yahoo.com
23-Jul-2008
As leveraged assets go down in value, the leverage multiples go up. Adding to that multiple is the falling dollar and the fact that these assets are in reality debt deposits, not cash deposits, that were passed on in different forms to be leveraged over and over. Qualcomm Sending Strong Signal Advanced Energy, Amdocs, Baidu.com, Citrix, F5, Mellanox, MEMC, Netgear, Omniture, Qualcomm, Teradyne We're still seeing some harsh treatment for the vast majority of tech shares in post-reporting action. However, a few seem to have had poor/muted numbers or are fully priced-in. Yahoo : Bucked the selling, but I think that's due to hopes and dreams of yet another bid. As I stated yesterday, I felt it was priced to miss, but I was actually wanting more of a reaction in either direction. Either take them into the teens so I can get...
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