April 16, 2013

DISH-SOFTBANK PURSUIT OF SPRINT HAS POSITIVE IMPLICATIONS FOR APPLE $DISH $S $VZ $AAPL $CLWR

DISH TV- BLOG 4-16-13images

This morning, Dish Network started a takeover battle for Sprint.  Dish is offering $7 per share which includes $4.76 in cash and the rest in Dish stock. Sprint has an existing deal to be acquired by SoftBank of Japan.  Both offers from SoftBank and Dish are expensive because they represent about 5 times 2013 EBITDA of Sprint.

SoftBank offered a very attractive deal for Sprint similar to what many investors are clamoring for Dell.  Under the deal, SoftBank is to acquire a 70% stake in Sprint and the remaining will be publically traded.  Investors like this structure because they are able to cash out a large portion of their holdings but at the same time are able to participate in future growth.… Please click here or the title below to read more.

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WORLD EVENTS TELL US THAT GOLD AND SILVER HAVE LOWER TO GO $GLD $SLV $GDX $NEM $ABX

gold globe image blog 4-16-13
Recent world events tell us that gold and silver have lower to go. The events on which gold and silver should have gone higher, precious metals staged only weak bounces. The events on which precious metals should have shown slight weakness, gold and silver fell out of bed.

First let’s examine the events where gold and silver should have gone up.

The founding principle of the euro zone was that it would have a common currency. But now a euro owned by a German is not the same euro when owned by a resident of Cyprus.

When faced with mounting opposition, Cyprus abandoned its plan to impose large taxes on bank deposits.… Please click here or the title below to read more.

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