Casino Capitalism

Interland to Buy Web.com

Interesting news out of Interland this morning. The company is buying Web.com for $4.4 million. I´m "lukewarm" about this acquisition, as explained in more detail below. However, I´m still very bullish on Interland and this acquisition just confirms my thesis that Interland is at the start of a new, aggressive growth period. As explained in my initial write up of Interland, the company is sitting on a mountain of cash, which if invested wisely by the new management can provide a huge return for shareholders.  Now on to a quick analysis of the Web.com acquisition and this use of Interland´s cash.

Balance Sheet Analysis

I believe that the balance sheet is by far the most important financial statement that needs to be analyzed before buying a stock.

Redback (RBAK) Update

Good news out on RedBack (RBAK) this morning. The company is partnering with HP.

Proxymed (PILL) Update

I finally got a chance this weekend to review Proxymed´s latest financials.

Korean Stock Market Casino?

There was an interesting article in Barrons this past weekend, about the Korean stock market.

Internap Network Services (IIP)

In keeping with my Internet infrastructure theme (i.e. RBAK, INLD), I believe that Internap Network Services (IIP) represents a good investment "gamble" at it´s current price of about $0.40 (yes, you read that right 40 cents, but don´t be scared away just yet). The company has low downside risk and significant upside as investor sentiment continues to improve towards Internet infrastructure plays.

Planar Systems (PLNR)

I believe that Planar Systems (PLNR) represents a good investment "gamble" at it´s current price of about $9.50. The company has low downside risk and significant upside should growth resume in the coming year or two.

Two Quick Investment Lessons

In looking at two of my recent losing investments, PILL and TTES, I´ve come up with two quick lessons.

Stem Cell Banking Stocks

Well my #1 pick in the Stem Cell sector, Cryo-Cell (CCEL) keeps flying. I´ve been long this stock for almost a year now. Am I selling yet? Not a chance. I´d look to buy some stock on any dip, as this recent rally appears to be quite different than past rallies which petered out after a couple of days. For some reason, people believe this stock is speculative. Maybe it is because it trades on the bulletin board. But since when is a company that is generating cash, and has over 100,000 clients and growing speculative? So why am I still bullish on CCEL?

Canadian Oil Sands

It is generally a good idea to have a macro-theory or theme behind all your specific investments. At least that is how it seems many of the great investors have made their money, e.g. Buffett in Insurance. When you are riding a strong secular business/industry/economic trend, it is simply a matter of finding the right companies in the strong sector and holding on.