Oracle Gets Cloud Religion
Oracle is positioning itself as a one-stop shop for cloud computing. Cloud computing - Oracle - Oracle Corporation - Databases - Larry Ellison feeds.pcworld.com |
Microsoft Suggests Public Health Response for Sick PCs
Microsoft exec Scott Charney suggests that sick PCs be segregated and quarantined in much the same way public health procedures and protocols are used to contain infection and prevent the pandemic spread of disease around the world. feeds.pcworld.com |
High Flying Tech Leaders Down - Market to Follow?
David White submits:A huge list of some of the fastest growing stocks fell dramatically yesterday. The list includes: CRM, NFLX, RVBD, EZCH, BIDU, VMW, RDWR, FFIV, APKT, and EQIX. Most of these were down 5% to 10+% in one day. This happened on a day when the SPY was little changed for the day, and the DIA was actually up from its open. This is actually a very bearish signal. These stocks have been leading the market higher. They were far over valued (and still are). This was likely due to investor speculation that they could be buyout targets. For most the problem with that rationale was that they were already too highly valued to be viable buyout targets. Wed. the market seemed to finally acknowledge that. However, that is not likely to be the end of it. The HFT/momentum/market emotion traders have been pushing them up. They are generally only interested in quickly moving stocks. Some may now try to push these same stocks down further (so they can again be pushed up quickly. Others such as most HFT may simply remove their push up. This will drain liquidity, and it will eliminate perhaps 70+% of the up volume. What do you think will happen to these stocks under that scenario? The overall market is over bought, after going up for all of Sept. and more slowly in Oct. The above techs (and this is not a complete list) will not be able to lead for the near term. They seem more likely to be in retreat mode. Most of the multiples are truly outrageous. Financial stocks seem unlikely to be able to lead. The real estate crisis is still prominently in the news. Foreclosure problems facing the banks have been headlined every day. The Irish banks’ and government’s problems have never been far from the news. California’s teacher pensions obligation deficit of $326B (the GDP of Ireland) was highlighted Wed. The lower amount of trading recently has been highlighted for US investment banks. FinReg consequences have been cited as reasons for near term bank layoffs and reorganizations to come. The tax consequences of the Health Care bill and the FinReg bill are only just starting to get the US markets’ attention. The full amount of the changes and damage to current business operations in these two sectors is only beginning to be felt.Complete Story » seekingalpha.com |
Facebook Sues Faceporn, Claiming Trademark Infringement
Facebook has sued Faceporn, saying the X-rated site violates Facebook trademarks. feeds.pcworld.com |
4 Reasons to Give Linux Mint 10 a Try
Based on Ubuntu 10.10, the next Mint version may just represent the cutting edge in usability. feeds.pcworld.com |