2nd Quarter

[xstac2169]

Yeah I was just reading that Yahoo might not sell now because Microsoft only wanted to buy the search engine portion of Yahoo and their board of directors is going to be re-vamped.

I have actually heard that the Windows phone is out selling the Iphone 2 to 1 right now and that Apple wasn't doing as good as expected. I dont know what to think.

I just know I saw Microsoft at $24.40 a share last week this time and then saw it jump to almost $28 per share and I was pissed I couldnt get in on it when I wanted to. Just had a strange feeling that Gears might help Microsoft make an even bigger name for themselves once it hits shelves.

[BettorsChat]

Yeah I was just reading that Yahoo might not sell now because Microsoft only wanted to buy the search engine portion of Yahoo and their board of directors is going to be re-vamped.

I have actually heard that the Windows phone is out selling the Iphone 2 to 1 right now and that Apple wasn't doing as good as expected. I dont know what to think.

I just know I saw Microsoft at $24.40 a share last week this time and then saw it jump to almost $28 per share and I was pissed I couldnt get in on it when I wanted to. Just had a strange feeling that Gears might help Microsoft make an even bigger name for themselves once it hits shelves.

Look at some of those bank stocks like BAC it was $18 just recently now its over $29. Same thing for FRE & FNM etc. Those stocks are bouncing all over the place.

As for MSFT they should buy YHOO now that YHOO agreed to take $33 per share, but from what I've read MSFT only wants to pay $28 per share.

[thaikarate1]

What do you guys think about Microsoft? It always seems to dip a little after a bad earnings call, but with the release of potentially the biggest video game in years coming in November, I think it has potential to go up at least $10-$13 a share by November 8th which is the release date of Gears of War 2.

Any thoughts?

I don't think MSFT will be as profitable as it once was. Very tought for a company this big to go any bigger.

Banks has been great last week. I believe these will go higher. Sooner or later it will bounce back, once they get rid of all these Prime interest problem.

I like invesment banks like JP mrogan and Goldman Sach. They are best of the breed right now.

GOOG dropped big time last week after missing estimate. This is time time to get it. They still made over $1 billion last quarter.

QCOM is the wireless play for me and my largest holding. They are from San Diego which is where I live. They made a whole bunch of money of intelletual properties. Which mean they get royalties from phone company that uses their chips. They do not even make the chip. They have the fastest chip in 3rd generation, which allows phone to have video and internet connection. Profit margin on royalties is like 75%. Nokia has been fighting with them over the rpice the past couple of years. Sooner or later, Nokia will have to give in and start paying and you will see this stock go higher.

The IPhone uses their chips and When Google comes out with their phone, which also uses QCOM's chips.

Another Interllectual property company is Rambus. They have the fastest memory chip and has been in court for the last 4-5 years. All these foreign companies want to still their patent and does not want to pay royalties. They will prevail. Hopefully within the next year or so. Lets hope.

[xstac2169]

Well I just posed the question to my financial advisor to see what he thought of Microsoft and Qcom. Will let you guys know what he says when he reponds.

Currently my money sits in the Legg Mason Opportunity trust which has lost me a little each time I get the reports of how many more shares I buy each month. I look at it as at least I was able to put something away that could make me money instead of spending it on liqour or food or some stupid thing I did not need.

[thaikarate1]

Well I just posed the question to my financial advisor to see what he thought of Microsoft and Qcom. Will let you guys know what he says when he reponds.

Currently my money sits in the Legg Mason Opportunity trust which has lost me a little each time I get the reports of how many more shares I buy each month. I look at it as at least I was able to put something away that could make me money instead of spending it on liqour or food or some stupid thing I did not need.

What is the fund returning you this year so far?

[BigWeiner]

7/21/08 updates:

(8 shares) QCOM is $44.98 = $359.84
(1 share) MA is $274.66 = $274.66
(2 shares) GS is $182.45 = $364.90

Total: $994.40


(115 shares) PLNR is @ $2.65 = $304.75
(198 shares) KTOS is @ $1.68 = $332.64
(564 shares) JAVO is @ $0.56 = $315.84

Total: $953.23

do you still own these?

I still have mine.

1 Day Later

(8 shares) QCOM is $43.59 = $348.72
(1 share) MA is $264.69 = $264.69
(2 shares) GS is $180.44 = $360.88

Total: $974.29


(115 shares) PLNR is @ $3.00 = $345.00
(198 shares) KTOS is @ $1.75 = $341.25
(564 shares) JAVO is @ $0.65 = $366.60

Total: $1052.85

[thaikarate1]

1 Day Later

(8 shares) QCOM is $43.59 = $348.72
(1 share) MA is $264.69 = $264.69
(2 shares) GS is $180.44 = $360.88

Total: $974.29


(115 shares) PLNR is @ $3.00 = $345.00
(198 shares) KTOS is @ $1.75 = $341.25
(564 shares) JAVO is @ $0.65 = $366.60

Total: $1052.85

NIce

[thaikarate1]

I don't think MSFT will be as profitable as it once was. Very tought for a company this big to go any bigger.

Banks has been great last week. I believe these will go higher. Sooner or later it will bounce back, once they get rid of all these Prime interest problem.

I like invesment banks like JP mrogan and Goldman Sach. They are best of the breed right now.

GOOG dropped big time last week after missing estimate. This is time time to get it. They still made over $1 billion last quarter.

QCOM is the wireless play for me and my largest holding. They are from San Diego which is where I live. They made a whole bunch of money of intelletual properties. Which mean they get royalties from phone company that uses their chips. They do not even make the chip. They have the fastest chip in 3rd generation, which allows phone to have video and internet connection. Profit margin on royalties is like 75%. Nokia has been fighting with them over the rpice the past couple of years. Sooner or later, Nokia will have to give in and start paying and you will see this stock go higher.

The IPhone uses their chips and When Google comes out with their phone, which also uses QCOM's chips.

Another Interllectual property company is Rambus. They have the fastest memory chip and has been in court for the last 4-5 years. All these foreign companies want to still their patent and does not want to pay royalties. They will prevail. Hopefully within the next year or so. Lets hope.

Just like I said, Nokia gave in and will start paying QCOM. What a move today by QCOM. up 16%

http://www.fiercewireless.com/story/...id=OTC-RSS-FW0

[thaikarate1]

my 8 share shares is up to: $417

[thaikarate1]

QCOM is up to over $55 today. That is about 40% increase since I posted it back in April

[thaikarate1]

Updates:

(8 shares) QCOM is $53.86 = $430.88
(1 share) MA is $257.70 = $257.70
(2 shares) GS is $174.26 = $348.52

Total: $1037.10


(115 shares) PLNR is @ $2.35 = $270.25
(198 shares) KTOS is @ $1.80 = $356.40
(564 shares) JAVO is @ $0.58 = $327.12

Total: $953.77

Still neck and neck.

[BigWeiner]

PLNR is getting crapped on, but it will turn around. Nice call with QCOM, might be time to bail out on that one.

[thaikarate1]

PLNR is getting crapped on, but it will turn around. Nice call with QCOM, might be time to bail out on that one.

I have been holding this compnay for over 4 years. Made a lot of maney from them. Their business is the best you can get in. They paid dividen also. I still think there are plenty of room for more gain.

[BigWeiner]

Updates:

(8 shares) QCOM is $54.32 = $434.56
(1 share) MA is $232.31 = $232.31
(2 shares) GS is $167.53 = $335.06

Total: $1001.93

(115 shares) PLNR is @ $2.71 = $311.65
(198 shares) KTOS is @ $1.86 = $368.28
(564 shares) JAVO is @ $0.68 = $383.52

Total: $1063.45