Search And Site Analytics: Pulling Out Of LinkedIn [View article]
The $69 price target is not my own but the mean average for users of the Trefis platform. While I believe LNKD is overvalued, I don't believe we'll see a collapse of the stock to these levels.
Search And Site Analytics: Pulling Out Of LinkedIn [View article]
With reference to your comments Glenn, I feel as though you are viewing the Bounce % through rose colored glasses. The main page for LinkedIn is merely a log in page and it doesn't offer "curious folk" any insight as to the purpose of the site. In fact, an increased Bounce % would then imply that fewer people are taking the time to register with the site (so that they can continue to view more pages). As for "curious folk" who are going browsing around, and realizing they aren't interested, that argument would imply that while the site might be gaining users, they are not gaining active users, and that is the key number. Saying I own 200 million piggy banks is great, but if they are all empty, well you get the point.
You mention that a decline in pageviews per user is "not necessarily negative". I would completely disagree and say that it is entirely negative. Display advertising accounts for at least 26% of LinkedIn's revenues. It follows logically that fewer page views and less time spent on the site will imply cheaper ad rates. This is a direct hit to the company's top (and bottom) line.
As for your claim that LinkedIn deserves a higher multiple because "it is a fairly easy case to make that it can continue very rapid growth for some time to come -- simply because it is much smaller", this is an absurd statement. A stock's PEG ratio takes into account future growth prospects and a PEG of 15, well that's just slightly excessive. As a side note, your reasoning is slightly flawed when you say "Every big site goes through this as they start to become known in a wider world." Are you trying to insinuate that all popular sites must first become less popular? Because essentially that is your argument as I read it.
Amazon (AMZN) says it has begun production work on five new childrens pilots with a goal to eventually air them on its streaming services. That brings the total numbers of pilots in production for Amazon Studios as it moves from concept to content at a rapid pace. [View news story]
And yet everyone wonders why margins are being compressed?
4 Reasons Why I Bought Facebook Calls Ahead Of Earnings [View article]
Been long FB Jan 2014 $25 strike calls for 2 months now. Holding through earnings because this isn't just another short term rally. There is a much bigger picture here and even if the stock pulls back on earnings, the long term looks very bright.
A number of retail analysts think Michael Kors (KORS +0.1%) is a screaming buy with shares dipping after Coach's revenue in North America fell flat. Though macroeconomic influences were a factor behind Coach's sluggish sales, it's also becoming more evident that Michael Kors continues to take down share in the handbag market. [View news story]
Search analytics, and students, are well ahead of the analysts on this one!
Almost flat earnings and a disappointing forecast from Apple (AAPL) leave a few casualties in Japanese trading today: Softbank (SFTBY.PK) - a Japanese carrier of the iPhone - is down 0.9%, Sharp (SHCAY.PK) and Foster Electric - both of which make parts for the phone - dropped 1.5% and 1%, respectively. [View news story]
I guess this is what Apple gets after sandbagging earnings for so long. Just time to eat their own cooking.
Your semi-regular New Year's Eve fiscal cliff update: Senate Democrats and Vice President Joe Biden will caucus at 9:15 p.m. amid reports that the Senate GOP and White House have reached agreement. Votes tonight aren't a sure thing, but are now expected by many observers. Updated 1:48 a.m.: The Senate is voting now on the deal, the "American Taxpayer Relief Act of 2012." [View news story]
Everyone loses. Unemployment benefits must be trimmed. 99 weeks is too long. During 2008 - 2009 years, 99 weeks could be justified, but employment numbers are "improving" and at $405/wk max, its easy to see how the government is giving underhanded citizens the opportunity to collect public assistance while working off the books. Saw it all the time when I worked at the bank...
Dismal Holiday Sales Reports Create A Tremendous Buying Opportunity In Coach [View article]
Coach is a great investment...if you're content receiving 2% (before taxes) annually with minimal growth potential. The company is aggressively expanding while there is a declining interest in their products. On the other hand, Michael Kors is a trending brand that people are showing great interest in. Despite the stocks recent dip (mostly impart to panicking about retail sales and the fiscal cliff), KORS remains undervalued as will be displayed when they blow out the 41 cents per share earnings estimate for the quarter. To further support the bullish case, Goldman Sachs recently added the company to its Conviction Buy list. If you were hesitant to go long with the recent market troubles, consider going long KORS and Short a retail ETF.
Search Analytics: Michael Kors A Holiday Winner [View article]
Easy there Donald. First off, I'm sorry you got in at a loss, but you certainly can't ask me to "alert" you when a stock I've written about goes down after you invest in it, that's not my responsibility as an author. I will continue to reiterate my belief that Michael Kors will outperform the industry over the coming months.
Search Analytics: Michael Kors A Holiday Winner [View article]
I did add to my position slightly today, but I also hedged my long position by going short the market as a whole over the next 2 weeks. I believe this whole fiscal cliff mess is going to take a severe hit on the market in the coming days and while I don't want to close my long positions, I believe it would only be prudent to balance my portfolio.
1-800-Flowers.com Could Blossom This Winter [View article]
How can you compare AMZN, GRPN and TEA to 1800Flowers? Those companies have NOTHING in common with FLWS (asides from the fact that they operate online)! Seems like you were fishing for page views with those comparisons. While I agree that FLWS is undervalued, your article provides little to no support for the argument.
Search Analytics: Michael Kors A Holiday Winner [View article]
I believe you did. Retail sales number came in low, but I believe that is mostly due to decreases in the spending habits of lower income families. Someone planning on spending $200+ on a watch is buying the watch regardless of the economic situation. Mostly because they more than likely have a girlfriend/wife who is expecting the high end gift. I didn't have the opportunity today, but if an opportunity presents itself tomorrow to pick up the stock at a sub- $50 level I certainly will add to my position.
Sterne Agee weighs in on Deckers Outdoor (DECK -1.4%), telling clients the firm's Ugg business will improve in the second half of 2013 with better products on tap. It's a far cry from the call of other firms out with alarming warnings on sales for this year. Not only is Ugg demand viewed as weak with temperatures mild across the U.S. so far this winter, there is also some concern on whether or not Ugg boots are still on-trend. [View news story]
Just heard a commercial on the radio advertising "8,000 pairs of Ugg boots in stock!" If that doesn't scream the ending of a trend, then I don't think anything will.
"There's a 40% chance of a 'fiscal cliff' deal before year end," predicts Erskine Bowles. In true Washingtonian-speak however, he adds that there's also a 35% chance that no deal will get done. Interpretation: "The chances of getting it done are better," Bowles says, "That's what's key." [View news story]
Search And Site Analytics: Pulling Out Of LinkedIn [View article]
Search And Site Analytics: Pulling Out Of LinkedIn [View article]
Search And Site Analytics: Pulling Out Of LinkedIn [View article]
You mention that a decline in pageviews per user is "not necessarily negative". I would completely disagree and say that it is entirely negative. Display advertising accounts for at least 26% of LinkedIn's revenues. It follows logically that fewer page views and less time spent on the site will imply cheaper ad rates. This is a direct hit to the company's top (and bottom) line.
As for your claim that LinkedIn deserves a higher multiple because "it is a fairly easy case to make that it can continue very rapid growth for some time to come -- simply because it is much smaller", this is an absurd statement. A stock's PEG ratio takes into account future growth prospects and a PEG of 15, well that's just slightly excessive. As a side note, your reasoning is slightly flawed when you say "Every big site goes through this as they start to become known in a wider world." Are you trying to insinuate that all popular sites must first become less popular? Because essentially that is your argument as I read it.
Amazon (AMZN) says it has begun production work on five new childrens pilots with a goal to eventually air them on its streaming services. That brings the total numbers of pilots in production for Amazon Studios as it moves from concept to content at a rapid pace. [View news story]
4 Reasons Why I Bought Facebook Calls Ahead Of Earnings [View article]
A number of retail analysts think Michael Kors (KORS +0.1%) is a screaming buy with shares dipping after Coach's revenue in North America fell flat. Though macroeconomic influences were a factor behind Coach's sluggish sales, it's also becoming more evident that Michael Kors continues to take down share in the handbag market. [View news story]
More details:
http://seekingalpha.co...
Almost flat earnings and a disappointing forecast from Apple (AAPL) leave a few casualties in Japanese trading today: Softbank (SFTBY.PK) - a Japanese carrier of the iPhone - is down 0.9%, Sharp (SHCAY.PK) and Foster Electric - both of which make parts for the phone - dropped 1.5% and 1%, respectively. [View news story]
Your semi-regular New Year's Eve fiscal cliff update: Senate Democrats and Vice President Joe Biden will caucus at 9:15 p.m. amid reports that the Senate GOP and White House have reached agreement. Votes tonight aren't a sure thing, but are now expected by many observers. Updated 1:48 a.m.: The Senate is voting now on the deal, the "American Taxpayer Relief Act of 2012." [View news story]
Dismal Holiday Sales Reports Create A Tremendous Buying Opportunity In Coach [View article]
Search Analytics: Michael Kors A Holiday Winner [View article]
Search Analytics: Michael Kors A Holiday Winner [View article]
1-800-Flowers.com Could Blossom This Winter [View article]
Search Analytics: Michael Kors A Holiday Winner [View article]
Sterne Agee weighs in on Deckers Outdoor (DECK -1.4%), telling clients the firm's Ugg business will improve in the second half of 2013 with better products on tap. It's a far cry from the call of other firms out with alarming warnings on sales for this year. Not only is Ugg demand viewed as weak with temperatures mild across the U.S. so far this winter, there is also some concern on whether or not Ugg boots are still on-trend. [View news story]
"There's a 40% chance of a 'fiscal cliff' deal before year end," predicts Erskine Bowles. In true Washingtonian-speak however, he adds that there's also a 35% chance that no deal will get done. Interpretation: "The chances of getting it done are better," Bowles says, "That's what's key." [View news story]