Sun, 13 Mar 2005

New Mattress is Alright

After a couple weeks on the new mattress, I decided that I like it. I no longer feel like I'm sinking into the mattress, and while I sleep on my side and stomach, it is very comfortable when lying on my back too. So, the Novafoam mattress gets a thumbs up.

misc | Permanent Link

Smith Barney is Silly

After Apple's recent run up to almost $70 a share (over 10% since I sold half my shares 10 days ago), Smith Barney downgrades AAPL to hold, advises selling, and at the same time, increases their 12-month target to $75.

"Despite the fact that we are raising our target multiple on calendar 2006 operating earnings this morning from 26 times to 29 times, we cannot justify more than a $75 fair value in 12 months. And while this suggests another 10% upside from current levels, we can no longer recommend that medium- to long-term investors place new money into the shares," the brokerage wrote.

The downgrade occured today when the stock opened at 66.13. A 13% increase within 12 months seems like a good investment. So what should investors do, Smith Barney? Hold, sell, or buy this undervalued stock?

business | Permanent Link

Getting a Toll-Free Number

We're getting business cards printed for Postica so we decided to get a toll-free number to put on them. It will be good to have on the web site too, since we currently just have our support email address.

A search on Google for 800 number or toll-free number brings up a ton of ads. We went with GotVMail because the price is good and we were able to sign up online in about 10 minutes. We didn't have to talk to a salesperson or fax any forms like other companies require. We're paying $9.95/month plus 7.4 cents/minute. If we start getting a lot of calls, we can start buying blocks of minutes for about 5 cents/minute.

business | Permanent Link

The state is that great fiction by which everyone tries to live at the expense of everyone else. - Frederic Bastiat