…is horrific news for Alcatel-Lucent (ADR) [[ALU]] , barring a takeover attempt on the little French networking giant. A merger between Starent Networks Corp. [[STAR]] and Cisco Systems, Inc. [[CSCO]] is beyond synergistic. It is an exercise is corporate harmony. Together, both STAR and CSCO will gallop around, like little school girls, conquering the core router market, with an emphasis on destroying ALU.
At this stage, [[ERIC]] and Alcatel-Lucent (ADR) [[ALU]] should just merge. Get it over with. Or, better yet, they should make a competing bid for Starent Networks Corp. [[STAR]] . However, they will not win, since they suck and Cisco Systems, Inc. [[CSCO]] is God.
As an aside, our wonderful friends from China intend to cut taxes on steel makers—by year end. This is HUGE news for the steel industry, as it will lead to consolidate and eventual margin expansion. Without a doubt, this bodes well for POSCO (ADR) [[PKX]] , [[GSI]] , Aluminum Corp. of China Limited (ADR) [[ACH]] and every other steel producer in the world, since the global market is one big orgy of steel loving hillbillies.
Naturally, I am quite upset and I am trying to talk about other things, missing out on the CSCO for STAR merger. However, I am not obsessing over it, in any shape, form or manner—nor would I ever use “non-corporate” language to describe my dismay. I sold too early, trying to be cute. That’s all.
Based upon the worldly advice from the cigar smoking shadow near my favorite urinal, I like TriQuint Semiconductor [[TQNT]] , TEKELEC [[TKLC]] , Ceragon Networks Ltd. [[CRNT]] , Aruba Networks, Inc. [[ARUN]] , ADTRAN, Inc. [[ADTN]] and Akamai Technologies, Inc. [[AKAM]] , especially thanks to the STAR for CSCO merger (I swear, I am not obsessing).
Separately, I like DryShips Inc. [[DRYS]] , POSCO (ADR) [[PKX]] and General Cable Corporation [[BGC]] , for gut-cheque [sic] reasons.
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I know ACH is alum.
Look asshole, “I know ACH is alum.”
fig
Fly does the winship the banking of egregious coin….the kicking old fuckers down stairs….EVER GET BORING?
it does
lol.
Not to mention the “turf toe,” better known in this game as “wheelchair back toe.”
___________
New placards have been ordered for your nearest elevator lobby that read, “IN CASE OF FIRE, USE OLD MEN IN WHEELCHAIRS.”
Star was your baby that you defended as the the core of your 4G thesis and now its fucking gone!
Its a sad day indeed
Fly, I feel your frustration after I sold Star at yesterday’s close to book some gains. Gives new meaning to “…like a diamond in the sky” when singing to the kids.
I sold DRYS last week, that’s the way it goes sometimes.
Homies look good but I guess everything depends on INTC in AH. Starting to see a possible good news is bad news for a stock price (See JNJ,AA).
Just back from Miami where it was 94 degrees and sunny. I carried clubs (read aching back) for my kid who missed getting into the Nationwide Miccosukee Indian tournament this week ($100,000 for first) by one stinkn’ stroke. He shot 4 under and was one of the low scores in the AM and then the wind died down for the afternoon tee times. I was going to wear “IBankCoin” on my hat for the TV this weekend if he got in.
Now it’s a Hooters tournament next week. No TV but good wings.
Hooters has wings?
Hooters has flaps.
Can I solicit an opinion on AIRV?
Illiquid.
_
STLD for Steel?
pkx
Will PUDA participate?
thank for the info on the steel companies, I had bought some AKS and it’s seeing some pin action from that move, and assures that maybe it will go higher.
TY Jake but I’ll take a spread of .3% anyday……not a problem for us little folk.
A huge THANKS to the Fly for directing my attention to STAR, my biggest gainer of the year. I will be returning to the warmer climes of Thailand next week and have called the losers at Thai Airways to upgrade to FLY class where the nice ladies call me by name and don’t weigh my bags.
If you refer to the same thing as ‘little’ and ‘giant’ in the same sentence, do they cancel each other out, meaning it’s ‘pear-shaped’?
Oh, and “gut-cheque”? Fly, I have NEVER/EVER seen an American spell it ‘cheque’, they ALWAYS spell it ‘Check’, no matter what the context, belly inspection related, or employee payment…
Admit it, Mr. Fly: you sir, are a Canadian.
FLY, What is your source or link to China cutting taxes to the Steel Manuf…..IMHO China has been trying to cut production due to an OVER supply…not increase it. Thanks.
Fly .. and how bout the metallurgical coal stocks like PUDA?
Just one source from Steel Guru….http://www.steelguru.com/news/index/2009/10/13/MTE1ODYy/Chinese_steel_players_at_cross_roads_despite_strong_demand.html