Stock Watch — 05/07/2007

The running of the bulls doesn’t normally take place until July…in Spain. The United States held its own version on Wall Street last week. Of the last six sessions, the the Dow recorded five record highs (4 in a row after today).

MSNYahoo!
In a move that would give them a 25% share in the online ad market, the Yahoo!/Microsoft merger was put to rest again. The 20+% spike in its price would have been reason enough for me to sell my shares of Yahoo! (NASDAQ: YHOO). We’ll hold on to it in the Derrich.com Portfolio for now. Look for a decrease in today’s price. If I’m right, see it as another buy opportunity, especially below $30/share, for the stock despite what Chad Brand of the Peridot Capitalist believes the two have little to lose by combining forces.

Symbol	Last Trade	Shares	Price Paid	Gain
COH	$49.14	100	$51.40	-4.40%
DEO	$85.04	100	$78.37	8.51%
DOW	$44.92	100	$40.02	12.24%
FMS	$50.78	100	$50.01	1.54%
GPX	$9.67	100	$9.38	3.20%
Q	$9.42	100	$8.50	10.82%
SGU	$4.01	100	$3.91	2.56%
SIFY	$8.37	100	$8.41	-0.05%
SIX	$6.01	100	$5.97	0.07%
YHOO	$30.98	100	$26.87	15.30%

Past performance does not guarantee future results.

Media Data For Sale
The announcement News Corp (i.e. Rupurt Murdoch) to bid $5 billion for Dow Jones earlier this week sparked a huge jump in Dow Jones stock while shares of News Corp fell. Reuters is being courted by Thomson Corporation suggesting that it wants to go head to head with Bloomberg in the lucrative market of delivering real-time financial data and news to customers like investment banks.

Derrich.com Portfolio
I’ve been touting several new stocks for the Derrich.com Portfolio. I’ll GEt back to you with my choice(s) later this week. And don’t forget what I said last week about buying stocks on euphoria. Yes, it could make you money…but you can also lose big, especially if you don’t track the market daily or more frequently. With all of the merger and acquisition talk, it is easy to get caught up in the speculative game. Remain focused, my friends.

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