Replies to post #456511 on Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

Technology:High inventories,weak games & tiered online svcs

Cautious due to rising inventory levels@RBCM

The firm has downgraded FLEX, CLS & JBL to Sector Perform from Outperform and SLR & SANM to Underperform from Sector Perform. The firm recommends taking profits at these levels and notes that their downgrade of JBL is more on valuation and less on their concerns over an inventor build.

MSFT, ATVI, ERTS, TTWO, THQI
Video Games: January NPD total sales $357M vs. $380M estimate@WEDB

WEDB notes that next generation console software was only $93M vs. their $110M estimate, suggesting a slow Xbox 360 adoption. The firm believes Xbox supply issues could continue to be a problem for the industry.

VZ, CMCSA, TWX, GOOG, YHOO, EBAY

Telecom/Internet: expect carriers to push tiered services@AMTR
The continues to believe carriers will push for tiered services and that lawmakers will not be able to maintain net neutrality. Expects tiered services to be positive for VZ, CMCSA, & TWX and negative for GOOG, YHOO, and EBAY.