Michael Trager

Covering all the Angles on Wall Street.

Latest from Michael Trager

Social Media Valuations Frothy As LinkedIn IPO Approaches

As the impending IPO for LinkedIn, whose shares will be traded under the ticker symbol LNKD on the New York Stock Exchange beginning tomorrow, May 19, approaches, further signs of bubble-like valuations in the privately traded shares of social media outfits such as Facebook, Zynga, Twitter, and Groupon, accumulate. An item in today’s Wall Street ...

Dell Profit, Margins Up

In contrast to Hewlett Packards’s (ticker HPQ) recently reported financial results, things are looking up for Dell (ticker DELL). The financial results for their most recent fiscal quarter were announced yesterday and show marked improvement over recent quarters as net profit nearly tripled over their year ago quarter as the computer maker benefited from favorable ...

China – Linked IPOs Fade

Recent posts have commented upon rising investor concerns about transparency and accuracy in the financial reporting and corporate governance activities of Chinese companies, even those whose stock trades on public U.S. stock exchanges. An item in today’s Wall Street Journal (wsj.com) relates how this concern, among other considerations, is affecting share prices of recent China ...

Google Grows Up, Sells Bonds

In a sign of its growing financial maturity and clout, an item in today’s edition of Bloomberg (bloomberg.com) reports that Google (ticker GOOG) has successfully completed its first foray into the bond market with a $3 billion sale to pay back short-term borrowings at relative yields comparable to companies with the highest credit ratings, tapping ...

Yahoo – Alibaba Rift Widens

Recent posts have commented on the developing rift between Yahoo (ticker symbol YHOO) and Alibaba, the Chinese e-commerce outfit in which Yahoo holds an approximate 40% stake, due to the spin off of Alibaba’s online payment unit by Alibaba last August, 2010, without informing the shareholders or even the board of directors of Alibaba. An ...

RIM Recalls Defective Playbooks

Off to a quite inauspicious start, Research In Motion Ltd. (ticker symbol RIMM) said it is recalling about 1,000 BlackBerry PlayBook tablets because of a software glitch a month after the device went on sale, a setback for the company as it tries to win sales from Apple Inc. (AAPL)’s iPad. The recalled tablets have ...

Week In Review – May 14, 2011

There are certain trends or threads which seem to me to be running through the technology news and markets currently, but perhaps that’s just due to the tint of the glasses through which I view the world. There is a lot of activity in the financial markets, both public and private, pertaining to technology and ...

EMC, VMWare Resist Market Downdraft

On the heels of the conclusion of the recent successful EMC World 2011 conference held in Las Vegas this past week, and all of the innovations and business and technology alliances that were revealed during the course of the conference, the stock prices of both EMC (ticker EMC) and VMWare (VMW) are showing remarkable resistance ...

Yahoo-Alibaba Rift?

In another sign of the concern over the apparent lack of transparency surrounding the financial and operations reporting of Chinese companies, even those whose shares trade on U.S. public stock exchanges, today’s Wall Street Journal (wsj.com) reports news of a dispute between Yahoo (ticker symbol YHOO) and Chinese e-commerce firm Alibaba Group Holding, of which ...

Rambus Acquires Security Outfit

An item in the wall Street Journal (wsj.com) reports that Rambus (ticker symbol RMBS), a Silicon Valley chip company known for memory technology, is seeking to branch out in other directions via its acquisition of a small computer security company. Cryptography Research, a closely held company based in San Francisco, develops technology that is typically ...