The Casone Exchange
  • June 16, 2009 12:26 PM EDT by Cheryl Casone

    Best Guess Tuesday: Web Version

    Today we did not get to three of our five best guesses, but I have to say it's always worth it, especially when Stuart accuses me of calling him cheap, which I basically did!  He's the best, and here's the  best guesses from Tuesday's show:

    CHERYL CASONE: The new stock issued by General Motors after bankruptcy is completed will be a low volume, low interest trade that most institutional investors will refuse to touch.  Government Motors is not a free market entity and GM and secondarily Chrysler are gone as we know them.  Plus, the same cash burn issues that hurt them before will hurt them again.

    STUART VARNEY: Computing is clearly going mobile. The new iphone, the new Blackberry and the new Palm Pre are all selling well, suggesting there is plenty of room for growth in several competitors. The loser is static computing, like the lap-top, where sales forecasts are bleak.

    CHRIS COTTER: I've considered buying American... a GM, a Ford, or a Chrysler...But my best guess is that my next vehicle purchase will be a Swedish vehicle... A Koenigsegg... I like the 1000 horsepower CCRX... Now I just need to find the $2.2 million to pay for it...

    Computer sales are down because people are waiting for Apple and Microsoft to release new operating systems.

    TOM SULLIVAN: Apple will have a strong 3rd quarter due to its release of its operating system, Snow Leopard, in September.  And, Microsoft, Dell, HP, etc., will have a strong 4th quarter with the release of Windows 7 on October 22nd.

    SEAN O'HARA, PRESIDENT, REVENUE SHARES ETF'S: Over the next several years, we will have greater than average equity returns, probably by a lot.

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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