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| Wednesday Oct 25, 2006
A river of no returnsTaipan Group's Dynamic Market AlertBy J. Christoph Amberger---------------------------- 100% correct for 60 years, the Dow Theory now screams buy! Dow 16,000! Theory, we are in the first stage of the next great bull run! -------------------------
A river of no returnsby J. Christoph Amberger Amazon.com, Inc. used to be the poster boy of the Internet bubble. Permabears who predicted that the “Internet thing ” was a passing fad as far back as 1995 used to call it the “river of no returns. ” By now, even the grouchiest bears have to admit that the Internet did do wonders for disseminating the dyspeptic message to a large, unsuspecting and global public. I ’ve heard it through the grapevine that in the big picture of book publishing, Amazon and its sales rankings have become important for publishers to artificially manufacture bestseller status for a book that would have normally found just a few hundred readers. But AMZN is generating returns all by itself now. Despite a drop in operating cash flow, net sales increased 24% to $2.31 billion in the third quarter, compared with $1.86 billion in third quarter 2005. Excluding year-over-year changes in foreign exchange rates, net sales were up 23% compared with third quarter 2005. Net income was $19 million for Q3, or 5 cents per diluted share, compared with net income of $30 million, or 7 cents per diluted share in third quarter 2005. Amazon is expecting a whopper of a Christmas season. -- Housing continues to decline. The pace of existing home sales fell for the sixth straight month in September. Compared to last year, average U.S. home prices are down 2.2% to $220,000. Still, there are positive signs. A 2.2% drop in average sales prices is only bad news if you happened to buy a new home in the last 12 months. If you ’ve been holding your property for at least 18 months, you ’re still up double-digit percentages. And inventories are moving down, 2.4% to be specific, to a 7.3-month supply. In fact, at our Taipan Group editorial roundtable today, WaveStrength oracle Adam Lass announced that he is bargain hunting for real estate-related companies.
TAIPAN TIDINGS $1.80 Hybrid Railroad Stock Set to Gain 145% by November 27 This $1.80 stock will be the first to successfully use hybrid technology on the $79 billion railroad industry, cutting air emissions by 90% and potentially saving the United States $1.4 billion in fuel per year! I ’m so confident in this stock, I ’m putting my money where my mouth is: You ’ll gain 145% by November 27 or your subscription is on the house. Earnings Announcements Thursday, October 26, 2006 Brought to you by http://www.AmericanCapitalist.net
Brought to you by http://www.gressor.com
Upgrades and Downgrades Getty Images downgraded by JP Morgan (Overweight to Neutral), by Soleil (Buy to Hold) and by Thomas Weisel (Outperform to Peer Perform). Genesis Microchip downgraded by CIBC World Markets (Sector Perform to Sector Underperform) and by Roth Capital (from Buy to Hold). Time Warner downgraded by Matrix Research from Strong Buy to Buy. Administaff upgraded by Matrix Research from Hold to Buy. Buffalo Wild Wings upgraded by RBC Capital Markets from Sector Perform to Outperform. Jetblue Airways upgraded by JP Morgan from Underweight to Neutral.
Quote of the Day: “O.J. Simpson is writing a novel. Things are going good so far. He ’s agreed to meet at a Barnes and Noble for a book stabbing. “ - Conan O ’Brien, Oct. 23, 2006
P.S. Your Future Wealth Is in Danger! Right now, after seven years, one of the safest investments you can buy is ready to rebound for steady, wealth-protecting gains in the next 12 months! If you are interested in safeguarding your wealth, read here to find out how this one stock could do just that.
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