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May 30, 2008

Visa (V) and Mastercard (MA) on a roll!

5-30-08: In today’s current market condition, there are very few places to hide. It seem no matter where you decide to invest, you will likely be impacted by the high price of oil. As we have mentioned before, oil make this economy run as many aspects of our lives are tied to crude price.  It all starts with the price of gasoline which trickles down to things like food. All of the sudden, your dollar doesn’t go very far. In the face of economic uncertainly, there are some companies which remains to benefit.  Two companies we like, Visa (V) and Mastercard (MA). In our view, these two companies will continue to grow and benefit despite the dismal macro economic picture.

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May 03, 2008

Microsoft-Yahoo: Not to be, microsoft abandons bid, walks

5-3-08:  After three months of haggling, the Microsoft and Yahoo saga finally came to an end with Microsoft opting to walk. Microsoft was willing to pay $33, but Yahoo wanted $37.  You would think they could simply decide to go with $35 and call it a deal, but we’re talking about a lot of big egos here. While we don’t know what actually caused the negotiation to fall through, the biggest concern for most is what will happen to their stock price when the market opens.

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