Replies to post #216048 on Zeev's Turnips Patch-No Politics (ZEEV)

[Softechie]

TTTTIIIMMMMMMMMMBBBBBBBBBBBEEEEEEEEEERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR!!!!

[gtober]

no clue there. they had a big earnings miss, but i wouldn't have thought it was worth 1/4 of the company.

GT

[JustTradeEm]

New high in the VIX, quite a spike the final hour !! J

[marketmaven]

Zeev- there are lots of reasons to be bearish
* record consumer and margin debt
* asset bubbles
* Roach's comment on Fed lock- can't raise (?) can't lower
* CA deficit nearly $700B, understated by taking Iraq and Afgh off the budget
* GSE crisis- will or will not the Fed bail them
* Record trade deficit- another $500B drain
* Coming crisis in Asia as Taiwan votes for independence on 14 March and now we agreed to sell them Aegis cruisers
* Rising terrorism and assassination risks in Pakistan, Iraq and Afghanistan
* Banking crisis in China- poor IPO activity pointing to problems there
* Unemployment rates of 12% in Germany,rising in France & Italy
- any one of these could send the market down 300 points in a heartbeat if they break IMTO

[GAB]

IDCC did not make 4th qtr estimate of .07. Earnings were .02, and revenues were lighter than expected due to timing of licensees reporting of sales. Also, they announced that the arbitration hearings with Nokia would not conclude until January 05. Analysts expected some resolution of this issue later this summer.