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George Anast, M.D.

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  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    Oh, Grete, sort of a lame joke…Were I to share a room with a female "Greta ?" I'd want the king sized bed. With a male "Grete", the twin beds. The name "Grete" I've never heard before. Tell me about it..
    Aug 25 08:26 AM | Likes Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    I don't mind sharing a room. "Greta." One King size. Grete, twin beds.
    Aug 24 10:55 AM | 1 Like Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    Late summer is often the doldrums for the market. This is certainly true for ARCAM. Trading has been desultory at best with volumes down significantly both in Sweden and the U.S., or has the stock fallen out of favor? Hard to say, but the realities have to be recognized. With no orders for two months, and no significant news on the investment side one begins to wonder. Third quarter results will most likely be grim. Perhaps we should stop thinking about the whole issue and take Jimmy Roger's advice: Go to the beach. Grete, don't forget the suntan lotion !
    Aug 24 07:55 AM | 1 Like Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    GVI mentioned a possible large order hinted by Magnus in his first quarter report. Now Gary suggests the same via a release from GE. With the third quarter now half over, the outlook is guarded. Let's hope the big order turns up soon.

    I seem to recall that ARCAM was obliged to report orders under Swedish regulations. If that is not so, perhaps there ARCAM is party to a news blackout agreed upon while M&A negotiations are under way. Bottom line, none of us have any real inside information.

    Monetarius always said that one should not discuss the harvest till the grapes are off the vine. We could learn from him.
    Aug 19 02:46 PM | 1 Like Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    Dear Grete,

    I can see you are troubled by events surrounding ARCAM. Lacking facts and information about the company, I suggest you turn to simple faith, as have all men throughout history when confronted by the unknown.

    At a time like this, prayers to St. Monetarius, the patron saint of investors may be of great help, and offer you peace instead of turmoil.

    Monetarius was born in Rome around 350 A.D. The second son of a blacksmith he had only minimal schooling except for his father’s trade. He entered military service in the Roman Legions from which he was discharged honorably after serving in a transportation battalion. Having dealt with reliability problems with chariot wheels, he took over his ailing father’s shop and developed a new wheel system using a left hand bronze thread mount fro the left wheel and a right hand thread for the right he all but eliminated wheel loss.

    He became a major supplier to the Roman Military and operated for years under the company name of “Circulus.” He invested a major portion of his profits in real estate in Rome and surrounding areas, only to be wiped out by the invasion of the Goths and the fall of Rome. Denarius-less, he was taken in by a Christian brotherhood growing grapes in Apulia. There he taught the brothers the double entry book keeping system that allowed them to prosper, shipping their wine though-out the failing empire. At a very advanced age, he died in Apulia around 440 A.D. He was canonized by Pope Silverius in September 536.

    Monetarius’ teachings about money and finance were recorded at the Monastery, by scribes, and formed the basis for an investors cult that arose in the seven hundreds, but was largely forgotten until the Renaissance when the writings were re-discovered and popularized in Venice. Monetarius taught that you were better off burning your money rather than making bad investments. He felt that if you wanted to get rid of your wealth, better to burn it yourself rather than giving it to someone else promising gains under false pretenses.

    Any flame source, or incinerator serves as a temple to Monetarius. Your offering can be any amount: ten S.E.K, two Euros, or five bucks American. Toss it in the fire and call upon Monetarius to give you guidance. If he acknowledges your offering, he will come to you in a vision within three days. A study at the Wharton School of Business found this technique to be equally as good as reading the Wall Street Journal, Barron’s or the Financial Times. Studies on “Seeking Alpha” are under way. Early results are equivocal.
    Aug 18 11:12 AM | 2 Likes Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    Gary gets around and talks to lots of folks in the business. He will more than likely have worthwhile comments.

    The economic conditions in Europe continue to be less than favorable. Even Germany is showing some signs of slowdown in the economy. The business climate is, to use a weather related term, "inclement." Arcam has gone since mid-June without an order. The last two machines were ordered by DiSanto and are sort of "inside" orders. With no orders for seven weeks, and with the quarter over half gone, the Q3 numbers may well be less than outstanding: they might even be terrible.

    Jimmy Rogers often suggested, when things got this confused, going to the beach. Get a cool drink, watch the girls, but don't feed the sea gulls.
    Aug 12 12:26 PM | 2 Likes Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    The stock is getting a bit of a "pop" today for some reason. Nothing new on the company website, but there are some issues of note going on generally.

    New numbers from Europe show Germany the only country growing its economy, thought at a slower rate than in the immediate past. The EU central banks are concerned about the deflationary trend and are giving some thought to a quantitative easing program similar to what the Fed has done in the U.S.

    This all reads as poor economic news in Europe and secondarily in the U.S., as the economies are closely related. This may be an underlying issue with ARCAM: it is a victim of economic circumstance, not competition or technologic inadequacy.

    Perhaps we should all assume a stance of "watchful expectancy" and see what the immediate future brings. Do not buy, sell, or hold. The best action is often just inaction.
    Aug 7 07:44 AM | Likes Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    The writers on Yahoo are sincere folks, but no wiser that we. They are making the same observations. Without some first hand knowledge we are just making word salad with opinions.
    Aug 3 05:15 AM | 1 Like Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    Grete, predictions are very hard to make, particularly if, you are talking about the future. That's why history is so satisfying: you are predicting the past, and that is more reliable.

    It will take a little time to see what the market is up to. This may have been just a mild correction. The market is a bit overblown in places and I suspect there are more than a few investors who have decided to take a little money off the table.

    ARCAM is a bit enigmatic at this point. With no orders for over a month one begins to wonder. Of course, with machines costing a million dollars they don't exactly fly off the shelf. Considering the overall pickup in industrial activity world wide, one would expect at least a few orders. A cause for concern then is whether ARCAM's niche is so small, they've filled it already. Very hard to say. Our problem ? No one on this site seems to have any inside knowledge of ARCAM. Lacking such information we are all just blowing bubbles. Idle chatter, gossip, speculation and guesses. At least it keeps us at the computer and off the street as well as out of the taverns.
    Aug 2 12:10 PM | 2 Likes Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    I have long since sold my 3D. I never liked the company and could not see a good future for a firm whose chief product is acquisitions. And, too, Grete, you must remember that when the police raid the disorderly house, they arrest the good girls along with the bad ones. Argentina is upsetting the animals in the investment cage today. It will be a bit better tomorrow.
    Jul 31 10:25 AM | 1 Like Like |Link to Comment
  • The Amazon Fire Phone Will Fail [View article]
    Jeff Bezoa is taking a monumental risk, but i expect it is calculated. I have no insight into Amazon's finances, but I understand they may be stretched. Seneca once wrote that there is no finer sight than a good man struggling with adversity. Bezos may have gone too far, but if he didn't, we all have something to learn. Let's see what happens.
    Jul 30 04:38 PM | Likes Like |Link to Comment
  • The Amazon Fire Phone Will Fail [View article]
    This reminds me of an apocryphal story about the English wit and author, Oscar Wilde. When asked for his opinion about changes in society he replied that he was all in favor of progress, but in his opinion it had gone too far.

    Changes wrought by Amazon and Walmart are phenomenal, particularly the latter. Small local business has all but disappeared in the rural part of Wisconsin where I live, and it's not coming back. Most all of my friends shop Amazon for everything they don't need this afternoon. Second day delivery is free regardless of the cost, if you use the PRIME program. For an additional $3.99 they offer next day delivery. The savings in time and aggravation makes the Amazon program very, very attractive, and the Firephone will just make it easier. No one here, if they area aware of the service is going to drive five miles in the snow to buy something that may be out of stock, or unavailable when with a few clicks you can have it at your door step in less that 24 hrs.

    Walmart and Amazon are the Paladins of Shumpeter's creative destruction.
    Jul 30 04:16 PM | Likes Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    GVI has been on vacation. I'm sure he's back now, but probably trying to dig out of three weeks e-mail along with all the other job related issues that can accumulate in 21 days. Now rested and refreshed, perhaps he will offer us new insights. GVI, are you out there ?

    Let's all go on the assumption that no news in good news. Perhaps Magnus is working on a big deal for multiple machines and is waiting for the just the right time to spring it on us. Or, if you like conspiracies, he's working on an M&A deal with an agreed upon news blackout.
    Jul 30 11:28 AM | 1 Like Like |Link to Comment
  • The Amazon Fire Phone Will Fail [View article]
    I agree, Andreas, with one slight caveat.

    I think this is a very sophisticated tool, a cart, and a portal to the Amazon experience, with the phone thrown in as a convenience. My Kindle Fire can access Amazon, but the browser is a bit awkward. I use the Kindle a lot, but when I carry it, I also have to carry a phone. It would be nice to have it all in one device. My caveat? An old saying: "A disadvantage of being great is that you are frequently misunderstood." Jeff Bezos has taken aim at a target we cannot even see. If he hits it, his reputation as a visionary entrepreneur will be permanently and irrevocably established. Let's all wait and see..
    Jul 30 10:49 AM | 1 Like Like |Link to Comment
  • 10 Reasons Arcam AB Remains A Strong Buy [View article]
    We are all at the mercy of the "media." GE is, according to what you read, making their nozzles with EOS equipment. I have no idea of the stresses involved. EBM produces parts with virtually the same characteristics as a forging and hence is perfect for highly stressed parts.

    According to the MF article, GE already has ARCAM equipment that came from the Morris acquisition. Investing here gets to be like separating the fly droppings from the pepper. Maybe we should be buying pepper futures.
    Jul 23 07:47 AM | 1 Like Like |Link to Comment