Sorrow for the lost Lennar
We all know that the housing industry has been served up a heaping plateful of fundamental crumb cake. Now some of the players are coming back for seconds. Lennar
I'm fully aware that we will come to a point where real estate developers are screaming bargains. The stocks have already given back good chunks of the gains they achieved when the going was good. However, when you have a bellwether warn twice in the same month, I think it's pretty fair to say that we have yet to hit rock bottom in this slide.
Feel free to start scouring for bargains now, but you'll probably be better off buying in cheaper in a few quarters.
Been there, Dunn that in searching for the headline of the year
So, I'd like to give props to the folks at Red Herring for coming up with the Dunn-related headline that everyone is probably now kicking themselves over. With a nod to old-school AC/DC, the business weekly's headline was Dirty Deeds Dunn Dirt Cheap. Game over.
I'll offer up the silver medal to the first publication to write about the resignation of Ann Baskins, HP's general counsel, just hours before she was set to testify before Congress and label it Baskins Robbing. What's that? No robbery was involved here? She pleaded the fifth instead of testifying? Bummer. I was ready to scoop up ice cream metaphors to make this work.
Let's take the whole week off
The company didn't really need to do this. It's got billions in the bank. This isn't the same as when nervous technology companies did the same thing when the dot-com bubble was bursting. In fact, Yahoo! probably shouldn't be doing this, from a business perspective, much less from a PR perspective. If Google
Until next week, I remain,
Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look back. He's also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. He does not own shares in any of the companies in this story. The Fool has a disclosure policy.