Replies to post #84167 on Billionaire Boys Club Member Forum (BBCMF)

[mick]

Shares of InfoSonics (IFO +44.02%) were en fuego today after the co reported that revenues rose 212%. "We believe our results are due to our business strategy of developing long-term or 'sticky' relationships with our manufacturing and carrier partners based on our leading value-added services. We are continuing to invest in new products and new carrier relationships both domestically and in Latin America. We continue to expand our efforts in sales, logistics, engineering, product management and marketing in order to secure our position in the market. We believe that this additional expertise allows us to offer better solutions to both our current customers and vendor partners."

[mick]

It was a mixed day on Wall Street as Toll Brothers (TOL), a leading homebuilder, cut its 2006 sales forecast and gave investors the heebie-jeebies about the housing sector. On a brighter note, there was a leveraged buyout of Linens N Things (LIN) in a deal worth about $1.3 billion that gave some investors comfort that there is still value to be found outside of the energy sector. Tech stocks were very tranquil today ahead of Cisco Systems (CSCO +.28%) reporting earnings tomorrow.