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Andy Serwer Commentary:
Street Life by Andy Serwer Column archive
3 stocks: 2 buys and a bye
Take a pass on Blackberry, even if it wins ... but think about Heineken and Microsoft.

NEW YORK (CNNMoney.com) - Here's three to think about Wednesday ...

RIMM: The latest on the Blackberry wars. Now a judge says that he will not hold special hearings on whether government employees would be exempted in the event of a Blackberry shut down. Whoopee! Actually this makes sense. Why should some low-level Justice Department flunkie get to keep his Blackberry while a pediatric surgeon loses hers??? Capiche?As far as the whole battle goes ... NTP and RIMM should just settle already. Here's what should happen: The judge should send the deal to binding arbitration. If NTP wins they should have to use the money to actually make a device (ha!). And they should have to shut down. And if NTP loses, they should still have to shut down. They're stick up artists! As for RIMM the stock (Research), it will probably go up after this is over, which will be soon. But I wouldn't chase it. Too much competition.

Video More video
Heineken Premium Light is being introduced next week. CNN's Andy Serwer reports. (February 24)
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HEINEKEN: I'll be honest here. I have a huge conflict of interest. I like Heineken, (yes the Dutch beer). I buy Heineken. I drink Heineken. Especially those cool little mini-keg cans. So, apparently, do millions of others. Heineken reported that its earnings climbed 19 percent to over $900 million for the full year 2005! The fourth largest brewer said '06 looks good too: Beer sales will climb and premium will be chugged more. You can buy Heinie ADRs (American Depositary Receipts) here -- ticker HINKY.PK (Research) -- or buy the original in Europe. A good business. Trust me, I know....

MICROSOFT: Look up the word Vista in the dictionary and you will find this definition: "A distant view or prospect, especially one seen through an opening, as between rows of buildings or trees." Well Microsoft just gave us a little inadvertent view of Vista ... its new, much anticipated operating system. Beast of Redmond apparently posted information about the new OS on a website by mistake. Quickly yanked it down. Oops! ... Here's the bottom line: the new OS which will replace XP, is a big deal, but it won't move the stock. MSFT (Research) has traded in a band for over three years. And it has been getting cheaper as its earnings grow. At some point the stock will get moving although the catalyst to do so is unknown right now. My take would be to get in before it becomes visible. Or maybe the company will just pay out more cash to shareholders.

Loose Change: Was in Boston over the weekend and saw Peter Lynch on the street walking across Boston Common. How very Boston! Also went to LA Burdick in Cambridge. Best dang hot chocolate in the world...http://www.burdickchocolate.com/....

_______________

E-mail Andy Serwer at serwer@fortunemail.com. Top of page

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