Wednesday, July 28, 2004
SKINNY KID WITH FUNNY NAME BEATS EXPECTATIONS
By Tweed
Barack Obama, Illinois Democratic candidate for the U.S. Senate and self professed skinny kid with funny name, beat expectations yesterday delivering a compelling speach about Democratic candidate John Kerry and the Democratic Party. Obama's rehtorical skills took many by surprise, and left many, who bet Howard Dean's speach would be more valuable, scrambling to recover their loses.
Obama Stock is Rising
"I really thought the yeller would have a good convention speach and at least meet analysts' expectations," said one investor. "I thought I was playing it safe."
Many republican investors, betting against the success of Obama, took a big a hit. "I wash sure that Dean was their guy, that he would really pull through with a good speach - but after a lot of hype and great movement before the opening bell of his speach he fell flat," said one GOP operative. "Where are my sound bites about the U.S. not being safer?"
Analysts note that many initial offerings eventually fall flat after initial hype, and that Obama's true test will come as the market has a chance to review longer term performance. "Time will tell whether Obama's successful offering was the prelude to a great investment," said Pilsbury, LB in 04 political commentator. "But his fundamentals look good - which was Dean's problem."
In related news, Obama rebuffed overtures from the GOP market, noting that it did not offer enough portfolio diversity for index investors; investors Obama is trying to lure.
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By Tweed
Barack Obama, Illinois Democratic candidate for the U.S. Senate and self professed skinny kid with funny name, beat expectations yesterday delivering a compelling speach about Democratic candidate John Kerry and the Democratic Party. Obama's rehtorical skills took many by surprise, and left many, who bet Howard Dean's speach would be more valuable, scrambling to recover their loses.
Obama Stock is Rising
"I really thought the yeller would have a good convention speach and at least meet analysts' expectations," said one investor. "I thought I was playing it safe."
Many republican investors, betting against the success of Obama, took a big a hit. "I wash sure that Dean was their guy, that he would really pull through with a good speach - but after a lot of hype and great movement before the opening bell of his speach he fell flat," said one GOP operative. "Where are my sound bites about the U.S. not being safer?"
Analysts note that many initial offerings eventually fall flat after initial hype, and that Obama's true test will come as the market has a chance to review longer term performance. "Time will tell whether Obama's successful offering was the prelude to a great investment," said Pilsbury, LB in 04 political commentator. "But his fundamentals look good - which was Dean's problem."
In related news, Obama rebuffed overtures from the GOP market, noting that it did not offer enough portfolio diversity for index investors; investors Obama is trying to lure.
