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Wednesday, May 07, 2008 --- 6 days ago http://dealbreaker.com/2008/05/opening_bell_5708.php
Some See Oil At $150 a Barrel This Year (WSJ)
Lots of chatter lately about the next leg of the supersurge in oil. A Goldman guy came out with a call for $200, which would mean a mere doubling from here. Others see $150 comfortably in sights, though that would hardly be a move at all at this point. Nobody subscribes to it really, but we're still kind of partial to the idea that the higher the price of oil the better for the economy. Sure it's rough, but man, when oil goes back down to $35, we are going to be humming.
2008 Democratic Presidential Nominee (Intrade)
You know the media expectations game. There were actually some polls that had Barack Obama winning Indiana. But, he so consistently collapsed on primary day that small poll leads for him usually translated into significant, 10-point losses. SO when that didn't happen, and instead lost by just 2 percent, in a race that went deep into the night, the media called him the victor. Russert called him the nominee and he ticked up about 8 points on Intrade to around $.88 on the dollar.
Sprint and Clearwire to Combine WiMAX Businesses, Creating a New Mobile Broadband Company
Word of this report had leaked last night, and now it's official ailing Sprint and ailing Clearwire (started by ex-AT&Ter Craig McCaw) will merge their wireless broadband businesses (that offer internet over WiMAX) in hopes that a combined company will alleve both of their collective misery? Beyond ... |
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