notablecalls@gmail.com

Tuesday, March 04, 2008

Early Morning Tidbits:

- Goldman Sachs is adding Royal Carribbean Cruises (NYSE:RCL) to their Conviction Buy List with a $45 tgt. (more on this later - should be a good mover).

- Most firms are out defending Intel (NASDAQ:INTC) this morning. I'm still kicking myself for not highlighting that cautious heads up call from BofA yesterday morning saying Intel's NAND business may cause some EPS headwinds. Must say I don't see this as a warning at all. More of a reaffirm that CPU business is doing fine.

- BofA is out with call saying the next meaningful date in the Microsoft/Yahoo! saga will be March 14th, which is MSFT's deadline to nominate a slate of directors. While they believe Microsoft will likely nominate directors on this date, they ultimately expect MSFT to try and resolve the deal through a friendly negotiation, with a deal in the low $30 range the most likely outcome.

No comments:

Post a Comment