Eugene David
...The One-Minute Pundit

Friday, February 18, 2011


Why the NASDAQ index should hit at LEAST 50,000 this year -- thanks to the IPAD:

I’ve seen a lot of crowded tech categories before, but this is comical. The makers will all build too much tablet inventory based upon their optimistic internal forecasts. That will lead to an epic glut and then a pricing bloodbath, as they try to give the stuff away. It should make for some great short-selling opportunities among the tablet component makers later this year. For now, we’re in the unbridled optimism phase for tablets.

(Via I Want Media)

Home
Site Meter eXTReMe Tracker