Hot Tickets From the Alliance
Each week Alliance members submit "Hot Tickets" as a way of presenting new observations and ideas on investable opportunities to ChangeWave.
* Note: These Hot Tickets are for informational purposes only. They do not represent recommendations from ChangeWave.
(1) Unified Computing
RCE12698 writes: "Cisco (CSCO) is set to enter the server business using VMware (VMW) ESX virtualization software. The goal of Cisco's 'unified computing' solution is to virtualize the network, storage and servers. By unifying everything around Ethernet, this could drive the growth of virtualization in data centers and help deploy cloud computing quicker."
(2) Getting Movies From a Box
AZS0989 writes: "I have been noticing Redbox kiosks in several locations and they seem to be quite popular with customers. These video dispensing machines are in popular locations such as Walgreen (WAG) and McDonald's (MCD) -- with DVD rentals for only a buck a movie. Owned by Coinstar (CSTR), it will be interesting to monitor the expansion of these kiosks, as they fit quite well with the idea of providing entertainment while minimizing costs. It may even give Netflix (NFLX) a bit of competition."
(3) More on the Housing Market
DAR02783 writes: "I've been reading some hype about big increases in loan applications as if to say things are looking up. As a real estate appraiser, here are some facts showing that the economy is not looking any better. Applications are way up, the highest since the boom in 2003, but only about 30% of borrowers can qualify for a loan. And if they do quality, it is not for the lowest rate.
"A vast majority of borrowers have FICO scores under 700, and almost all loans require private mortgage insurance (PMI) at an additional cost. A minimum FICO score of around 720 and a 20% down payment are required for the best deals. FHA loans offer better deals for people with less than 20% down, and they account for 20% of existing mortgages -- up from 3% in 2006."
(4) Braving the Snow for a Good Steak
ALL09814 writes: "Even in these recessionary times, Logan's Roadhouse is full every time I go -- even in snow storms. It has a unique, rustic decor with excellent service and food. The menu includes terrific salmon, steak, imaginative side dishes and excellent deserts -- all at reasonable prices. Plus, the manager checks on everyone to ensure they are happy. I believe this place should survive the downturn."
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