Recently, Apple announced that it will start producing computers with Intel’s (INTC) dual core processors approximately three months earlier than initially expected. Because this news was received earlier than expected, I don’t currently believe that the added benefit to Intel has been fully factored into it’s current trading price of slightly below $26. There have been no major marketing campaings started yet (that I’ve seen anyway) advertising this fact, and suspect that once awareness grows Intel will become more attractive.
I also do not think that the arrangement between Apple and Intel will stay strictly in PCs. I am hoping to see other new exciting devices, possibly hand held media players, enabled with Intel technology in the coming months.
For these reasons, I will be making a buy for INTC tomorrow morning at the opening trading price.
It’s a scam, I know. For now though, it seems to be a well-paying scam. From the $300 I “invested” in 12DailyPro about two weeks ago, I received a StormPay payment last night for $432.
My $300 ended up costing me $310.03 ($300 + $1 donation) + 3% credit card fee. And of the $432 received, $30.50 was taken off as StormPay fees, leaving me $401.50. After all is taken into consideration, I made $91.47 and a gain of 29.5% in about 19 days.
Not too shabby if you ask me. Yes, I know it’s a scam and I’m not sure if I will test my luck with one more round or not. Just remember, it’s all luck. One day soon, 12DailyPro will run with their money. It’s just the nature of the beast.
The way that we watch TV and consume entertainment has changed dramatically from where it used to be only a few years ago. With personal video recorders and downloaded TV shows exploding on the market, consumers have the mindset that they should be able to watch what they want to watch, and they should be able to watch it now.
Video on demand is only starting to reach consumers recently, and primarily through the cable companies. The price of fiber cabling is dropping dramatically, and it is predicted that within 2-3 years the general population will have the option to inexpensively have their home wired with fiber lines. Competition will be fierce between the telephone and cable companies, forcing competitive rates for multiple phone lines, broadband Internet, and video on demand TV all through one fiber channel to the home. Consumers will enjoy a whole new multimedia experience, and be willing to shell out even more than the current average of $200/month on entertainment.
One such company that cought my attention in this growing sector is Harmonic Inc. (HLIT), which is currently a leader in design, manufacture, and sale of digital video systems for transmission of digital video over fiber optic systems and IP networks. If you want to learn more about what they do, check out their website or click here for Yahoo! Financials. I am currently holding a core position in HLIT and am hoping to see some growth in 2006 as VoD really starts to ramp up and enter mainstream.
I have closed my position in SIRF at $31.20 for a nice gain of 25.19%. I have read quite a bit of significant insider selling which prompted the sell — two weeks before the earnigs call makes me a little bit suspitious.
If the stock drops down around the $24-26 range, I will pick it up once again.
I just found out that the person who initially told me about 12DailyPro now has $3000 in it. I’m not so sure if I would do that myself. Heh. Still waiting for my $432 cashout (which should turn into $354 once all the StormPay fees are added up).
It’s from people like him were 12DailyPro will take their money when the doors shut.
About five years ago, in an engineering chemistry class, I had a professor who liked to go on abstracts and talk about the work and research he was doing. The most interesting story that I heard in his class was about the work a colleague of his at Cambridge Display Technology was doing.
His story went something like this: he was visiting his colleague at Cambridge, who was excited to show him something new they were working on. He went into his office, and they shut the door, and cleared off the desk. His colleague then opened a large cardboard tube and pulled out a rolled up sheet of plastic and laid it on his desk.
After pushing a button, the sheet of plastic then lit up and showed a high resolution black and white video. This technology has since evolved into high definition full colour television, paper thin, and can be printed using an ink jet process. OLED displays draw less than half the power required by current LCD technology, do not require a backlight as they are electroluminescent, and are able to display a true black pixel, and will have an infinite contrast ratio. It’s the future. Check out this link for more info on OLED technology.
So, a couple months back I was doing research on my stocks, as I always do, and came across OLED. I freaked out. It was at a little under 5 dollars for Cambridge Display Technology (OLED) — the same company I had this information about. At the time though, I had no more funds left in my Ameritrade account to make a buy and left it for a little while. Since then, the stock has more than doubled with good test result reports. According to the data compiled by the Society for Information Display, by 2008 the world market for OLED display technology could reach up to $8 billion annually.
World OLED market:
2003: $251 million
2004: $408 million
2008: $3 billion - $8 billion
Although it’s a gamble, I’m betting heavily that this new technology will explode within the next 2-3 years as flat panel, high resolution, low power consuming displays start to appear everywhere.
One of the most interesting things I learnt through my eBay experience is that you can sell pretty much anything you like online, including services. Throughout my university days, I would make some extra money by doing web design and web application programming.
The biggest challenge I came across was how to get the word out that I was providing this service. Cold calls worked to a certain extent, however during the days I was usually occupied with class and could maybe work in 2-3 hours of cold calls per week. Of course, this was also only limited to the few businesses in the small university town I was living in at the time for school.
So, I decided to try to sell web design on eBay.
Go search eBay right now for “web design”. You’ll soon see a huge list of design packages appear that others are selling. This isn’t a new idea you’re thinking? Just wait..
The difference between my ads, and my competitiors were I wasn’t selling anything. Think about it. Since when can you “buy” a website as a package. Everything is custom. I only used eBay to advertise myself and nothing more.
Within hours, I was getting calls from across North America asking if I could do changes to this site, redesign that site, could I provide a quote for this, or for that. You get the picture. The best part of all was that none of the transactions I completed as part of this business went through eBay! That means no final value fees!
Since then, I’ve even helped others advertise civil engineering services on eBay. I’m sure you can think of ways to advertise your own business too…
I started this site to document every way I am currently making an income beyond the 9 to 5. I am actively investing mainly in technology stocks, as this is the sector I understand best. I’m not trying to present myself as an expert at all - this is only documenting my progress to date. In the past four months, I am up about 8.5% (although not as much as I am with my 12DailyPro.. lol), which I’m pretty happy about.
In this section of the site, I will document all of the changes I make to my portfolio, as soon as I make them, and why. Below is my current portfolio as of 1/10/2006.
Always do your research before deciding to sell something online. eBay is nothing more than a huge marketplace, no different that what has been around for thousands of years, allowing people to buy and sell from each other in an open and free environment.
Often times however, we forget the laws of supply and demand and must be reminded. As a quick note: before commiting to a new product or service you intend to sell on eBay, do a through search for it first on eBay, then secondly on sites such as bizrate.com and see what others are selling it for, and how many other merchants are in the market (how much competition you will have).
Can you beat their prices? If not, forget the idea and move on. If you can, by how much? Remember, others out there may have larger margins than you and will be able to fight you in a price war.
The last thing you want before you go and invest in 20 new cell phones from Hong Kong, hoping to make a great profit on eBay, is for someone to sell the same phone five dollars less than your cost.
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