Last week, Craig Mathias wrote a piece on 802.21, a convergence standard promoted by the likes of InterDigital (IDCC) and Intel (INTC). The people at 9to5 Mac immediately saw the iPhone connection, and hatched what I thought was a highly speculative story. That Apple (AAPL) will push this yet official standard to include WiMAX into its impending 3G iPhone, based on convenient interpretation of a series of events, is the work of a very creative mind.

For the uninitiated, 802.21 is one of the various standards being promoted for convergence. So, if the infrastructure is in place, devices using this standard will perform ‘vertical’ handovers across the standards such as WiFi, WiMAX and 3G.

As recently reported on CFO.com and elsewhere over the last few months, the subprime crisis exposed some fatal flaws in the market. The first was the assumption that securities could always be sold and converted to cash. Obviously, this was not the case, making the prices of derivatives based on these assets also difficult to value. This, of course, further exposed the second major flaw - that of companies overlooking and not properly understanding their exposure to downside risk.

Of course, if Allstate, State Farm, or other property and casualty insurance companies can manage their risk, why can't the banks? In general, counterparty risk for financial assets is much different than the risk normally taken and managed by the large liability insurance companies.

Recap of CNBC's Fast Money, Thursday May 1. Click on a stock ticker for more analysis.

Aubrey McClendon CEO Chesapeake Energy (CHK) McClendon said his company trades at a discount and he is an aggressive buyer of CHK stock. He predicted the stock price could double and said the company is not hurt by volatility in commodities because it is hedges against downside risk in the price of natural gas. Since he has a large stake in his company, he is unwilling to stop hedging.

Intel (INTC), Cisco (CSCO), Goldman Sachs (GS), Wachovia (WB), Google (GOOG), Apple (AAPL), Microsoft (MSFT), Financial Select SPDR (XLF)

The six-month trend of commodities outperforming the tech and financial sectors seems to be reversing and Adami thinks investors are leaving commodities. His picks include INTC, GS, CSCO and WB. Macke agrees and would wait for drops to buy. He doesn’t think there is any reason to short financials. He would buy MSFT on upcoming noise about the stock and would wait for XLF to drop another 4% before buying. Najarian thinks tech is accurately valued and has seen some upside from Google and Apple, while financials are currently undervalued.

2008-05-02T06:09:40-04:00 SA Editor Miriam Metzinger

Recap of CNBC's Fast Money, Thursday May 1. Click on a stock ticker for more analysis.

Aubrey McClendon CEO Chesapeake Energy (CHK) McClendon said his company trades at a discount and he is an aggressive buyer of CHK stock. He predicted the stock price could double and said the company is not hurt by volatility in commodities because it is hedges against downside risk in the price of natural gas. Since he has a large stake in his company, he is unwilling to stop hedging.

Intel (INTC), Cisco (CSCO), Goldman Sachs (GS), Wachovia (WB), Google (GOOG), Apple (AAPL), Microsoft (MSFT), Financial Select SPDR (XLF)

The six-month trend of commodities outperforming the tech and financial sectors seems to be reversing and Adami thinks investors are leaving commodities. His picks include INTC, GS, CSCO and WB. Macke agrees and would wait for drops to buy. He doesn’t think there is any reason to short financials. He would buy MSFT on upcoming noise about the stock and would wait for XLF to drop another 4% before buying. Najarian thinks tech is accurately valued and has seen some upside from Google and Apple, while financials are currently undervalued.

Complete Story »

CHK INTC CSCO GS WB GOOG AAPL MSFT XLF COST WMT TIF WSM NILE DOG AXP SA Editor Miriam Metzinger

How We Can Be Better Analysts and Investors

read more

By Jim Wiandt

I'm answering Matt Hougan's call for what we can do to make the flood of information at our fingertips actually make some sense.

2008-05-02T06:09:10-04:00 Index Universe

IndexUniverse submits:

By Jim Wiandt

I'm answering Matt Hougan's call for what we can do to make the flood of information at our fingertips actually make some sense.

Complete Story »

Index Universe

3 China Stocks to Watch as the Olympics Approach

read more

Just as things will heat up for the Summer Games (in ways good and bad), things will similarly heat up for the Chinese small caps. Just in case you haven't realized, a rebound is under way, led by stellar results from various companies' Q1 results. And even for those who have yet to report, bearish sentiments are fading away quite quickly. Just as an example, since I last reported on Universal Travel Group's (UTVG.OB) online gains, the stock is up by more than 40%, over the course of just 5 trading sessions.

Universal Travel Group is certainly a stock that will do well from the Games, benefiting from the confluence of greater spending power and increased travel from both domestic and international tourists. China Yida (CYID.OB) is another, with its world class tourist destination in the Great Golden Lake which, despite it being a little off the beaten path, makes for a great summer getaway.

2008-05-02T06:03:22-04:00 China OTC Player

China OTC Player submits:

Just as things will heat up for the Summer Games (in ways good and bad), things will similarly heat up for the Chinese small caps. Just in case you haven't realized, a rebound is under way, led by stellar results from various companies' Q1 results. And even for those who have yet to report, bearish sentiments are fading away quite quickly. Just as an example, since I last reported on Universal Travel Group's (UTVG.OB) online gains, the stock is up by more than 40%, over the course of just 5 trading sessions.

Universal Travel Group is certainly a stock that will do well from the Games, benefiting from the confluence of greater spending power and increased travel from both domestic and international tourists. China Yida (CYID.OB) is another, with its world class tourist destination in the Great Golden Lake which, despite it being a little off the beaten path, makes for a great summer getaway.

Complete Story »

LEGE.OB UTVG.OB CYID.OB China OTC Player

Raw Data Report: Clothing

read more

Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock selection and valuation process.

Diesel Jeans Selling Better Than Last Month at 57% of Urban Outfitter (URBN) Stores

2008-05-02T06:02:41-04:00 TickerMine

TickerMine submits:

Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock selection and valuation process.

Diesel Jeans Selling Better Than Last Month at 57% of Urban Outfitter (URBN) Stores

Complete Story »

URBN PSUN LIZ RAGS TickerMine

Tech Is Stale, Apple Is Fresh - Cramer's Stop Trading! (5/1/08)

read more

Recap of Jim Cramer’s comments on Stop Trading! Thursday May 1. Click on a stock ticker for more analysis.

Apple (AAPL), Research in Motion (RIMM), Mastercard (MA), Parker Hannifin (PH), Eaton (ETN), CSX (CSX), Union Pacific (UNP): Cramer would be in Apple until the release of the new iPhone, and then sell. As stated in his Mad Money program this week, Cramer believes “old tech” companies are stale and he believes the “new tech” companies are represented by names such as PH, ETN, CSX and UNP which are creating innovative products to conserve energy and solve practical problems. The only two tech stocks Cramer would buy are AAPL and possibly RIMM.

Concerning the economy in general, Cramer said, "I'm seeing money coming in for the first time in a long time. ... Maybe it's the $600 checks, maybe it's the income tax refund.” Cramer said recently a major retailer attributed improved sales to good weather and impulse buying. If this is the case, Cramer would also buy MA."

2008-05-02T05:56:18-04:00 SA Editor Miriam Metzinger

Recap of Jim Cramer’s comments on Stop Trading! Thursday May 1. Click on a stock ticker for more analysis.

Subscribe with an RSS reader Older News Archive Add news to your web site