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| Members present: Brian, Bickford, Yousef (slightly pixilated--it's been a long week) |
We talked a bit about the continuing Europe fiasco, in particular Greece. We wondered if things were really getting better. Unemployment is still high, but the good news is the nation is further away from impending bankruptcy. Then there's Spain, so the big question is when does Germany kick everyone else out of the Eurozone.
In other news, Barnes and Noble stock is rocking now. The bookseller ticked up a few notches on the news that Microsoft was investing heavily in the Nook. One possible reason is to get in on the textbook market.
*There is an advantage to this, since you don't have to lug around heavy bricks of information. The downside is you can't resell the data. This is the model that the video game industryis moving toward (Steam, downloadable content), and to a certain extent films (via Netflix) and music (via iTunes).
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| SPY: Trucking along still. Hopefully the recent disappointing jobs report won't stop the progress. |
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| AT&T: Looking good.
Then there's ENZL, the New Zealand fund we have been thinking about may be a good buy. Next week we will decide if it is a good investment.
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