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Gene Chan

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  • Nobody Beats Amazon [View article]
    Gary will buy an inferior product from an inferior retailer at an inferior price to support his own stock...!
    Jan 27 02:02 PM | 1 Like Like |Link to Comment
  • Nobody Beats Amazon [View article]
    Authors like this one has let the popular narrative get to their heads. You can tell when an article is full of anecdotal stories/opinions rather than data.

    As another commentor mentioned, the author probably is not aware that BestBuy gained market share in the latest quarter, and their online business is growing at or exceeds Amazon's growth rate.

    WIth "price-matching", BestBuy's margin is now sitting at TWICE Amazon's margin. Amazon also does not have the scale or cost structure to beat Walmart/Costco in a price war.

    The days where Amazon has a price advantage are over - he hasn't realize it yet. Most of what he wrote should apply to Amazon instead, because they are going to be the ones competing against volume leaders.
    Jan 27 09:48 AM | 7 Likes Like |Link to Comment
  • Delivery watch: UPS, FedEx, and Amazon in focus [View news story]
    Price war in electronics, good news for AMZN. Miss from shipping companies, good news for AMZN. What kind of bizzaro world do we live in?
    Jan 17 12:12 PM | 1 Like Like |Link to Comment
  • Amazon's 'Free Pass' [View article]
    Gary, each time you mention AMZN "surging" or "going up", it actually went down. May be your quote screen is broken.
    Jan 16 04:26 PM | 1 Like Like |Link to Comment
  • Amazon's 'Free Pass' [View article]
    AMZN has negative margin overall, and it's an accounting trick to move most of the costs down to the operating line.

    For example, AWS revenues are recorded at almost 100% margin on the gross line, which is inaccurate as much of the operating costs are incremental. Same goes for fullfillment costs, marketing costs etc.

    The truth emerges if you look at the whole picture, and I think author's article is very well argued.
    Jan 16 04:00 PM | 8 Likes Like |Link to Comment
  • ChannelAdvisor December Data Implications For [View article]
    LOL @ Gary J... Ya look at AMZN "surge" now lol
    Jan 13 02:35 PM | 3 Likes Like |Link to Comment
  • ChannelAdvisor December Data Implications For [View article]
    He did explain why. And actually he explained why again in the article if you read it. See: e-book accounting change.
    Jan 13 02:29 PM | 2 Likes Like |Link to Comment
  • Amazon finds unlikely partner for Sunday delivery [View news story]
    I absolutely agree Amazon is a very well-run charity.
    Nov 11 09:48 AM | Likes Like |Link to Comment
  • Amazon enters 'bloodbath' in Canada [View news story]
    The suicide bomber is coming to Canada!
    Nov 1 01:36 PM | Likes Like |Link to Comment
  • What The Bears Don't Get About Amazon [View article]
    Err in the beginning of author's article, he says he is going to try to "imagine" how much Amazon will make if they focus on earning instead of growth. And then in the end of the article, he applies a PEG multiple on the numbers he came up with? Seems a bit circular to me.

    PEG is meaningless if there is no growth. And in Amazon's case, getting growth means they have no P/E. This quarter they are already expecting to have sub-20% growth and negative earnings. Good luck.
    Oct 17 02:36 PM | 4 Likes Like |Link to Comment
  • Amazon: Much More Profitable Than Perceived And A Foolhardy Short [View article]
    If Amazon stops "choosing" to have low margins, then your stuff will no longer appear on your doorstep "in a day or two". They are able to give you what you want right now only because they don't make money out of it.
    Oct 14 02:38 PM | 2 Likes Like |Link to Comment
  • Amazon: Much More Profitable Than Perceived And A Foolhardy Short [View article]
    As many commenters pointed out, the fundamental flaw in removing depreciation on fixed assets is that Amazon needs to invest in those assets in order to grow. You cannot disregard the cost of growth, and then turnaround and say Amazon has growth.

    Amazon will continue to generate high depreciations from purchase of fixed asset in order to maintain growth rate. If you remove the cost of the fixed assets from your model, then you also have to assume Amazon will have flat revenue or negligible growth going forward.
    Oct 14 02:04 PM | Likes Like |Link to Comment
  • Amazon: Is There A Top In Sight? [View article]
    Who is Trevor and why do we want to know about his wife??
    Aug 13 01:21 PM | 1 Like Like |Link to Comment
  • 3 New Reasons BlackBerry Is Poised To Break Out [View article]
    That would be cool if true, but can you post source of 10:1 ratio? Seems a bit exaggerated.
    Jun 24 12:08 PM | Likes Like |Link to Comment
  • After opening higher, BlackBerry (BBRY -1.6%) has slumped in the wake of another critical note from Deutsche's Brian Modoff. Though believing BlackBerry's FQ1 results (due June 28) could beat estimates, Modoff says BB10 checks have been mixed, with Europe a weak spot. He's also worried about Q5 demand in emerging markets due to possible pricing and app fragmentation issues, and mentions BlackBerry's U.K. managing director "abruptly left the company this week." (previous[View news story]
    Well, desperation does inexplicable things to people's heads... What Modoff @ DB is experiencing right now is clinically defined as "Cognitive Dissonance".
    Jun 17 03:08 PM | 12 Likes Like |Link to Comment