TOP TEN
The week's top news and analysis, Oct. 16-20
THE WEEK'S TOP NEWS AND ANALYSIS
By MarketWatch

http://tinyurl.com/yj2p6b

The $100,000 stock: Berkshire Hathaway still soars
Share price of Buffett's company nears venerable chairman's annual pay
By Russ Britt, MarketWatch
Last Update: 7:01 AM ET Oct 21, 2006

http://tinyurl.com/y9vsgb

Building a 'Googley' Workforce
Corporate Culture Breeds Innovation
By Sara Kehaulani Goo
Washington Post Staff Writer

http://tinyurl.com/sulpo

GOOGLE - Is this the coming of the would be "Microsoft Killer" long foretold in legendary fables?

Excellent interview with David Levy:

http://welling.weedenco.com/html/0819_LI_Levy.pdf

Oil prices fall to 11-month low

AP/PTI / New York October 21, 2006

http://www.business-standard.com/common/storypage_c_online.php?leftnm=11&bKeyFlag=IN&autono=16616

More fuel to move stocks higher??

http://www.minyanville.com/articles/index.php?a=11467

Maybe this move won't quit until people stop trying to short it, cover it, hedge it???

YouTube erases 29,549 clips on Japan media demand

http://today.reuters.com/news/articlenews.aspx?type=internetNews&storyid=2006-10-20T105130Z_01_T165986_RTRUKOC_0_US-INTERNET-JAPAN-YOUTUBE.xml&src=rss&rpc=22

Andy

When reading the above I saw a link to this.
New trend? Reinforced by worries of over supply from last bubble?

Video-hungry users could push Net to brink: Nortel
http://today.reuters.com/news/articlenews.aspx?type=internetNews&storyID=2006-10-20T134253Z_01_N19443767_RTRUKOC_0_US-NORTEL.xml&WTmodLoc=NewsArt-L3-Internet+NewsNews-4

What inpact will this have on the "Incometrustification" (my new term) of the Canadian telecom market?

Andy

Re: Incometrustification

nice term... pretty much sums up the sad state of affairs in the Canadian capital markets.

Bay Street and the 'Managers' of so many Canadian corporations have cashed out - choosing short-term greed over 'growth' and any future prospects. The rest cashed out to whichever 'foreign' interest came calling with the most money. Shameful and lazy.

Whats left? 5 banks, 2 insurers, a handful of Oil Sands co's, few mid size metal co's and penny stocks.

The TSX is a dead horse - I have been shorting this index on everyone bounce back.

It's only hope is stagflation or political problems to get the interest in gold and oil going again.

FED prints money - gives it to GS - they trade assets up (or down) - do the Fed's bidding - simple as that... can't fight that - as goes GS goes the market???

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"At the same time came eye-popping earnings from Goldman Sachs (GS). If one looks inside those numbers an area of great profits came from trading. And profits there come from “program trading operations. I've been pointing this out for months now. Remember Goldman Sachs is a primary dealer and benefits greatly from strategic liquidity injections from the Fed. What they do with those monies is to trade like hell.

It isn't a conspiracy. It's just the primary dealers taking what the government gives them. It's in the Fed's interest to keep investors happy so they know when to strategically conduct Open Market Operations. Goldman Sachs wants its customers to be happy too, and they have their own investments that benefit as share prices rise."

More on Shareholder Rights:

http://www.latimes.com/business/la-fi-cox22oct22,0,3702055.story?track=tothtml