Shanghai Surprises

Intro: We can work it out-Beatles. Some days you’re just firing on all cylinders and today is one of those days. In part I think it has to do with properly sync up my Zune and figuring out the new and growing technology in the IPTV content space that I am so fond of. Did any one catch out friend Pete Najarian on CNBC’s Fast Money last night? This week he is doing “Fast Money” 8pm EST. Check it out. They are calling him the pit boss. He is bullish short term on Cisco (CSCO) that will report after the close. More on Shanghai “The whore of the Orient” and the crack down on corruption the former Governor Chen Liangyu is jail as an undisclosed location. Can they [China] hold it together till the Olympics? China Index fund symbol [FXI]CEO Albert Lord sold 400k worth of Sallie Mae[SLM] Nice. NEW IPO Fortress Investment Group[FIG] First of its kind for hedge funds. With wacky accounting comes out FEB 8th. James Althers from FT recommends a stock under 5 bucks. Must be on the NYSE have a buy rating and profitable. His pick is Solectron Corp[SLR] they big electrons outsource to them. 1.4b in cash minus the 641m in debt leave 400m net cast and a book value 2.67 stock is trading at 3.30. Dr J reports that 60million share of Cisco traded after hours up to 30. Humm I wonder. Nutri Systems (NTRI) March 50 calls and (RIO) March 35 call back on the heat seeker. Watch Disney(DIS) and Kodak(EK) CoffeyGrinds is recorded live at 9am CCST and 12noon at http://www.mn1.com/