Keith Watanabe * NET 2.0

a few observations
By: Keith Watanabe
Published On: 12-25-2005

caught that my all time shit stock just went out: CSAV. i've been monitoring these guys for a while. it's not that the company went out of business but that they went private again. i'm assuming that a possible incurred penalty for having such a small value along with the benefit of not being forced to report publicly ultimately brought this conclusion. they never really did great but somehow managed to survive the dot com bust. actually, all things considered they managed to become profitable although their operating profit is still not significant when you consider the volume of trades going on for other companies. i'm even more surprised that another larger company like an ebay didn't bother purchasing them up earlier just to increase their market share (perhaps another good reason they went private since they were in a pretty vulernable spot for being taken over). but hey at least they survived. can't say that about everyone (etoys). on the other end of the spectrum, my stock pick of the year goes out to Toyota. now at 103/share, you gotta think Toyota is really going to hit some strides in the next 5-10 years. at the moment, the American auto industry is reeling from massive loss in their SUV focused myopia. in comparison, toyota's product range is much wider and includes a respectable line up from the commuter car (where they dominate spots like LA) to their luxury offshoot of Lexus. not to mention the general reputation of their cars has always superceded their American breathen since owning a Toyota generally implies having a car for the next 10-20 years. them and Honda ought to do well while America's industry plays massive catch up.

Tags: stocks
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