Peridot Capitalist

This is just one of the market valuations that I have not understood in the past (and still do not at the present). Amazon is one of my favorite companies and I buy stuff on the site all of the time. My caution on the stock in recent years (due to a sky high valuation) [...]

Nearly two years ago I wrote about internet search giant Google (GOOG) seeing its stock price surpass $700 per share, and as a result, become the fifth most valuable U.S. company in terms of equity market value. Shortly thereafter the recession hit and Google shares tumbled with everything else. The stock is making a comeback [...]

There are several reasons I typically ignore Wall Street analyst calls. The most compelling is the fact that sell side recommendations over the long term have been shown to underperform the market with above average volatility. Those are lose-lose metrics for investors.
Such poor performance is largely attributable to analysts being backward looking when they make [...]

Eighteen months ago Yahoo (YHOO) management rejected a $33 per share, $47.5 billion cash takeover offer from Microsoft (MSFT). Today the two companies have announced a search partnership that makes Microsoft’s Bing the default search engine on Yahoo and gives Yahoo no cash upfront for the privilege. This story is likely one of the worst [...]

Time Warner (TWX) has long been a media conglomerate difficult for investors to dissect. However, that may be about to change and the moves could finally extract some value for Time Warner shareholders. The company will complete its spin-off of Time Warner Cable at the end of the month, which offloads billions of debt to [...]

In November of 2004 I wrote a piece entitled “Sleepless in Seattle” which postulated that shares of Starbucks (SBUX) were trading at such a high valuation (forward P/E of 48) that even if the company grew handsomely over the following few years, the stock’s performance was likely to be unimpressive. I projected an aggressive three-year [...]

The announcement from Google (GOOG) yesterday that it has released a beta version of a new web browser called Chrome has gotten a lot of attention, but shareholders like myself aren’t overly enthused. Once again it appears that Google is more about coming out with new free products than it is about its earnings or [...]

This blog has been rather quiet recently, but things should pick up shortly. I am in the process of relocating and other things have limited my time lately.
This Microsoft (MSFT), Yahoo (YHOO) story just can’t get any more interesting. Now that MSFT has walked, what can we expect? Well, YHOO’s management team looks like fools, [...]

Sports-related ads on Yahoo’s sports pages? Sounds reasonable, but evidently there is a diabetes connection to baseball I am unaware of. Something tells me Google would serve up more relevant ads…

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So much for Steve Ballmer’s attempt to get a Yahoo (YHOO), Microsoft (MSFT) deal done more quickly by making threats. Now it looks like Yahoo is really serious about fighting back (or they’re just pissed).
This afternoon we learned that Yahoo is going to use search advertising technology from Google (GOOG) on its own site for [...]