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E.W. Barnaba

 
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  • A Very Good Business At A Below Average Price Makes Intel A Strong Long-Term Buy [View article]
    Intel might be behind the curve on mobile, but don't forget that they're leading the pack on the other big tech revolution: the cloud.

    The cloud has to be stored on physical servers somewhere. And Intel dominates the market for the chips that run those servers.

    Plus, they've just started to really play hardball in the mobile market. They're late to the game, but they're hands down the best chipmaker in the world. It's only a matter of time before they become a major player in phone and tablet space.

    It might take some time for this to really impact their stock price, but they're on the Dow. Mutual fund inflows into Dow based funds will provide support at or just below current price levels as long as the Dow remains bullish.

    Buy now and collect your dividend until the market gives it a fair valuation.

    If it drops significantly, buy more: it's on sale.
    Mar 29 10:11 AM | Likes Like |Link to Comment
  • LifeLock: A Buying Opportunity For The Best Growth Stock You're Not Following [View article]
    On second thought, I do know that management has been awarded options with strikes at 11 that are exercisable in about a year.

    So if nothing else, I don't see them dumping their shares anytime soon.
    Mar 28 06:29 PM | Likes Like |Link to Comment
  • LifeLock: A Buying Opportunity For The Best Growth Stock You're Not Following [View article]
    It all depends on who holds those restricted shares, and their outlook for LOCK's future.

    All I can say with certainty is that it will cause the price of the stock to fluctuate.
    Mar 28 05:09 PM | Likes Like |Link to Comment
  • Netflix's Second Growth Story [View article]
    I agree that Netflix has the potential to grow into its valuation, but it depends more on the success or failure of its expansion into international markets than on its experiment with original content. It would trade at 25 times earnings today if Reed Hastings just axed the international streaming segment of the company.

    You can read my own article on the company via the link below if you're interested.

    http://seekingalpha.co...
    Mar 28 03:15 PM | Likes Like |Link to Comment
  • Seeking Alpha Trading Survivor Contest [View instapost]
    Oh man, you lost more money than you had. And I thought I'd be at the bottom of the list for sure with my Best Buy short.
    Mar 28 03:09 PM | Likes Like |Link to Comment
  • Seeking Alpha Trading Survivor Contest [View instapost]
    So if no one makes it past this month, does that mean everyone who survived February tied for first?
    Mar 28 03:00 PM | Likes Like |Link to Comment
  • Salesforce.com And Symantec: Still Growing, Just Slower, Buy On Dip [View article]
    In regards to why CRM continues to rally, don't forget that a lot of the "unsophisticated investors" buying the stock are sales and business professionals who rely on Saleforce.com's products every day. To them, it seems like common sense to invest in what they know. And unless you actually look at the quarterly filings yourself, you'd never know that the company wasn't profitable.

    The cheer-leading analysts who undoubtedly do look at those filings and continue to push the stock on ignorant buyers should be ashamed of themselves. They saw this movie before in the late 90's and they know how it ends.

    Spoiler alert: A lucky few make a fortune at the expense of many who see their retirements fading away.

    And to the author: I believe that your mistake with CRM's EPS was just that - a mistake. But don't try to fake your way through class if you didn't do your homework. It makes the rest of us look bad, and it hurts your own credibility.
    Mar 28 02:51 PM | 2 Likes Like |Link to Comment
  • Mar. Chicago PMI: 52.4 vs. 56.1 expected, 56.8 prior. [View news story]
    One data point doesn't mean anything in the grand scheme of the U.S. economy. Jobless claims, PMI, CPI, housing starts - all of these numbers should naturally fluctuate. You can't make any meaning out of them until you have enough data points to determine a longer-term trend.

    More than anything else I think the undue amount of attention paid to these numbers in isolation and not in the context of broader trends is an example of how the 24 hour news cycle dilutes the value of the news.
    Mar 28 02:29 PM | 2 Likes Like |Link to Comment
  • A Very Good Business At A Below Average Price Makes Intel A Strong Long-Term Buy [View article]
    Investors are skittish because the writing's on the wall in regards to the secular decline of the PC industry. This is a very uncertain time for the chip makers, since some of them most assuredly won't survive the transition into a more mobile computing world. Just look at AMD.

    Once it's clear which companies don't stand up to the test of natural selection the "last men standing" should take off nicely. But until it becomes more clear how this is all going to shake out I wouldn't be surprised to see these companies continuing to trade at cheap valuations relative to the broader market.

    We all know how much investors hate uncertainty.
    Mar 28 02:20 PM | Likes Like |Link to Comment
  • Salesforce.com - Sometimes Hype Just Isn't Enough [View article]
    When reading the Q&A section of the Salesforce.com conference calls I'm reminded that the analysts work for the sell-side, and are very much in the business of being bullish.

    Never forget that they're not your friends, they're your competition. At the end of the day investing is a zero sum game - your gains must necessarily come from someone else's losses.
    Mar 28 02:02 PM | 2 Likes Like |Link to Comment
  • A Very Good Business At A Below Average Price Makes Intel A Strong Long-Term Buy [View article]
    I've been watching Intel for a while now, and in my opinion it's the best buy in the Dow right now.

    Low P/E + wide competitive moat + attractive yield + share buybacks + growth into the mobile and tablet markets = a good investment.
    Mar 28 01:44 PM | 4 Likes Like |Link to Comment
  • LifeLock: A Buying Opportunity For The Best Growth Stock You're Not Following [View article]
    You have no idea how long it took me to make sense of the pre-IPO conversions. The information is scattered across multiple sections of the 10-k.

    The costs associated with the conversions are in yet another section.

    And the payments made to preferred shareholders are found separate from the conversion ratios and share counts.

    Easily the most confusing annual report I've read.
    Mar 27 09:46 PM | Likes Like |Link to Comment
  • LifeLock: A Buying Opportunity For The Best Growth Stock You're Not Following [View article]
    That's a fair enough criticism. If you don't mind my asking though, which of their services did you enroll in?

    I ask because their "Ultimate" service specifically provides credit scores and credit reports as a part of the package. Seems like they'd have to access your credit card info in order to do so.

    It's good to hear from a member of the dissatisfied 13% though.
    Mar 27 09:30 PM | Likes Like |Link to Comment
  • LifeLock: A Buying Opportunity For The Best Growth Stock You're Not Following [View article]
    Like I said, there are other companies that offer identity theft detection. But none that I'm aware of that offer identity theft protection. If you know of any others that do, let me know. I'd love to do a little more research and write a follow up piece after LOCK's next earnings statement.
    Mar 27 12:41 PM | Likes Like |Link to Comment
  • Party Like It's 1999: 3 Tech Stocks To Avoid [View article]
    You're right that about 1/2 of LinkedIn's revenue comes from employee recruitment, which is quite profitable.

    Doesn't change much about their ridiculous stock valuation though.

    LinkedIn is the kind of company I'd want to own if it had a reasonable share price. Its got good prospects for future growth, its got a good brand, it's the leader in its space, and its products and services fill a basic need in the business world.

    In fact, the only problem I have with LinkedIn is its stock price. But that $19 billion valuation is quite a hurdle to get over.
    Mar 20 02:45 PM | 1 Like Like |Link to Comment
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