Yesterday, I was in Little Havana smack in the middle of Palo Alto. The Executive Ranch of Ridiculousness (www.executiveranch.net) threw another monster party. This one had a Cuban theme and started early around 2pm and went till who knows when. The party was a blast, plenty of food, beers, cocktails, and even a variety of cigars. I overindulged, and today I paid for it. Being hung over for most of Sunday afternoon is not my idea of fun.
Now that I've fully recovered, let's talk a bit about Apple. Frankly, I'm surprised that the Intel rumors turned out to be true. The Wall Street Journal reports that Jobs will be announcing the news officially on Monday. I see this as a long-term good move, but in the short-term, there will be some serious obstacles. I guess for right now, I'll be keeping an eye on how the market will take the news. Not sure if I want to re-establish a position or not. And, if I do, I'm not sure at what price. Futures look strong right now... looks like that AMAT position of mine will continue to bring the pain. Boo!