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Jacob Steinberg

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  • Dow Will Be Closer To 14000 By The End Of 2012 [View article]
    The problems in Europe will not be solved within my life time, however markets will learn to "live with it" sooner or later.
    Jun 25 04:57 PM | 0 Likes Like |Link to Comment
  • Statoil Is Dirt Cheap Again [View article]
    I'm a long term investor. Short term concerns only create buying opportunities in my opinion.
    Jun 25 02:15 PM | 2 Likes Like |Link to Comment
  • Amazon Will Soar If $2B Forecast Is Met [View article]
    Amazon's valuation is pretty much independent of its fundamentals.
    Jun 24 11:26 PM | 0 Likes Like |Link to Comment
  • Microsoft Needs To Put Its Weight Behind Nokia [View article]
    How about all the patents? One would need hundreds of different patents to build a good smart phone.
    Jun 23 05:42 AM | 0 Likes Like |Link to Comment
  • Apple TV: To Infinity And Beyond [View article]
    If only Apple could find someone to subsidize its TVs just like many carriers subsidize its phones. Then iTV would sell A LOT.
    Jun 20 10:20 AM | 0 Likes Like |Link to Comment
  • Will QE Dreams Turn To Nightmares? [View article]
    I think the effects of QE are mostly psychological. Most investors think that QE will bring the stock prices up, therefore they will buy more shares if there is a QE. Then again, if everyone buys after a QE thinking QE will increase the prices, the prices will go up just because everyone is buying due to expectations.
    Jun 20 09:59 AM | 0 Likes Like |Link to Comment
  • McDonald's Is Not Expensive Anymore [View article]
    It seems like there are a lot of buyers at $85. Today when the stock price briefly visited $85, it bounced back up almost immediately.
    Jun 8 10:55 PM | 0 Likes Like |Link to Comment
  • McDonald's Is Not Expensive Anymore [View article]
    If one is planning to hold the stock for at least 3-4 years, any price below $90 is a good price to get in.
    Jun 7 09:43 PM | 2 Likes Like |Link to Comment
  • I Wouldn't Underestimate Nokia Siemens Networks [View article]
    And Microsoft CRUSHED Apple in 1990s. That means very little.
    Jun 5 04:16 PM | 2 Likes Like |Link to Comment
  • Why Nokia Isn't Eastman Kodak [View article]
    I have a very diversified portfolio. I'm long more than 100 companies at the moment. Of course, not all companies get the same weight in my portfolio. Apple gets much more weight than Nokia, but neverthless, I own both stocks.
    May 31 03:02 PM | 0 Likes Like |Link to Comment
  • Cutting Costs Will Be A Major Factor In Nokia's Turnaround [View article]
    People don't understand that you can't turnaround a global company with 130,000 employees overnight. It takes time, money and resources.
    May 24 02:14 PM | 4 Likes Like |Link to Comment
  • Hewlett-Packard (HPQ): FQ2 EPS of $0.98 beats by $0.07. Revenue of $30.69B (-3% Y/Y) beats by $770M. Expects FQ3 EPS of $0.94-$0.97, below $1.02 consensus. Expects FY12 EPS of $4.05-$4.10, above $4.03 consensus. Shares +7.1% AH. (PR)  [View news story]
    So yesterday when Dell posted bad results, almost every company in the industry lost 3-5% in market value. Does that mean most of those companies will rally tomorrow? We shall see.
    May 24 12:36 AM | 0 Likes Like |Link to Comment
  • Cutting Costs Will Be A Major Factor In Nokia's Turnaround [View article]
    So if the company generates a revenue of $43 billion and spends $44 billion today, will it be better off by generating a revenue of $64 billion and spending $65 billion? It's not all about revenue, it's about having lower costs per revenue that matters.
    May 23 10:58 PM | 1 Like Like |Link to Comment
  • I Don't Expect QE3, But I Expect LTRO3 Soon [View article]
    I probably chose the wrong wording there. I shouldn't have used the word capitalist. What I meant was that US economy is mostly consumer driven, whereas many European countries' economies are government-spending driven. In US, consumer spending makes up 70% of the economy whereas in European nations government spending makes up nearly half of the economic activity.
    May 22 01:54 PM | 0 Likes Like |Link to Comment
  • Nokia Doesn't Need To 'Kill' Apple [View article]
    "Microsoft is giving Nokia 250 large a year for a few years."

    It's actually 250 million per quarter, 1 billion per year.
    May 8 01:57 PM | 0 Likes Like |Link to Comment
COMMENTS STATS
293 Comments
454 Likes