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Today's Tech/Media/Telco Stories
News and Views | Macro/Technicals | Active Names | Sector News, M&A, Capital Raises | Research Away | Cantor Flows

News and Views

Tech finished mostly higher on Friday, led mostly by semis (SOX +.45%). MRVL +8.4% was a notable gainer after reporting strong results on Thursday after the close. Other outperformers included ATHR +2.8%, BRCM +2.1% and SIMG +2.9%. In business services space CRM finished up 17% (breakout 52 week high) and INTU closed up 15% (again breakout 52 week high) on solid quarterly numbers. On a down side RIMM closed down 3.5% on continued worries over competitiveness in smartphone space and Blackberry service in India; S -1.4% caught a bid late, was close to testing 200day Moving average (4.02) on the downside.

LG Electronics is reportedly planning to launch 10 more smartphones this year, including a high-end Android tablet, which, according to LG’s VP of Marketing “…will be better than the iPad”.

 

Macro/Technicals

S&P Fut.: 1075.70; +.47%
SOX: 327.88; +.45%
VIX: 25.49; -3.59%

Leaders: CRM +16.95%, INTU +15%, MRVL +8.4%, AKAM +6.3%
Laggards: PLNR -9%, ETM -7.7%, IMOS -6%, NENG -5%

Active Names

Enterprise/Service/ SW: BR, CACI, MSFT, ADBE, CMVT, EXLS, LWSN

PCs/Devices/Net: BIDU, DELL, AAPL, MOT, HPQ, MOT, RIMM

Semis/Circuits: Storage: WDC, SYNA, EMC, STX, SNDK

Network Products: CSCO, BRCD, PLCM, FTR, TKLC

Telco: VZ, T, TWX, ROIAK, VSAT, SIRI, Q, S, WIN

Electronic components: APH, TNB, ENS, AVX, ENTG, CREE

Media: AOL, CVC, SIRI, PLA, VMED

Smaller Caps: BDE, ADPT, AXTI, QTM, GUID, COHU

 

Sector News, M&A, Capital Raises

AMZN Kindle Outselling iBooks 60 To One – Allthingsdigital

http://voices.allthingsd.com/20100823/kindle-outselling-ibooks-60-to-one/?mod=ATD_rss

Smartphones: The seemingly recession-proof smart phone is suffering from a side effect of the rough economy: Manufacturers simply can't build enough of the gadgets because chip-makers that rolled back production last year are now scrambling to play catch-up- AP http://hosted.ap.org/dynamic/stories/U/US_TEC_CHIP_SHORTAGES?SITE=OKOKL&SECTION=HOME&TEMPLATE=DEFAULT

AAPL: Digg founder says Apple iTV launch in September will 'change everything'- appleInsider

AAPL: Apple's iPhone displays 55% of smartphone ads- AppleInsider

MOT, AAPL Motorola most likely iPad rival- CNET

Acer, AAPL: Acer chairman expects iPad market share to drop to 20%, says paper- digitimes

AAPL, facebook: Facebook for iPhone boasts of over 100 million monthly users- IntoMobile

LG To Launch 10 More Smart Phones; To Launch Android Tablet- barron’s

Samsung expands lead in 2Q10 DRAM market,- iSuppli

NAND: A stronger price drop took place at the NAND flash spot market this week (August 16-20) amid inventory clearance among memory module houses- inSpectrum

Smart Grids: Earth2Tech breaks down the public/private debate

http://feedproxy.google.com/~r/earth2tech/~3/fXsi-zYFBKQ/

Virgin Mobile USA fortells unlimited prepaid mobile broadband for $40 a month- Engadget

BBY: Best Buy 'making tablets a focus' this holiday season, might stock one from Rocketfish- Engadget

Apps: Mobile operators predict app sales boom- FT

3DTV: TV Makers Predict a Bright Future for 3-D Sets- NYT

http://feeds.nytimes.com/click.phdo?i=f254e065f28aad2cdc8d47e528be7435

TV: Plenty to Watch Online, but Viewers Prefer to Pay for Cable- NYT

http://feeds.nytimes.com/click.phdo?i=22cfbce4b7e84aefd70f9fcf74d0f41f

DVDs: Studios Seek DVD Alternatives- WSJ

http://www.google.com/reader/view/#stream/feed%2Fhttp%3A%2F%2Fonline.wsj.com%2Fxml%2Frss%2F3_7455.xml

 

Research Away

GLW reiterated buy at Deutsche Bank, px tgt $26

ITRI initiated with an Outperform at Credit Suisse - Target $70

 

Cantor Flows

Enterprise/Service/ SW: BR, CACI, MSFT, ADBE, CMVT, EXLS, LWSN

PCs/Devices/Net: BIDU, DELL, AAPL, MOT, HPQ, MOT, RIMM

Semis/Circuits: Storage: WDC, SYNA, EMC, STX, SNDK

Network Products: CSCO, BRCD, PLCM, FTR, TKLC

Telco: VZ, T, TWX, ROIAK, VSAT, SIRI, Q, S, WIN

Electronic components: APH, TNB, ENS, AVX, ENTG, CREE

Media: AOL, CVC, SIRI, PLA, VMED

Smaller Caps: BDE, ADPT, AXTI, QTM, GUID, COHU

 

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