When today I heard the news of Oracle buying Sun Microsystems, my first thought was that I wished I had picked up some JAVA shares after the IBM deal had fallen through. It was just a matter of time before a suitor would snap it up. My second thought was about its impact on the — Continue reading Β»
Your Favorite Pet Name
A couple of years ago a few sites started collecting answers to a few personal questions. The idea was to strengthen security by integrating a few personal questions to the authentication process. It also would help unlock accounts in case users forgot their passwords. After all the questions were private enough that only the account — Continue reading Β»
Credit Ratings Knocks
Years ago when I was a rookie employee at GE, fresh out of college, I was introduced to GE Interest Plus, offering a checking account with a competitive interest rate. I began saving my money there without realizing that this really wasn't a regular bank account. It wasn't their fault, the fact that they weren't — Continue reading Β»
Circuit City Goodbye
Last week, walking by a Circuit City store at lunch time, I noticed a few people out on the street holding liquidation signs. Tempted, I went inside the store and took a look around the near-empty and dark store with few remaining items collected in the front of store. There were slim pickings and but — Continue reading Β»
GE Below Cisco
Add this to the list of things you thought would never happen. GE's market capitalization of around $80B today is almost the same as those of Apple or Oracle. Itβs less than those of Cisco or Google or IBM. General Electric, the conglomerate blue-chip company that once was known as the most admired with the — Continue reading Β»
Housing Market
The stock market is going through tough times. Look at your battered 401k statement, if you dare, and you'll know how bad things are. Yesterday the DJIA barely hovered above the 7,000 mark. That's a 12-year low and some are still calling for more, a lot more, pain ahead. Short positions are now firmly in — Continue reading Β»