Opening Bell: 5.16.07

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Too bad you can't have Easter and spring every quarter. The President, according to his handlers, will also push for new tax cuts in an try to appease his base with 'red meat', but here his base and our astute readers are on par. Prosecutors say they want to try him again, but he can make a reasonable argument that enough is enough.

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According to the Washington Post, Morgan Stanley is now an " activist shareholder ". Referring to MS Investment Management's call for the abolition of the Times' dual class stock structure, the WaPo writes: The New York Times is the third major media company to be challenged by activist shareholders in the past year.

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Technical Attack

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And like all things personal, there’s a tendency to believe that your own style is the best possible, and all others trivial; and sometimes, arguments over investment strategy gets as heated as other personal discussions do. Now I’m not into technical analysis - I’m more comfortable with the value investing approach.

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Selling Annuity Payments for a Lump Sum of Cash

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Also, some life annuities come with a refund option that provides annuitants with a guaranteed income for life and continues the payments to the beneficiaries according to the refund provision. This is because your premiums buy units in your choice of separate accounts, which then invest in stocks, bonds, and money market funds.

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Comments on ?More Microsoft?

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Let me republish it here: I took a linear regression (i.e., a fancy way of drawing a line on a graph) of the past 10 years of Microsoft?s free cash flow. In his comments regarding “More Microsoft”, Steven wrote: Even assuming growth of 10-11% (which I would give a50-50 chance) you get to just about a 45% MOS with the stock at $24.50.

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Such is the scenario that even unscrupulous companies, hiding in this herd of genuine software companies, are changing their names overnight and are still getting good responses from the primary market. In this deluge of issues, the good companies might be witnesses to a scenario where their discounting comes down? pure demand-supply economics.

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Therefore, some people may be better off getting cash for their structured settlement and then building their own investment portfolio. For example, you may want to sell as little as four year's worth of payments or receive a lump-sum payment while still enjoying some portion of your monthly payment.

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But cases can drag on for years, making it difficult for plaintiffs to survive financially until they receive their settlement. But if you win, they'll have a legal right to share your settlement. Companies with deep pockets can afford to extend cases in an effort to "wait out" plaintiffs who are in dire need of funds to meet their living expenses.

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The issue will close on April 7, 2006. At least 9.07 lakh shares have been reserved for subscription by noninstitutional investors and at least 21.17 lakh shares have been reserved for subscription by the retail investors.

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India will have to evolve a clear policy framework in energy sector for attracting $10 billion of private investment in the next five-six years to bridge the demand-supply gap, consulting firm KPMG said on Monday. The rethinking of India's energy policy would open up private investment opportunities.

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For instance, the buyer may put down 5 % in cash, take on a mortgage for 75 % of the value of a house, and then the owner creates a note for the remaining 20 % to make the deal work. You can use installment-financing to close the deal with buyers, and then convert their future monthly payments into quick cash by selling the note.

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A disgruntled 36-year-old investment banker who describes himself as "definately" a "catch" complains to entire female gender on craigslist when his superficial date needs (busty, blonde, the usual) turned out to be more superficial than first expected: Anyway, I take this girl I met the week before to Nobu.

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More Muffie

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Muffie Benson-Perella ( muffie AT dealbreaker.com ) is an Associate in the Investment Banking Division of a "Bulge Bracket" bank. Her regular column "Heard in the Suite" is a probing (and, ahem, fictional) weekly look into the secret lives and behind the velvet curtains of the investment banking world.

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Today's FT reports that a partner in the New York Office, in fact one of its " top corporate finance partners", has concluded in a research paper that the "provision of guidance on earnings with research that shows the quarterly ritual fails to cut share price volatility but encourages short-termist management".

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Yes there are more compliance and risk managers than ever-but more is not necessarily better.Yes you have much better quantification of risk through fancy Value at Risk models, but after the day this is not much use. The reason for this is not, as the financial press would have you believe, because these are complex, exotic financial instruments.

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