Dueling Fools: SYSCO
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From their trucks to your favorite restaurant's tables.
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Today, Seesmic, the company founded by Loic Lemeur, announced their initial $6 million funding. Several people noticed that my name isn't on the list of investors.  I'll probably end up kicking myself when Seesmic becomes the next Google or YouTube. I remain a fan of the company and Loic and his team and will be rooting for them.  Why did I get cold feet? It has nothing to do with the product or the company, both of which appear to be outstanding. It's the stock market. I had to make the final Seesmic decision as I was getting out of stock, at a significant loss. The only stock I hold now is AAPL, and sadly, it's way under the price I paid for it a few months ago. Like a lot of other investors, right now stocks give me the willies. I will likely get back in, slowly, a little bit every week to average out the price, hoping the market has found a bottom.
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There are smart moves, and there are stupid moves. For some reason, IBM is selling ThinkPad, the best business notebook brand name, to some Far East discount outfit. That can't be a smart move. As a nonsmart counter-move, I figured I'd better break down and buy one of the darn things before none were left. So I did.
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Food distributor Sysco Corp. (SYY.N: Quote, Profile, Research) on Monday posted an 8.2 percent rise in quarterly profit as cost cuts helped offset sluggish business
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Fools love shareholder-friendly management decisions.
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The discounter faces some pretty big "small" rivalry.
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Tycho:   The foe revealed, Armadeaddon is now almost complete.  Monday will see the promised epilogue, so at this point you have very nearly survived the ordeal.  We have endeavored these past weeks to reward the true "enthusiast," that man or woman who, brow heavy, has faced such cruel abuse at our hand for the last seven years.  It is apparently our policy to honor such dedication one every decade.    Since it was announced a couple days ago, the revelation that MS would be actively courting the hardcore boardgame player is something I've thought about almost constantly.  It may be that you weren't aware there was such a thing as a hardcore player of boardgames if your last experience with the context was playing Sorry! with your sister when you were eight.  Things have progressed.   There's a million experiences in this space I could use to lure you in, but one company in particular - Days of Wonder has already decided to make electronic variants of their tabletop crack, so they occupy a twilight space between the worlds.  I hope they see an opportunity to take their (already completed!) games over to the 360, or that Microsoft offers them a locked case containing an unspecified amount of untraceable U.S. Currency, because I'd love to see this prescient move by MS turn into a new era.   Days of Wonder makes a game called Shadows Over Camelot that could quickly become a dangerous obsession, obscuring biological realities with a single-minded focus on grails.  Well, grail I guess.  There's just the one.    But it's a completely cooperative boardgame, so every player is working toward the same goals - fighting back invasions, questing, all of it.  Except there might be a traitor in the group, determined by a hidden draw, who tries to derail the effort.  He's not always there, but the potentiality of that nefarious force can create unbelievable social tension.    The gaming table's fixed coordinate in space is its asset and its obstacle - managing space and time is actually the primary challenge of any gaming group, as opposed to banishing necromancers, though that also ranks up there.  Boardgames are so rich in design that, when one of these gets dropped in front of them on Live, I think many gamers will be shocked at their sophistication.    My thumbs hurt.  (CW)TB out.
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There are smart moves, and there are stupid moves. For some reason, IBM is selling ThinkPad, the best business notebook brand name, to some Far East discount outfit. That can't be a smart move. As a nonsmart counter-move, I figured I'd better break down and buy one of the darn things before none were left. So I did.ADVERTISEMENTWhite paper: Solutions to Address IT Control RequirementsLearn how BMC Software Solutions address requirements such as the Sarbanes-Oxley Section 404 in this 20 page whitepaper!
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The Motley Fool - I have vivd memories of a certain consulting engagement where I resided at a one-star motel (having put off making my reservations until the last minute). While the staff was excellent, the motel was a bit lacking in terms of ironing boards and conditioner -- nothing the nearby CVS couldn't solve.
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I was in the audience yesterday when the one dramatic moment of the conference took place. Scoble was on stage. Mike Arrington was sitting to my right in the front row of the second section (on the right). Mike showed me a piece he was writing, and I gulped. It said Scoble was leaving Podtech and probably going to FastCompany to start a TV network for them. Since Scoble is my friend, I knew that there was some truth to this, but was disappointed to see it was coming out, esp at a moment when Scoble wouldn't have a moment to think and consult with friends before formulating a response. HIs laptop screen was being projected as we watched him edit his comment on TechCrunch. At one point Mike asked if I thought he knew we could see what he was typing. I didn't think he did. Anyway, Scoble lets it all hang out. And somehow he gets away with it. What would kill most people just stings him, and he smiles through it all, in his bumbling Scoble-like way, and it always amazes me how he makes lemonade out of the lemons. This isn't the optimal way to announce you're leaving a company, and his deal with FC isn't final yet. But somehow I think he'll navigate this transition and come out in a better place after the dust settles.
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Costco turns in a great quarter. And yet people seem confused. Funny.
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Tycho:  With PAX coming up this weekend (!!!), we didn't really have time on Friday to invest in Virgil's Wikiscanner - that mystical oracle that takes a raw IP range and then excretes a list of that organization's Wikipedia edits.  This is the pulsing, possibly Martian device that dished up last week's awesome Electronic Arts edits.    I wasn't sure if we should feel sorry for them or not - now that EA is situated in the number two slot, does that make them the scrappy underdog? - but I quickly realized it probably doesn't matter.  They can come right out and say "Yes, we edit it all the time," mischaracterize the nature of the edits, and by the time it's on the second page the events in question never happened.  People don't remember anything these days that isn't on the first page of their feed aggregators. In any case, the entire affair is talking place  on Wikipedia.  Kudzu will grow over the propaganda soon enough.    Though time was indeed in short supply, we did fritter some portion of it pawing through ancient email headers, scraping for filth on old enemies.  Or enemies with whom we have resumed talks.  Or enemies who are now friends!  Even people I hope to make enemies in the future by my careless commentary must fall beneath the scanner's baleful eye.    Like a chugging trawler, we hauled up net after net of treasure onto the deck, sifting it on hands and knees.  I'd never expose it, of course - sparking a desperate arms race to find self-serving commentary is a conflict I'm likely to lose.  And with the deep catalogue of nemeses we've inspired worldwide (and even below the world, in the warrens of the pale Gambrya, where hate is eternal) it's not what I'd call a fabulous scenario.  For us, at least; no doubt, our foes have already begun their malevolent harvest.
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Nice comps report. Too bad about the CEO.
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Novell's quarterly Linux revenue...Santa is scarier than clowns...BeOS and PalmOS people talk Google Android...dumping the Nikon D2Xs for the D300...is Sudoku passe?
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Rumors of a merger make a Foolish investor look brilliant.
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Beware the wily ways of credit card companies.
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TESCO puts in another crackerjack trading performance. Sales, volumes, profits, divi all sharply up. Er, hmm ... whatâs on the telly tonight?