Watch List for Tuesday 10-10-2006
Over the weekend I stated there were rumors that Google may buy YouTube, the rumors have turned out to be true. Google will pay $1.65 Billion for the Site. YouTube's backbone is powered by LVLT, so keep an eye on this company. I believe we will see upside here.
LVLT - Momentum
http://finance.yahoo.com/q?s=lvlt
Is Level 3 Communications Google's Next Acquisition Target?
Level 3 Communications, Inc. provides communications and information services worldwide. It offers softswitch services, including managed modem for the dial-up access business, wholesale voice-over-IP (VoIP) component services, and consumer oriented VoIP services.
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RFMD - Momentum
http://finance.yahoo.com/q/bc?s=RFMD&t=3m
RF Micro Devices, Inc. engages the design, development, manufacture, and marketing of radio frequency components and system solutions for mobile communications worldwide.
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NEOM - Volume Alert
http://finance.yahoo.com/q/bc?s=NEOM.OB&t=5d
NeoMedia Technologies, Inc. develops proprietary technologies that link physical information and objects to the Internet.