Bapcha's Stocks. The best insights into Silicon Valley & bio/pharma stocks, companies and their management.

With the meltdown on Dalal Street [the Mumbai Stock Exchange], it’s important for even ordinary citizens to understand the terminology bankers and brokers use. Here’s a start. CEO — Chief Embezzlement Officer CFO — Corporate Fraud Officer BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius. BEAR ...

Dear Jerry: You are the CEO of a successful company – with $7 Billion a year in revenues, and profits after taxes of almost a billion. Your company, in the quarter ended Sep 30, 2008 had more revenues than it did in all of 2003.  Sure, Yahoo’s operating income for the referenced quarter was half ...