Resurgent Intel. Problems for Qualcomm. Intel dumped all its businesses — except chips which it’s best at.Here’s two pieces on Seeking Alpha. They talk of a resurgent Intel and much heightened coompetition for QCOM. Of all the stocks I still own, QCOM is dong among the worst. I bought in because of being impressed with their new stuff at Consumer Electronics Show. But their new sstuff hasn’t delivered exemplary earnings and Intel and Broadcom are now targeting the cellphone LTE marketplace, which QCOM dominates. Here are the two articles. For Intel, click here. For Qualcomm, click here. Here are their one-year charts:
Intel looks like a much better deal.
Two pieces of software I can’t live without:
+ Lookeen for Outlook. It indexes my emails. It lets me find things instantly, if not sooner. It does a thousand percent better job than Microsoft itself does. Get the free trial. Then pay for it. It’s worth every penny. Click here.
+ Instapaper. Find something in the Internet you want to read later? Save it to Instapaper. It’s brilliant. Easiest, simplest app ever created. Click here.
Wise Italian Grandfather
An old Italian man in Brooklyn is dying. He calls his grandson to his bedside, “Guido, I wan’ you lissina me. I wan’ you to take-a my chrome plated …38 revolver so you will always remember me.”
“But grandpa, I really don’t like guns.. How about you leave me your Rolex watch instead?”
“You lissina me, boy! Somma day you gonna be runna da business, you gonna have a beautiful wife, lotsa money, a big-a home and maybe a couple of bambinos. “
“Somma day you gonna come-a home and maybe finda you wife inna bed with another man. “Whatta you gonna do then? Pointa to you watch and say, ‘Times up!’ “?
Harry Newton who is engrossed watching the Nadal/Djokovic semi-final match this morning. The lesson us tennis hackers learn from this is that the ball always comes back. And we’d better be ready to play it. I will stand there and admire my brilliance while the ball comes back and I lose the point. There are lessons her for your investing life. It’s not over until the fat lady sings. Meantime managing requires constant vigilance and speed of action. We live in a world where too much money is chasing too few opportunities. And the pressure is on to achieve instant results. Hence the volatility we’ve seen, for example, in recent days (look at yesterday):
Talk about volatility. Look at this miserable one-month chart of the Australian dollar. You just don’t expect “stable” currencies to crater this quickly:
You got to move quickly when you see this stuff happen — which, right now, is a combination of the strengthening U.S. dollar and the alleged “End of the Commodities Boom” talk in Australia.
If you think our government isn’t listening in on all our voice and email conversations, you’re wrong. Be careful what you say. No joking about serious stuff. Remember those signs at the airports about not making jokes as you pass through Security. Heed them in your every day life. I am not joking.
The U.S. did well on jobs in May, the latest month. Hopefully, markets will up today.
But who cares? The Tennis is more fun, and more predictable.
The French Open Tennis finals are this weekend. They should be great.
