A lot of things weren't on my bingo card coming into this week.
I didn't expect a billionaire tech founder to show me a lot of vintage supercars they just purchased. That was fun, I love cars.
Speaking of cars, I also didn't expect a $900 bill for a one-hour service on my new car. But hey, at least the dealership took a video of my car being worked on, sent it to me, and said they thought the car was beautiful. That makes shelling out $900 for some oil, wiper blades, a cabin filter, and expertly inflated tires a little more palatable.
From a market standpoint, I didn't anticipate further beatings in red-hot memory chip names like Micron (MU), Sandisk (SNDK), and IBM (IBM). All three could now be considered crashed-out tech stocks. But only one is dead money, given my many chats with experts.
That is IBM.
I didn't expect a billionaire tech founder to show me a lot of vintage supercars they just purchased. That was fun, I love cars.
Speaking of cars, I also didn't expect a $900 bill for a one-hour service on my new car. But hey, at least the dealership took a video of my car being worked on, sent it to me, and said they thought the car was beautiful. That makes shelling out $900 for some oil, wiper blades, a cabin filter, and expertly inflated tires a little more palatable.
From a market standpoint, I didn't anticipate further beatings in red-hot memory chip names like Micron (MU), Sandisk (SNDK), and IBM (IBM). All three could now be considered crashed-out tech stocks. But only one is dead money, given my many chats with experts.
That is IBM.
3 months ago
