Moon Kil Woong
Moon Kil Woong
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Amazon: More Problems Than We Thought? [View article]
No Android Tablet Has More Than 5% Share Vs. iPad [View article]
Readers Gone Wild: Evaluating the Prospects of Amazon.com, Barnes & Noble Tablets [View article]
I agree with Rocco Pendoola that Amazon is the smart money to bet on for online movies. What a discount compared to Netflix, lol. The fact people can't even compare the two shows the fertile valuation upside Amazon has and downside Netflix is flirting with come 2012.
Best Buy: It Still Hasn't Solved the Internet Challenge [View article]
Their conference call does not show a genuine understanding of the problems and a distinct lack of focus on why their business office sales are rotten.
Housing Sinks Stocks, Dow at 6-Week Low [View article]
Global Economic Concerns Sink Stocks, Send Major Averages to New 2010 Lows [View article]
If they want short term loans they can turn to the discount window. If they want mortgage loan income they turn to Fannie and Freddie Mac. If they want fixed income they turn to US Treasuries. If they want to dump or backstop their other loans they turn to the Federal Reserve. There is no real need for them to make a decision anymore. And if there is, they ask their prop traders to make them. I wouldn't be surprised to see a US version of Nick Leeson in the next 10 years.