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Archive for August, 2007

India Fund Semi-Annual Repurchase Offer

Posted August 28th, 2007 by Sidd | No Comments

The India Fund announced the commencement of it’s semi-annual repurchase offer on Friday. The dealine to respond to the offer is 5PM Eastern on September 14. The shares will be purchased at 2% less than NAV on September 21.
On Friday, The India Fund traded at a discount of 7.3% to NAV and this is significantly [...]

Stock Fire Sale

Posted August 16th, 2007 by Sidd | 1 Comment

With the current situation, a lot of great stocks look like they are on a bargain basement sale. Even financials – most of whose stock prices are hurt more than justified by the current scenario. Wachovia, Bank of America etc. are amongst the bright spots today because they have become so cheap that is makes [...]

+(Blockbuster+MovieLink) -Netflix

Posted August 9th, 2007 by Sidd | 1 Comment

Last time I covered the battle, I was recommending Netflix acquire/partner with a DVD rental Kiosk to compete with BBI but blockbuster is hell bent on one-upping netflix in any way it can and it has acquired movie download service Movie Link to compete with Netflix’s movie download service.
As of now Blockbuster plans to continue [...]