Friday, February 22, 2008

Boone Pickens Bets Oil Prices Will Fall

The market is getting a nice boost in early trading, let by several positive developments in the tech sector.Cisco (CSCO) was upgraded to Buy at Citi, RIMM raised its net subscriber guidance significantly, and Microsoft (MSFT) said it will be making a "significant" announcement this morning that is not related to its Yahoo! offer.Of those items, RIMM is getting the biggest lift, as this news flies in the face of the well know consumer slowdown that was thought to hit the handset makers as well as the la[...]

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[Source: The Money Blogs]

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