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Bill Maurer

 
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  • Apple Proves Again It's Number One [View article]
    Remember too, that Watch sales won't start until 2015. So where it is placed for this quarter is meaningless.
    Oct 21 12:59 PM | Likes Like |Link to Comment
  • Concerns Over Google's Earnings Results Are Way Overblown [View article]
    The next earnings report will be very interesting because after another miss, we might have estimates drop too much, giving Google the chance to beat.

    Also, we are just over 5 months away from Class C shares losing their protection, which has kept the Class A premium around $10-$12. Once that anniversary date hits, one might think that the spread will start to widen again.
    Oct 21 10:33 AM | 1 Like Like |Link to Comment
  • Apple Proves Again It's Number One [View article]
    That was CNBC.com's headline.
    Oct 21 09:05 AM | Likes Like |Link to Comment
  • Philip Morris: Improvement Reaffirms Faith [View article]
    Current ratio = current assets / current liabilities
    Working capital = current assets - current liabilities

    Current ratio less than 1 = negative working capital.

    You can't have a negative current ratio, it means you would have negative assets.
    Oct 20 03:38 PM | Likes Like |Link to Comment
  • Hey Google, Thanks For Nothing [View article]
    Only one top and bottom line beat in last 12 quarters, yes, that is terrible.
    Oct 20 06:51 AM | 1 Like Like |Link to Comment
  • Hey Google, Thanks For Nothing [View article]
    With the average price targets where they were pre-earnings, Google needed to beat. It didn't, so those targets have been cut. When you are a technology giant and want to be the largest market cap company in the world, you can't keep missing.
    Oct 20 06:49 AM | 1 Like Like |Link to Comment
  • Hey Google, Thanks For Nothing [View article]
    They cut their EPS average by 20 cents and Google still missed by a mile. That's on the company, not the analysts. Maybe if the company could boost its bottom line, things would be better. Perhaps buy back some stock and not dilute shareholders further hurting EPS.
    Oct 20 06:48 AM | 2 Likes Like |Link to Comment
  • Cisco Pullback Presents An Opportunity [View article]
    Well, when he took over, shares were at a split and dividend adjusted $1.75 (give or take a few pennies). I'd say that's not a bad return.
    Oct 18 03:44 PM | Likes Like |Link to Comment
  • Intel: Good But Not Great [View article]
    Initially, I see costs from 14 nm being a bit higher. Plus, I see more of the smaller devices hurting PC sales.
    Oct 17 09:00 AM | Likes Like |Link to Comment
  • Apple Earnings Preview: All Hail The iPhone 6 [View article]
    Remember, Apple likes to be conservative. Also, the company sold 26 million iPads in last year's holiday quarter. I don't see that kind of demand given how many people want the iPhone. There are just too many tablets out there and I don't see as much need to refresh them. Plus you have items like the Surface that are probably hurting iPads more than Macs.

    But it really depends too on how many iPhones were counted as "sold" in fiscal Q4. If Apple comes in at $39 billion in revs, sure Q1 guidance could be higher, but if you see a say $41 billion headline revenue print, expect Q1 guidance to be lighter.

    Just a few items for thought...
    Oct 16 03:53 PM | 1 Like Like |Link to Comment
  • Apple Earnings Preview: All Hail The iPhone 6 [View article]
    Until we get more details, it's hard to estimate the financial impact.
    Oct 16 09:55 AM | Likes Like |Link to Comment
  • Netflix: Key Points The Bears Miss [View article]
    Revenue and earnings numbers were fairly decent, despite sub misses. Likely to see pressure in short-term, but could be opportunity for those that believe in the long-term story.
    Oct 15 09:01 PM | Likes Like |Link to Comment
  • Intel Has 17.8% Upside: Long-Term Growth Potential Intact [View article]
    Okay, that makes sense. Yeah I also added in the restructuring and amortization expenses, partially offset by the equity gains. It just looked a little messy if you translate what they've done through 3 quarters and combine it with the Q4 guidance as to your annual totals.
    Oct 15 07:43 PM | 1 Like Like |Link to Comment
  • Intel Has 17.8% Upside: Long-Term Growth Potential Intact [View article]
    I'd be interested in what expiration he was targeting. If he's betting that the market has not bottomed yet, then INTC puts may not be a bad idea. But I'd be wary buying puts that are longer term, as I do believe INTC is eventually headed higher.
    Oct 15 07:37 PM | 2 Likes Like |Link to Comment
  • Intel Has 17.8% Upside: Long-Term Growth Potential Intact [View article]
    Fair article - Couple of questions though:

    You said - "Looking over the current quarterly results, revenue came in at $13.8 billion, which beat consensus revenue estimates at $13.7 billion." - Didn't they come in over $14.5 billion?

    Also. Looking at your model, I see a couple of things that seem off. First, you have $19.3 billion for operating expenses. Intel had $15.1 billion in the first 9 months of the year and guided to more than $5 billion in Q4. Do you see them coming in at roughly $800 million below expectations?

    Second thing is the taxes. If that is true, you have them paying about twice as much taxes in Q4 as they did in Q3. Also think the diluted share count will be a bit higher.

    Just wondering because if I run your net income model, I get about $0.50 in EPS in Q4, well below the $0.62 the street has, and the $0.65 I calculated using Intel's guidance.

    So my overall question is that an original model or an updated one?
    Oct 15 07:18 PM | 1 Like Like |Link to Comment
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