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Can we make it for tomorrow evening? I'll send the connect invite to your penje box.
Don't tell him but so am I :)
How's the app? I have the full version: If you like, you can enter aboard via Adobe ConnectNow to my sys and see the backtest live. Penje heh...
Can Pre Save Palm? Some Critics Rave, But Field Crowded
By BRIAN DEAGON, INVESTOR'S BUSINESS DAILY
Investor's Business Daily
May 19, 2009 20:15 EDT
Palm plans to begin selling its highly anticipated Pre cell phone nationwide June 6, a product launch many see as a make-or-break milestone for the struggling handset maker.
Cellular carrier Sprint Nextel (S) will be the exclusive carrier and sell the phone at company stores for $299 with a two-year contract. Counting a $100 mail-in rebate from Sprint, the final price comes to $199, the same price as Apple's (AAPL) iPhone with AT&T (T) service.
The Palm Pre will also be sold at Best Buy (BBY), RadioShack (RSH) and some Wal-Mart (WMT) stores.
Palm (PALM) pioneered and once dominated the smart phone market. But it has lost ground to devices such as the iPhone, Research In Motion's (RIMM) BlackBerry and handsets running Microsoft's (MSFT) Windows Mobile operating system. In a sign of its fading clout, Palm began selling phones running Windows Mobile in 1995.
Palm is counting on the Pre to reverse that slide. The device uses new Palm-owned operating system called WebOS that promises a Web browser more advanced than the iPhone's, a slick touch-screen interface and easy access to Internet-based services.
Palm badly needs a hit. The Pre will go on sale two days before Apple unveils the newest version of the iPhone.
Palm also must contend with the Google (GOOG) G1 by T-Mobile, which uses Google's Android operating system. Samsung and Motorola (MOT) plan to introduce Android-based phones this year. Nokia (NOK), the No. 1 leader in smart phone sales worldwide, is getting more aggressive in the segment as well.
"If the Palm Pre and its WebOS end up being a flop — because the launch or branding isn't right and if other carriers don't pick it up — Palm could go away," said Matthew Thornton, an analyst at Aviation Securities. "Palm would have to raise more capital or hope to be acquired."
The Palm Pre is seen as a solid contender. Like other phones in its price range it has a touch-screen color display, 8 gigabytes of storage, Wi-Fi wireless networking, global positioning system and will run on Sprint's 3G network. A key feature to the operating system is its Synergy program, which makes it easy to see information from different sources — such as personal and professional calendars, contacts and e-mail — in a unified way.
And unlike the iPhone, the Pre features a slide-out keyboard for heavy users of e-mail, texting and Web services such as Twitter.
http://www.blnz.com/news/2009/05/19/Save_Palm_Some_Critics_Rave_wded.html
Beautiful run - missed it :(
Link is in your penge box. Let me know if you need a referral. Have a good evening... :)
No, not that lucky at this moment... maybe completing GTU and I'll move to Seoul :)
From my favorite financial consultant - Moise Levi
http://gicharts.blogspot.com/
Kospi, South Korea Seoul index ; uptrend intact since mid March ; facing heavy resistance @ 1425 levels (call this your "A" level), expecting a sideway trade next week.
ROFL... I meant his Kinko charts :)
Hmm... who am I? LOL If you're referring to Ethan, he's my FX prof and he is hott :)
S&P Report (section):
-- Net sales increased 19.1% to $63.6 million --
True Religion Apparel Reports 2009 First Quarter Financial Results
VERNON, Calif.--(BUSINESS WIRE)--May. 5, 2009-- True Religion Apparel, Inc. (Nasdaq:TRLG) today announced financial results for the first quarter ended March 31, 2009.
First Quarter 2009 Financial Results
Total net sales were $63.6 million, an increase of 19.1% from $53.4 million in the first quarter of 2008.
Net sales for the Company’s U.S. wholesale segment decreased 11.0% to $28.9 million from $32.5 million in the prior year period.
Net sales for the Company’s consumer direct segment, which includes the Company’s branded retail stores and e-commerce site, increased 95.8% to $23.1 million from $11.8 million in the prior year period. The Company operated 49 branded stores as of March 31, 2009, compared to 18 as of March 31, 2008.
Net sales for the Company’s international segment increased 26.0% to $11.2 million from $8.9 million in the prior year period.
First quarter 2009 net sales included $0.4 million of licensing revenue.
Gross profit was $38.7 million, or 60.9% of net sales, compared to $30.5 million, or 57.1% of net sales, in the first quarter of 2008. The overall improvement in gross margin was due to the ongoing segment mix shift toward the Company’s higher-margin consumer direct business.
Selling, general and administrative (“SG&A”) expense increased 34.1% to $25.7 million from $19.1 million in the prior year period, and as a percentage of sales, increased 450 basis points to 40.3% from 35.8% in the same period a year ago. The year-over-year growth in SG&A expenses was driven by the increased investment in infrastructure to support the Company’s growth plans, including the expansion of its consumer direct and international businesses. The increase in SG&A expenses was partially offset by a decrease in share-based compensation expense.
Operating income increased 15.0% to $13.1 million, or 20.5% of net sales, from $11.4 million, or 21.2% of net sales, in the 2008 first quarter. The year-over-year reduction in operating margin was primarily driven by the decrease in the Company’s consumer direct operating margin.
The effective tax rate for the quarter was 41.7%. In the first quarter 2009, the Company revised its state income tax apportionment factors for 2004 through 2008, the cumulative impact of which resulted in approximately $540,000 in incremental taxes that were recorded in the quarter. The Company expects an effective tax rate of 37.7% for the remaining quarters in 2009 with an effective tax rate of 38.5% for the full year of 2009.
Net income increased 9.8% to $7.6 million, or $0.32 per diluted share based on weighted average shares outstanding of 24.0 million, from $6.9 million, or $0.29 per diluted share based on weighted average shares outstanding of 24.1 million, in the 2008 first quarter.
http://phx.corporate-ir.net/phoenix.zhtml?c=140884&p=irol-newsArticle_print&ID=1284566&highlight=
My favorite jeans *:)
LOL, I highly doubt it but thanks. Maybe I can reach Dharma, if not, I'll take an alternative route... :)
For you:
http://eng.krx.co.kr/index.html (pdf file)
LOL... I did but my form fell apart towards the end.
Foreign lawsuits carry no weight so don’t even try it? But they really need a new set of translators :)
You sound like someone I know :)
Yoga X is up tonight. I'll come back and add my testimony if I survive it :)
Did you catch this:
Disclaimer : This English version of explanatory material on KRX short-selling rules may be used only for reference
purposes. This is not an official guideline to original Korean version of relevant rules and regulations as well as
relevant laws.. Certain parts of the description on relevant rules, regulation, and laws in this document may have
been edited to accommodate differences in writing style and expression between English and Korean. In cases where
any differences occur between this English explanation and the original (Korean) rules, regulation, and laws, the
original rules, regulation, and laws shall prevail. Korea Exchange shall accept no responsibility or liability for
damage or loss caused by any error, inaccuracy, or misunderstanding with regard to this material.
Contact : Joong-suk Han
+82 2 3774 8595
hanjs@krx.co.kr
Take a look at the govt's goal(foreign inv campaign), portfolio nah...
Hmmm... it would be fun but you don't want me as a mod. I don't believe in censorship but full background check is a requirement :)
OMG I actually thought I was in pretty good shape until 5 mins into Kenpo X... addicted and in total pain :) Yoga X haesu?
No BS, no deflation, no enhancement – just straight up… nice post Titan :)
LOL.. go BEE! Pass 1.80 then 2.06…
Fin numbers are quite weak but the PRE is giving us some good gains :) I’m hoping when PRE hits the market, it will change the dynamics of the co.
http://www.finviz.com/quote.ashx?t=palm
Fight team sooni!LOL KF and EWY have no choice but to advance...they promised, right?
I’m good but P90X is on hold for now :(
Buffettologist:
http://www.buffettologist.com/
2009 Best Overall Investor Relations:
http://www.thecrossbordergroup.com/pages/1109/Award+winners.stm
Won Jumps 1,300 Barrier Against the Dollar
The Korean won soared W58 against the U.S. dollar on Thursday to regain the 1,200 level for the first time in four months. Large foreign purchases of Korean stocks, the March current account surplus and an extension of maturity for GM Daewoo forward exchange contracts contributed to the jump.
The won finished trading on Thursday at W1,282 against the dollar, down W58.7 compared to Wednesday, hitting the highest point since Dec. 30 of last year, when the Korean currency closed at W1,259.5. It was the first time since Jan. 7 (W1,292.5) of this year that the won finished below the W1,300 level against the dollar. It was also the largest increase in the value of the won since Oct. 30 of last year, when the Korean currency strengthened W177 following the signing of a currency swap agreement with the United States.
Not all currency pundits were convinced the trend will last. Chang Jae-chul of the Samsung Economic Research Institute said the won could strengthen to the W1,100 level in the second half of this year if the global economy recovers, but Lee Jin-woo of NH Futures said the won's direction is heavily contingent on the stock market and could weaken to the W1,300 level once the KOSPI turns bearish again.
englishnews@chosun.com / May 01, 2009 11:05 KST
http://english.chosun.com/site/data/html_dir/2009/05/01/2009050100668.html
Watching closely :)
http://finance.yahoo.com/news/Taiwan-Rallies-On-Improved-ibd-15095499.html?.v=1
*Thanks Moise
52 Week High - 11.23 :)
But I give them credit for consistency and punctuality to their shifts...LOL
Come back Harleyboy... take a look at the pretty candle :)...
AH 1.77 :)
Titan, you are pretty cool in my book :)
We thought you would be interested in the below press release.
Best regards, David Pasquale(phone: +1-914-337-8801, dpasquale@globalirpartners.com)
ChipMOS SCHEDULES FIRST QUARTER 2009 FINANCIAL RESULTS CONFERENCE CALL
Hsinchu, Taiwan, April 28, 2009 - ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (Nasdaq: IMOS) today announced that it will hold a conference call with investors and analysts at 7:00 PM ET on Wednesday, May 13, 2009 (7:00 AM Taiwan time, Thursday, May 14, 2009) to discuss its first quarter 2009 financial results and management's outlook for the second quarter 2009.
The news release announcing the first quarter 2009 results will be disseminated after the NASDAQ market closes on May 13, 2009.
The conference call will be webcast on the investor relations section of ChipMOS' website at www.chipmos.com or may be accessed by dialing +1-201-689-8562.The playback will be available 2 hours after the conclusion of the conference call and will be accessible by dialing +1-201-612-7415. The account number to access the replay is 3055 and the confirmation ID number is 321726.
About ChipMOS TECHNOLOGIES (Bermuda) LTD.:
ChipMOS (http://www.chipmos.com/) is a leading independent provider of semiconductor testing and assembly services to customers in Taiwan, Japan, and the U.S. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide testing and assembly services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.
Forward-Looking Statements
Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.
Alpha Hedge Fund 100 top 10
Posted: 25 Apr 2009 01:39 AM PDT
"Alpha’s" Hedge Fund 100 Top 10
Rank Firm Total Capital ($ millions)
1 Bridgewater Associates 38,600
2 JPMorgan Asset Management 32,893
3 Paulson & Co. 29,000
4 D.E. Shaw & Co. 28,600
5 Brevan Howard Asset Management 26,840
6 Man Investments 24,400
7 Och-Ziff Capital Management Group 22,100
8 Soros Fund Management 21,000
9 Goldman Sachs Asset Management 20,585
10 Farallon Capital Management 20,000
10 Renaissance Technologies Corp. 20,000
To view the complete rankings for the Hedge Fund 100, visit www.alphamagazine.com
*Thanks Alpha Global Investors :)
I am not bashing? Why not? You should be w/30k invested and your predicted rapid ROI looks weaker day after day. And in regards to trust, don’t… no one cares if you go under.
If you want, you can piggyback my call to SM sometime next week.
LOL. I wish it was true :) Thanks for the report.
LOL. Is that good or bad? R/R - what do you know that I don't? :)
Westgate Capital Founder Indicted
by Paula Schaap ,Senior Reporter , April 24, 2009
Westgate Capital founder James Nicholson, 42, was indicted Thursday for a hedge fund fraud that prosecutors allege lost investors about $150 million.
The U.S. Attorney for New York charged that, starting in 2004, Nicholson hid losses from his investors. Nicholson’s independent auditor also turned out to be pure fiction, prosecutors charged.
Nicholson plans to plead not guilty to the charges at his arraignment Monday, according to his attorney, Erika McDaniel Edwards.
Since his arrest in February, Nicholson has been in jail, unable to meet the $10 million bail set for his release.
Ironically, it was the biggest fraud of the decade that proved Nicholson’s undoing. After Bernard Madoff’s $65 billion Ponzi scheme was revealed, Westgate investors began trying to pull their money out. Nicholson issued about $5 million in checks but they bounced, the U.S. Attorney claimed.
If convicted, Nicholson faces up to 30 years in prison and a fine of $5 million.
http://www.hedgefund.net/publicnews/default.aspx?story=9990
Algorithm w/FFA for FX is not bad.