Monday, May 21, 2007

NVDA $1 BILLION Stock BUYBACK $$$$

Today @ 1.16 PM NVDA announced a NEW $1 Billion Stock buyback program.

NVDA will do this buyback in OPEN market or in direct purchases.

NVDA has more than $1++ billion on hand as free cash.

Markets are CHUGGING along ......with NEW ALL TIME HIGHS in S&P 500 today $$$$.

NTES & NCTY reports AH...........both will be on the WEAK side.

NTES guidance will be WEAK for next Q......NCTY guidance may be FLAT to + YOY.

SNDA reports on wed AH......which will be a STELLAR report with STRONG guidance.

Nasdaq is STRONGEST among all indices @ 1.50PM...bodes well for TECHS going forward.

GOLD is UP.

OIL is UP.

Good luck on your trades.

BLOG does not give BUY or SELL.

Saleem

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