Sunday, July 24, 2005

Just One Man's Opinion - 22 July 2005

by JMac

ALERT -ALERT - ALERT

Warren Buffett now likes Anhueser Busch and Sysco Foods (see my column of 7/1/05); I like Warren Buffet.

Quarterly Profit Review -

Microsoft - 37% increase in earnings on 9% increase on revenue, what a cash cow. What if Google and Mr. Softee got together? Hey ! a guy can dream can't he ?

Google - $1.38 billion in revenue v. 700.2 million last year same quarter, 342.8 million in earnings v. 79.1. Prudential Securities now puts target price at $400. I still have no &^%$!? clue.

Coke - up nicely - BUY

Delta Airlines - lost 388 million last quarter, 10 billion since 2001. Only 2 billion in cash left, will be in Chapter 11 by end of summer. Southwest is preparing to pounce on the lucrative Florida market and their gates in Atlanta, BUY SWA.

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