him a chance.
He’s like The Fly , but with cool pictures and sex appeal (and no stocks).
I am becoming an expert on the Phoenix/New York red eye. I am going to a charity event being held by Todd Harrison of Minyanville.
Back in the day, when I was a subscriber to The Street, I used to look forward to reading Todd’s posts. Todd was Cramer, Berkowitz’s head trader and he knew what he was talking about. He has kept doing that at Minyanville. I am looking forward to meeting him. He has to have some great Cramer stories.
I will be mixing it up with Lindsay, Adam and Jeff and try and force my self into a few episodes.
Check out today’s Wallstrip episode with Dave Kansas of the Wall Street Journal. He seems like a cool guy for sure.
Also, if you have not been reading The Blogging Times, you are missing out on some great stuff from Beth Gottfried. She just has it going on. Snnnnaaaarky.
Today on Wallstrip we check in on Sony. Kids have lined up for weeks to get a first shot. Big Woop if you are a Sony shareholder. Here’s the lifetime chart.
I must admit I have absolutely no interest in video games. But, my son loves his PSP. He is not the only kid (or adult). He does not give his Playstation 2 the time of day, but I am sure that day will come. The PSP is the perfect product for an 8 year old boy. Despite the KID love, the stock remains a DOG! Why?
Sony the company still lacks a catalyst. It’s too big, too slow, too clunky. Some great products, but no catalyst. The right wing hates them to boot.
I want to look at Apple, Sony and Oakley to compare a great product being turned into a stock catalyst.
First Apple. People continue to look at Apple and say – it’s the iPod that remade this company – it won’t continue. No doubt iPod sales will not grow continuously, but the catalyst was it’s delivery and the Apple Store. That part of Apple will continue unabated for some time.
Sony could open 1,000 stores and it would not dent the bottom line. In fact, it woulld serve to piss off their main sources of retail distribution.
Oakley has a wicked product in their RAZR sunglasses and the means to deliver it (mall stores), but they can’t or won’t do it well. They prefer to lock them up behind glass doors while you wait 10 minutes for a salesperson to unlock the cabinet and hand you a pair that has no music.
WTF! Is there not one Oakley executive that has been in an Apple store? If they fix it, their stock could run.
When Sony decides to unlock some of it’s growth components and spin them off, you may have some growth tickets. But Sony the stock… come on. If you can’t find something better in this market, you are not Wallstrip Worthy !
Disclosure – No positions in Sony or Oakley. Long Apple.
It has been at least 6 months since I have considered coming back to Time Warner.
The house cleaning that has taken place the last few days is sweet. They have a little bit left to do. Shit, Cramer could do it.
The chart telegraphed the news. You will notice that this AWFUL management’s fate was sealed back in July as the tech market exploded and Time Warner continued to suffer. The big money knew these changes were coming.
I will concede that NO ONE can save AOL.
But the web weaklings assembled to do the heavy lifting did not help AOL’s situation. They just stole more money from common shareholders in opportunity cost.
This stock is going higher. I am buying a little tomorrow. I think a lot of good changes are in store. They could (likely will) start by closing all the crap that Jason made like Netscape (Digg clone) and Blogging Stocks (a bad train wreck). Neither is worth linking to. They will be dead links soon.
AOL is done. Get rid of it for SOMETHING. Just keep the traffic by offering some worthwhile content.
Time Warner is cool. Has content. Has capital to buy web content, web talent.
Here is what I am sure is happening (I swear I have not read a post over in VC and nerdville):
Oh this is a bubble!
This just proves that there is too much money!
Charles River is the beginning of the end for internet VC investing!
They are CRAZY!
Here is my take:
Genius. Period.
Great timing – while other VC’s fold, they get aggressive. Tell me Bank of America lending 110 percent against swampland in Florida and Desert land in nowhereville is any worse than this!
The beginning – not the end – of a trend. Lot’s of small investments focused on smaller deals.
The real issue is that the closeset thing we have to a bubble these days is in large (real iffy) private equity deals. Sure that can go on forever, but that is an old trend. Also one that I have no access to.
My friend and partner Chartreuse has moved to new York and been busy. He and Loren just launched their version of a daily Vlogging show from the streets of New York. It is good!
The first episode has Nicholas Baum, product manager at Google reader, a product getting rave reviews.
(and no stocks).
