3 posts and columns on Wall Street Journal Online

Mean Street: New Motorola CEO, Welcome to My Pain

in News on August 5, 2008 at 4:32 pm PT

What do CEOs say to each other in private? Mean Street intercepted an (imaginary) email sent this morning by Merrill Lynch CEO John Thain to Sanjay Jha, newly appointed co-CEO of Motorola.

Mean Street: Salesforce.com–How Much Higher Can It Go?

in News on July 30, 2008 at 1:44 pm PT

If you are a believer in efficient markets, every now and then a hot tech stock comes along that pushes your conviction to its limits. VMware was bought for $625 million by EMC in 2004, went public in 2007 and soon hit a market cap of $48 billion. It currently trades at about a quarter of that value. Even the hottest stock can’t defy gravity indefinitely. Or can it?