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Bird's Eye View: Wednesday, March 10, 2010- Thoughts...

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"You know what the news is-- in a minute, you're going to hear the rest of the story"- Paul Harvey

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Treasury Secretary Tim Geithner

The powers behind Treasury Secretary Tim Geithner are trying to drastically repair his wimpy image. I knew I had seen Geither before, but couldn't quite place where I saw him.

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Then, I finally figured it out. Ever watch "The Jetson's" when you were a kid. Treasury Secretary Tim Geithner reminds me of the cartoon character Gazoo.

After spending five years as president of the New York Fed, and watching (or letting) Wall Street partake in very risky behavior, Geithner was promoted to Treasury Secretary.

Whenever money is spent to repair an image, it only says one thing. Nothing is going to change, and we like things just as they are.

Whose Better: Google or Yahoo

Clearly, no stock (since Yahoo's IPO) has been promoted more than Google. In other-words, someone up there (Wall Street) loves them.

As far as information goes, I think Yahoo is head over heels better than Google. Yahoo Finance is outstanding, and the menu choices are clear better than Google. But, no one is better touted than Google.

Wall Street is Touting Cisco...Again!

Yesterday, Cisco announced a next generation router that many are saying will "Forever Change the Internet". That's all well and good, but as the news was released Chairman and CEO, John Chambers was so excited that he decided to sell 1,800,000 shares of Cisco stock.

Now I'm not a very complected guy, but if the prospects for this new router are all that its touted to be, don't you think the stock price would soar? If so, why did the CEO of the company take advantage of all the hype and sell 1,800,000 shares? Wouldn't he at least wait until the stock went to $30 ?.

Be careful out there!

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