In trying to make this blog worth your while, I don't want to just post for the sake of posting, but instead am going for quality over quantity. Still, some observations are worth making, even if short and sweet.
I was asked on the Gilder Technology Forum if I thought Google was a candidate for profit taking after the recent incredible run. Not a chance. Again, I refer you to the very well written and researched blogs of David Gordon on Google, as well as my own instinct that this is a grand slam home run, over years, and we are only now at beginning of the Google story.
Apple made news yesterday announcing it was moving to Intel processors. I look at this news a hugely bullish, long term, for Apple, as it will now port it's operating system to a superior processor, opening a lot of doors. I am not as sure shorter-term what effect this may have on operating numbers as Mac owners like me will probably postpone any new purchases until the new Intel machines are out. Once that happens, Apple starts selling it's computers, especially notebooks, like hotcakes. The market should reflect this new Apple business model and it's effect on Apple's bottom line in advance, by about 6 months to a year. I will be investing in Apple accordingly.