Wednesday, February 09, 2005

Carly, You're Fired!

* Carly Fiorina went into the boardroom and got fired! You think there's singing and dancing in the aisles and cube farms at Hewlett Packard today? Probably hasn't been too much joy for those folks in quite awhile.

* I skipped American Idol last night and watched the 2-hr finale of The Amazing Race. That was a pretty good show, and another starts up in a few weeks.

* It's tough to have a business model that relies on paying customers, when the competition is giving away the same or similar services for free. Symantec and McAfee spy and virus checking software is being challenged by AOL's for free software. (And Microsoft is getting in that business.) Intuit's Turbo Tax and other tax preparation firms faces competition from government websites allowing tax preparers to complete tax returns for free. Tivo faces challenges from cable companies and folks doing recording themselves on their PCs. Competition is great for the consumer. Consumers love free stuff.

* Market selling off a little. Maybe the Fed's tough talk? Or, the put-call ratio was showing too much bullishness and complacency.

* Did you see CNBC's Christie Hefner on Squawk Box this morning? You know, for giggles, I always wanted to buy 100 shares of Playboy, just so I could what they send out with their shareholder reports. Maybe I will. Who cares if I ever make money on it? I'll be checkin' that mailbox everyday! Beats those 0% credit card and 120% home equity loan offers that come everyday. Next release on Yahoo health news: Checking your mail can lead to hair growing on your palms.

* One foot in hell, and the other's gonna be, rockin' with the Devil and setting him free - Loverboy.

* As Carolyn, George and Donald might say in the post-boardroom meeting on The Apprentice: "Easy decision. Carly was a disaster."

* The Democrat's Maginot Line (Social Security).

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