Wednesday, March 26, 2008

Today's Thoughts/Good Article

-The market isn't liking the news today. The Clear Channel trouble definitely affects confidence.

-I like Motorola getting proactive to save the company. Carl Icahn, like him or not, does get companies into motion. This will be a tough one, but they appear to be heading in the right direction.

-The downgrades and earnings estimate revisions continue on the financial stocks. Q1 earnings will be interesting.

-I read a great opinion article by Michael Lewis today. It explains the problems that Wall Street CEO's face in having to allow risky practices in order to stay competitive. What he's saying makes a lot of sense. Take a look at it here.

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