Archive for December 20th, 2007

Luxury gifts for golfers
CNN Money - Main Company News Economy International News CEOs and CFOs in the News Media Biz Blog Fun Money Mergers and acquisitions Biggest Luxury gifts for golfers For the avid golfers in your life, a nice tie or a DVD just won’t do. Here are some gift ideas that

BioSphere Medical and DuPont Applied Biosciences Sign Strategic
MSN MoneyCentral - Market Wire PrimeNewswire PRNewswire News by Topic Companies Stock Market Economy Industry Commentary This Week Index MSN Money Experts targets transformative products for the medical device industry that can significantly increase a patient’s quality of life

Second Life still living its first one
CNN Money - NEW YORK (Fortune) — In our culture of hype, the Second Life virtual world had its day in the sun. Almost a year ago, I contributed to the hubbub with a big story in Fortune about how even IBM CEO Sam Palmisano was calling virtual worlds a major

SDG&E Issues Request for Short-Term Renewable-Energy Resources
MSN MoneyCentral - Market Wire PrimeNewswire PRNewswire News by Topic Companies Stock Market Economy Industry Commentary This Week Index MSN Money Experts Exceptional customer service is a priority of SDG&E as it seeks to enhance the region’s quality of life. SDG&E is a

infoUSA Corporate Wellness Program Introduces Prairie Life Fitness
MSN MoneyCentral - Market Wire PrimeNewswire PRNewswire News by Topic Companies Stock Market Economy Industry Commentary This Week Index MSN Money Experts leads, direct marketing, and email marketing, this day announced the company has added subsidized memberships to Prairie Life

New Orleans protest gets rough
CNN - HUD says the redevelopment, in the works before Katrina hit, will mark the end of the city’s failed public housing experiment that lumped the poor into crime-ridden complexes and marooned them outside the life of the rest of the city. But critics state

Fabry’s Drug Outlook Sinks Amicus Shares
MSN MoneyCentral - Market Wire PrimeNewswire PRNewswire News by Topic Companies Stock Market Economy Industry Commentary This Week Index MSN Money Experts We do not expect this trend to significantly change given the life-threatening nature of the disease and Genzyme’s

Fla. Blast Kills Chemical Plant Co-Owner
MSN MoneyCentral - Market Wire PrimeNewswire PRNewswire News by Topic Companies Stock Market Economy Industry Commentary This Week Index MSN Money Experts There was like this tremendous boom like I’ve never heard in my life,” Shannon Story, who works nearby, told WJXT

TIBCO Software Reports Record Fourth Quarter Financial Results
MSN MoneyCentral - Market Wire PrimeNewswire PRNewswire News by Topic Companies Stock Market Economy Industry Commentary This Week Index MSN Money Experts strength and demand across all product lines, with several verticals such as Finance, Telecommunications and Life

Rooney sees Capello as “England legend”
Xinhua News Agency - Each will be auctioned to raise money for Goals for Life, a project raising funds for a Brazilian children’s hospital. “But there was one with Eriksson and now there’s another and England also tried to get (Luiz Felipe) Scolari two years

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For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

“Homebuilders have been in a slump, to state the least,” states Jim Farrish, editor of Sector Exchange.

“The technical charts on homebuilders look very similar to those of technology stocks during their rise from 1998-2000. In fact, the index has declined more than 70% peak to trough. Looking toward 2008 and the housing market, we could begin to see a turnaround.

“The begin is prone to be government aided, which is why we like this as an aggressive play, as the Federal government will put more money into fixing something than corporate America. Current proposals will not come close to fixing it, but will at least put a band aid on the situation and grant the healing process to begin.

“Our vote to benefit here would be Toll Brothers (NYSE: TOL). The company has one of the better-looking balance sheets in the industry and management has done a fairly good job of dealing with this downside market.

“Its weekly chart shows a decline from a high of $55 to a current price of $22. Their stock has found support near the $19.50 mark and has developed a trading range since July with the top at $23.50. With the stock currently near the high end of the trading range, we would look for a breakout as a buy point.

“If sales increase throughout 2008, we would look for the stock to rise near the $34 mark. There are a lot of things that need to unite for this play to reach its goal, but then that’s what makes it an aggressive opportunity.

“Thus, our entry point would be a break above $23.50 or accumulate shares on a pullback near the bottom of the trading range. Our stop would be $18 and the target $34.”

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It’s hard to imagine Google (NASDAQ: GOOG) as anything but a search engine for most consumers and even business leaders. The company that probably has more grand ambitions than any I can think of may want to tackle providing computing horsepower to needy customers in the future, though — and in turn, become a service provider of sorts. This is on top of its ambition to become the largest advertising network the planet has ever seen.

The scale of Google’s global network and how it works technically would boggle the mind of many a Ph.D. It’s those brainiacs who designed the sprawling network of Google’s cheaper-by-the-dozen normal computer servers who are now trying to find more ways to utilize all that computing power outside of providing search results in a fraction of a second to billions of queries every month. As Google continues to build large data centers, what is it going to do with all that power? Become Skynet, the infamous, world-dominating global personal network from the Terminator movies? Nah — there are bigger business fish to fry.

Google’s ambition to provide computing horsepower in the “Cloud” for university research, national laboratory simulations and just about anything else where tons of computer heavy lifting is needed is what appears to be yet another arrow in the search company’s quiver. Massive advertising networks will provide the bulk of Google’s revenue for many years to come, but the company has so many tentacles into secondary revenue sources (just at the beginning) that it’s hard to keep track of them all. For Google’s Cloud computing project, though, it might just be that Google’s network will rule many areas of the world even outside the search advertising business where it remains king.

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