Stocks and Sectors

Wall Street Cheat Sheet submits:

Last October, I got into an argument with Jim Cramer because he asked me to remove my article about how Cramer’s company TheStreet.com (TSCM) was a “Sell” based on the framework in Cramer’s own books (See the emails in “Sorry Cramer … We Will Not Bow Down“). If TSCM was an exception to Cramer’s iron-clad rules because late 10Qs and bailing executives somehow didn’t raise concerns like in every other case, it seems someone more important than both of us is concerned with the inner workings of TheStreet.. the SEC.

Zero Hedge has broken the not-so-surprising news that Wednesday TheStreet filed a Form 12b-25 with the SEC which presses the ultimate “Sell, Sell, Sell” button on Cramer’s circus play station:

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Naveen Selvaraj submits:

I guess anybody following the US stock markets on a weekly basis would know how keenly the jobless claims and other employment-related metrics are tracked.

With this mind, I collated the headcount data for around 168 Tech stocks from data available on the Gridstone Platform (of the 400 Tech stocks, 168 had headcount data for 2008 and 2009) and the numbers are pretty interesting. Remember that the data is based on the headcount figures provided in company filings (10-K typically) and so are accurate.

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Erick Schonfeld submits:

Earlier today, several previously sealed legal documents in the longstanding copyright infringement lawsuit against YouTube by Viacom (VIA) were made public. In conjunction with the public release of those documents, YouTube’s chief counsel Zahavah Levine wrote a blog post which reads more like a summary of a legal brief.

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Scot Wingo submits:

YAeST – Yet Another eBay (EBAY) Selling Tool – Earlier this week at Microsoft’s (MSFT) developer conference called Mix, we are hearing that eBay announced a new seller tool based on Microsoft’s Silverlight technology. Details are thin, but here are some links that shed some light:

• The new tool is to be called the eBay Simple Lister and was introduced at a key note by eBay VP of Product Development, Raji Arasu
• There’s a session which has this in the description: Come see how eBay is enhancing the listing experience for the occasional sellers with the eBay Simple Lister application. Learn how the application was built from concept to design to code using Sketchflow and Silverlight 4."
• You can read a transcript of the keynote here:
• There’s a screenshot here

So apparently the key features is a web-cam based barcode scanner to pull in the UPC. I haven’t seen this, but can tell you that the last thing we need in the eBay world is yet another way to list. The universe of SYI, TurboLister, Blackthorne, SellerManager, SellerManagerPro, etc. is already hard enough to navigate and keep up to date – now they are throwing another tool in the mix. Uggg.

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cheep-talk submits:

by Sandeep Baliga

Amazon (AMZN) is trying to beat down the prices of eBooks sold on the Kindle:

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Diane Mermigas submits:

There is more to Google (GOOG) TV than meets the eye.

Google is partnering with Sony (SNE) and Intel (INTC) to become the ultimate search engine inside set-top boxes and other TV-related devices. The goal is to dominate the living room as Google does the Web, according to The New York Times.

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Bruce Everiss submits: