Selling Verizon (VZ) to Make Room for General Electric (GE)

This entry was posted on 20 Mar 2007, 3:59 PM and is filed under ThePanelist,My Portfolio Trades.

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• 22 Mar 2007, 3:13 PM SCOTT wrote:
  I used to have GE, dumped for VZ long ago. It was a good move.
  
  Today, I'm stuck on GLUU, which should improve Verizon's margins quite nicely as the younger generation buys up those games. My Nephews love 'em!
  
  A game provider to Verizon Wireless, Sprint Nextel, Cingular Wireless and T-Mobile USA, Glu Mobile's 2006 revenue nearly doubled to $46 million from $26 million in the year-ago period, but the company has yet to turn a profit. Its net loss narrowed to $12.4 million in 2006 from $18 million in 2005.
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