Pete's final stock picks

		Google Inc.	GOOG	497.00							3	588.82
		Apple Inc.	AAPL	184.02							25	198.64
		Cablevision Systems...	CVC	24.98							33	25.08
		Time Warner Cable Inc.	TWC	42.24							40	42.86
		The Washington Post...	WPO	462.03	3 414.90 Final total: 10, 518.42

My stock..

Name Symbol Last price Change Shares Gain
Google Inc. GOOG 588.61 1.1 18 10594.98
The McGraw-Hill Companies, Inc. MHP 30.6 0.26 5 153
Yahoo! Inc. YHOO 15.25 -0.06 14 213.5
Archos JXR 4.24 -0.76 7 29.68
HTC Corporation 2498 365.5 -2 7 2558.5
ASUSTEK Computer Inc. 2357 63.6 -0.2 8 508.8
Hewlett-Packard Company HPQ 49.29 0.31 8 394.32

Portfolio value: +13.47 (0.12%)

Okay, buy technology products, don't buy their stocks

Yonghwan's Results

Yonghwan's results of the investment.

Acer
Before: 81.9 x 50 = 4095
Now : 82 x 50 = 4100

Google
Before: 498.53 x 10 = 4985.3
Now : 589 x 10 = 5890

NYT
Before: 8.39 x 100 = 839
Now : 8.62 x 100 = 862

Total
Before: 9919.3
Now : 10852
---------------
(+) $932.7

I can get a new laptop.

Sung Woo's earning.

I am out of the contest, because I earned less than a thousand.
Here is link to my portfolio.
http://finance.yahoo.com/p?k=tpf_cA9Qw52_jrS0ITg-

Kang's media stock competition

Here is the result of my media stock competition.

Kelly's picks

Well, not so good. I should have followed my wife's advice and bought all Google (up 23%) and Apple (up 16%) but I spread it around to my dismay. I especially should have followed Avery and bought ONLY Google.

News Corp. investment arm -5.99%
News Corp. media arm -0.07
Walt Disney Corp +6.33
Time Warner +4.85
Google, Inc. +23.48
Apple, Inc. +16.12
Viacom, Inc. +13.52
Gray Television, Inc. - 8.94
Belo Corp. +10.82
Discovery Communications +12.74
______________________________
Total +10.90
+ $1,098.37

So I finished with about $11,000 - not enough to keep up with Google.

I think I did well

The good news from what I can tell is all of the stocks I purchased have gone up in price.

Apple was purchased for $171 is now trading for $199.

Disney was purchased for $27 a share is now trading for $30.

Netflex was purchased for $47 a share and is now at $58.

And Viacom was purchased for $27 and is now at $31.

That means I have a net gain of 17.53% and I'm up $1740.90.

Go! Amazon!!

How exciting to check the portfolio in the crazy end of semester! After checking it (around 12:00 p.m. on Nov. 30, 2009), I'm more optimistic toward the future...:p

Amazon is amazing! Is it also because the black Friday that brings the stock up? Anyway, I'm satisfied with my earning, especially to the one who lacks the sense/knowledge of stock market like me! :D

Go Google! Or wait, Akamai!

So, after completing my initial portfolio, I shifted gears and went all in on Google. Here's a look at how my original picks did, how my Google pick did and how Apple could (not) have bought me a yacht:

GOOGLE PICK

Original buy: 20 shares at $488.29 for $9,765.80

Final sell: 20 shares at $578.73 for $11,574.60

Profit: $1,808.80 (+18.5 %)

ORIGINAL PICKS

Yahoo $2,313.81 turned to $2,102.31 for a loss of $211.50

Research In Motion $4,208 turned to $2,911 for a loss of $1,297

Cable Vision $644 turned to $611.25 for a loss of $32.75

Washington Post Group $2,409 turned to $2049.75 for a loss of $359.25

Akamai $947.50 turned to $1,180 for a gain of $232.5 (+24.5 %)

Profit -$1,668 (-17 %)

APPLE PICK

Original buy 54 shares at $181.87 for $9820.98

Final sell 54 shares at $200.31 for $10,816.74

Profit $995.76 (+10.1 %)

If I had invested all $10,000 in Akami, I would have made $2,450. If I only had ...

The Next Wave of Mobile Communication?

Is that your phone ticking?

Advertising online is better in video

Even the WSJ is now doing a "newscast" online twice a day.

http://www.nytimes.com/2009/11/11/business/media/11adco.html?_r=1&em

Google pays big money for AdMob

Google just absorbed an established online ad company for $750 million. Apparently the folks at Google think there's a future in online advertising.
http://www.tmcnet.com/usubmit/2009/11/09/4471016.htm

People for the Press - A UT alum's quest

UT alum Paul Adrian kicked the site off a while back ... it seems to be a survey station allowing voices for journalism modeling. Interesting that James Moore has a video critique of the site ON the site:

http://pressforthepeople.com/

Is online news really an inferior good?

What we have this week seems to reminding me of the concept of elasticity of demand and a question that "is online news an inferior good?".

Here's what I posted at the beginning of the semester:

We may raise questions regarding media products such as how the concept of elasticity of demand works when it comes to new media (e.g., online news media or other online services like blogs); and further, is media we are using normal good or inferior good? Dr. Chyi (forthcoming?) proposes a question, “is online news an inferior good?” and contends that online news is an inferior good based on a theoretical framework (normal vs. inferior goods) that “when income increases, the demand for an inferior good decreases; when income decreases, the demand for an inferior good increases, other things being equal”. It seems interesting that hypothesis was supported even after controlling for other media use (newspaper, television news, and radio news). Regarding this study, I’d like to talk more about why online news is an inferior good; what about other newly emerging media; and other possibilities regarding this.

As of other possibilities affecting the result that online news is an inferior good, we might think characteristics of market. In other words, whether online news is an inferior good or not may depend on the nature of markets. For example, to what extent people consume online news may differ in geographic characteristics of market (e.g., distance or market segment) and systems of market (regulatory system).

Now I'm kind of confused.
Is online news really an inferior good? It makes a perpect sense according to Dr. Chyi's article (in terms of theory adapted and method and analysis used).
However, then, is online news's quality really bad/lower compared to traditional forms/platforms news??
Assuming there's no significant difference of quality in between offline vs. online news, can we still say that online news is an inferior good?

Another thing is whether young people who are likely to get information on the Internet (including online news) are going to demand online news less when they get a job and their income increases?

Another survey about paid news content.

A combined research effort by Ipsos Mendelsohn and PHD has revealed that 55.5 per cent of survey respondents would be very or extremely unlikely to pay for online newspaper or magazine content.

http://www.editorandpublisher.com/eandp/departments/business/article_display.jsp?vnu_content_id=1004030681

But I don't think this is all that pessimistic for the News Corporation.
Because, when questioned further about specific publications such as The Wall Street Journal and Consumer Reports, both of which are exisiting pay sites, 81.5 per cent of online users said the sites were good, very good or excellent value.

Bob Shullman, president of Ipsos was quoted as saying "the message that came out is that you can charge, but you better have incredibly compelling and unique data."