A Yahoo! Tidbit and a Cray Tidbit

Financial Times reported this morning (02011.12.29) that Alibaba Group has hired a U.S. lobby firm to help it acquire Yahoo! Inc. I've lost patience with YHOO as a shareholder; nonetheless, I don't want a major Internet company like Yahoo! becoming a Chinese company. YHOO closed yesterday (02011.12.28) at $15.78. 52-week range: $11.09 - $18.84.

It's been a while since I wrote anything about Cray (CRAY). Today, 02011.12.29, hit $6.66 (it's a number thing). Yesterday (02011.12.28), CRAY closed at $6.60. 52-week range: $4.96 - $8.38. Back on 02011.12.01, SeekingAlpha.com had a posting about Cray Inc. titled "Cray's Big Contract Wins Not Priced In" and on that day CRAY closed at $5.99. The SeekingAlpha.com posting by Vince Martin ended with the following: "But the company's expertise and strong balance sheet make Cray stock worth owning. Disclosure: I have no positions in any stocks mentioned." D'oh! At $6.60, CRAY has a PSR (price-sales-ratio) of 0.64. Balance sheet wise, Cray has $2.50 per share in cash and $0 of debt.