The recent results and 30% stock price slide of Oracle Corporation are a sure sign that at least in Corporate America, the recession is still not over. When compared to firms such as Dell Computer, which gain substantial revenue consumers, Oracle any many firms like it, are still hurting.More...
Although the recession has certainly abated and there are signs that a recovery has begun it is too soon to start raising interest rates. Many areas of the economy are still weak, including corporate profits and spending. More time and economic growth are needed to avert the possibility of a double dip recession.More...
This week we had a very interesting meeting at my offices with representatives of Oracle Corporation. Oracle thought they were going to be negotiating a new license agreement with my employer that would net them some more money. We had an ambush planned.More...
From week to week we move from neurotic to euphoric and the result is just the same. The market is trapped in a trading range, looking for a good reason to break out. The reason we have heard nothing yet is the same as months ago. Earnings aren't growing yet.More...
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.
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