Alan Luber

Business Model Bloopers and Blunders

You can talk about all of the things impacting our economy - government regulation, terrorism, the Fed's determination in 2000 to convert a virtuous cycle into a vicious cycle - but I think that there is another problem facing our economy: flawed business models....

Moody Markets, or Manipulated Markets?

One of the things we often hear about the stock market is that it is an anticipatory animal, meaning that bear markets begin when the economy is good but people fear that things will get worse in the future, and that conversely, bull markets begin when the economy is...

Urgent Virus Threat – NOT!

For the third time in two days, I've received an e-mail from some well intentioned idiot warning me of an extremely destructive computer virus for which there is no cure. In each case, it took me about a minute to go to the Symantec web site and learn that the alleged...

The Coming Telecom Capacity Crunch

In my past column, I explained why a telecom rebound is likely to occur faster than most people expect: the continued explosive demand for bandwidth, the reopening of capital markets courtesy of lower interest rates, increased telecom revenues resulting from price...

The Executor’s Song: Part 4, Getting the Estate Organized

Publisher's Note: This is the fourth in a six part series of personal finance columns on the subject of being the executor of an estate. These columns are based on my own personal experiences in this regard. Individuals should consult a professional advisor and take...

The Executor’s Song: Part 3, Performing Triage for the Estate

Publisher's Note: This is the third in a series of personal finance columns on the subject of being the executor of an estate. These columns are based on my own personal experiences in this regard. Individuals should consult a professional advisor and take their own...

Estate Planning: Part 1, An Unhappy and Burdensome Task

Author's Note: This is the first in a series of personal finance columns on the subject of being the executor of an estate. These columns are based on my own personal experiences in this regard. Individuals should consult a professional advisor and take their own...

Why Fiber To The Home (FTTH) Is Inevitable

For the past few years, telecom companies have been working diligently to provide us with pseudo-broadband internet connections over copper (DSL) and cable (cable modem). I use the term "pseudo-broadband" because the existing telecom infrastructure can only provide...

The Executor’s Song: Part 2, Getting Help

Author's Note: This is the second in a series of personal finance columns on the subject of being the executor of an estate. These columns are based on my own personal experiences in this regard. Individuals should consult a professional advisor and take their own...

Much Hope for the Future of the Telecom Industry

I would like to begin today's column tangentially, by admitting to the world that I did something incredibly stupid yesterdaythis past Tuesday Allow me to explain. There is a delightful yiddish phrase, kayn ein hora (pronounced "kinna herra" or "kunna hurra") that has...

Lessons From Luber’s Beige Book of Investor Psychology

Last night I found myself absent-mindedly singing a snippet of a song from Meredith Wilson's song from The Music Man, "The Sadder But Wiser Girl For Me." Only to my surprise, the words came out differently....."A slower and stealthier rally for me." (Of course, I am...

Stop Looking for Catalysts — This Isn’t Chemistry Class

One of the bear market arguments I read this weekend stated that last week's Nasdaq rally was a false rally because there was no catalyst to drive the rally. Well here's another perspective. Every false rally in the Nasdaq over the past six months has been driven by a...

The Next Interest Rate Cut Counts

From one perspective, this week's rally in the Nasdaq seems incredible. Although pummeled by a barrage of bad earnings and earnings warnings from technology companies last week, the Nasdaq managed to rally for four consecutive days -- the first time this has happened...

The Case of Dell: Does a Company Own Its Customers?

What criteria do you use to decide whether or not to invest in a company? P/E ratio? PEG ratio? Price to book ratio? Earnings growth? Revenue growth? Market share? All of these criteria have their appropriate use, but I would like to submit for your consideration...

The Telecommunications Industry Lives

Every time I hear somebody deliver a eulogy for the telecommunications industry, I think of a wonderful analogy that makes me feel better. The argument that the telecommunications industry is dead goes something like this: There is enough capacity in long haul fiber...

The Bellsouth Broadband Challenge

The other day, I talked about the tremendous broadband opportunity that Bellsouth has in the Atlanta area -- the opportunity to use its strengths in reliability and technical support to crush Charter Communications' cable modem business with its Fast Access DSL. But...

A Dow Crash? You Ain’t Seen Nothin’ Yet

Every once in a while I like to go out on a limb with a wild prediction. And my prediction today is that the Dow will experience a major league crash in 2001. If you thought Monday was scary, in the words of Al Jolson, "You ain't seen nothin' yet." Let me take you...

Mom Takes On FED Chairman Alan Greenspan

From an article on CNNfn last Friday: Alan Greenspan Chairman Alan Greenspan on Friday defended the central bank's monetary policy, rejecting suggestions that the Fed helped trigger the economic slowdown because it waited too long to reduce interest rates.Greenspan,...

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