Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, February 20, 2006

President's Day

No trading today on Wall Street, as most financial institutions took the day off to celebrate President's Day. Banks were closed, and the mail didn't run. Of course, we worked. This was a day to catch up on loose ends and on reading. Merger activity is heating up, as companies look for partners. Technology seems ripe for this. In particular, the "social internet" is taking centerstage, as cyberspace becomes the place to meet, greet, and connect. Even AOL is jumping in big time on this trend. One retail techie having trouble is Radioshack. Its CEO resigned because of trouble with his resume. Tsk! Tsk! Will these guys never learn? No numbers to report today. The week kicks off on Tuesday.