MarketFoolery: 05.29.2012

MarketFoolery

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4.7 • 1.7K Ratings

🗓️ 29 May 2012

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Samsung launches its Galaxy S3 phone in Europe. And Facebook works on its own smartphone. Our analysts discuss those stories and talk about the business of genome sequencing.

Transcript

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0:00.0	It's Tuesday, May 29th. This is Market Foolery. I'm Cressel joining me in studio today for
0:07.3	million dollar portfolio, Charlie Travers, and from Motley Fool Inside Value, Joe Meager.
0:12.0	Gentlemen, happy Tuesday.
0:14.0	Hello.
0:14.5	Good long weekend, everybody?
0:15.8	Excellent.
0:16.8	Yeah, I had my nose stuck in a textbook.
0:19.2	That's right.
0:20.8	You're studying for some exam that you're not going to pass right for an exam
0:24.6	spoiler alert probably not going to pass the CFA exam which no one at the office
0:29.2	cares about and half the material has nothing to do with equities which is always spend my time on so I'm
0:34.6	feeling really good about it.
0:35.6	Awesome.
0:36.6	I smoke some ribs.
0:37.6	All right, we have a whole lot going on in the world of mobile phones, and we are going to dip into the
0:45.0	fool mail bag, but let's start with that mobile phone industry.
0:48.3	A bunch of headlines to get to.
0:50.3	Research in motion is preparing to lay off another 2,000 employees.
0:54.0	Samsung launched its Galaxy S3 phone in Europe earlier today.
0:59.0	And the New York Times is reporting that Facebook, yes, Facebook is looking to recruit engineers from
1:04.7	Apple to work on its smartphone initiative. Reportedly that is with HTC and has the
1:11.3	code name Buffy. So we'll just put the code name Buffy.
	...

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