Seeking Alpha
View as an RSS Feed

Matthew Lewis  

View Matthew Lewis' Comments BY TICKER:
Latest  |  Highest rated
  • ARM Holdings Still Eating Intel's Lunch [View article]
    Betting against a company that has the resources and history of innovation that Intel does is a mistake. Anyone to ever get into an arms race with Intel loses...I expect ARM to suffer the same fate.
    Sep 11, 2012. 02:47 AM | 1 Like Like |Link to Comment
  • 3 Oil And Gas Stocks Commanding Profits But With Minimal Debt [View article]
    Wow...worst story ever. These are trusts....
    Sep 5, 2012. 08:16 PM | 2 Likes Like |Link to Comment
  • Why I Expect To Buy Corning Shares For $10 Or Less By Year-End [View article]
    Comparing GLW to HPQ and DELL? Really? The balance sheet comparisons are night and day. As others have stated, GLW is creating a ton of value buying back stock at 85% of book value. If you're betting on a market downturn shoot at the high PE flyers......
    Sep 5, 2012. 12:34 AM | Likes Like |Link to Comment
  • More Pain In Store For Corning [View article]
    GLW is a great company that has stood the test of time. In a perfect world they could pour all their money into R&D and acquisitions and get ROI of >15% and grow at that rate into perpetuity. Unfortunately that is not reality.

    GLW's capital structure was beyond conservative. They did the right thing by increasing the dividend because there is no reason a company the cash flows as much as they do should hold $7 billion in cash.

    Do you really think that management doesn't weigh the choices for how they use their cash? I can promise you they weigh the costs and benefits of acquisitions, R&D, capex, stock buybacks, and dividends to decide what is best for the shareholders. Pouring money into R&D, Capex, and acquisitions is not always best for shareholders. Your article failed to show that GLW could get better returns using the cash elsewhere.
    Sep 5, 2012. 12:23 AM | Likes Like |Link to Comment
  • The San Juan Trust: Buying 18 Cents For A Dollar [View article]
    You need gas well over $6 to justify at $25 price on SJT.
    Aug 19, 2012. 01:14 AM | Likes Like |Link to Comment
  • The San Juan Trust: Buying 18 Cents For A Dollar [View article]
    SJT is way overpriced if we are to assume NG prices stay under $4.

    That said, keep your eye on the Rig count and the inventory numbers. NG Rig count in North America has been cut almost in half in ten months and the natural gas glut has been burning off steadily over this summer. You don't want to be short this thing if gas prices start to fly.
    Aug 14, 2012. 11:34 PM | 1 Like Like |Link to Comment
  • Exelon's Excuses For Its Not-So Excellent Performance [View article]
    I don't understand the point in another one of these articles. You are just beating a dead horse at this point.

    A 31% rise in NG prices isn't much when they have gone from $8 to $2 over the past few years doesn't offer EXC much in the way of better energy prices. What is promising is the natural gas rig count being cut in half over the last 10 months and inventories building well below their 5 year averages this summer. The glut in NG is almost gone.

    http://bit.ly/ofCrGW
    Aug 14, 2012. 12:17 AM | 2 Likes Like |Link to Comment
  • City Telecom: 17% Dividend Yield, 46% Cash Flow Yield, No Debt, High Growth Prospects [View article]
    Are the author or SA seriously not going to edit this article?
    Jul 30, 2012. 12:04 AM | Likes Like |Link to Comment
  • Corning: A Cheap Stock That Is Likely To Get Cheaper [View article]
    Thanks for the numbers Bah. Also, I believe that the Life Sciences unit will earn about $12-15 million more per quarter once that Becton acquisition goes through.
    Jul 29, 2012. 10:29 AM | Likes Like |Link to Comment
  • City Telecom: 17% Dividend Yield, 46% Cash Flow Yield, No Debt, High Growth Prospects [View article]
    Useless....or completely misleading. Everyone should do their own due diligence, but in reality the author has a duty to put out factual information.
    Jul 28, 2012. 11:16 AM | 2 Likes Like |Link to Comment
  • City Telecom: 17% Dividend Yield, 46% Cash Flow Yield, No Debt, High Growth Prospects [View article]
    Pretty sub-par research. Did the author even both to read a quarterly or annual report?
    Jul 27, 2012. 06:10 PM | 4 Likes Like |Link to Comment
  • Corning: A Cheap Stock That Is Likely To Get Cheaper [View article]
    LCD can't get a whole lot worse in my opinion. Some of the higher cost producers have their sales prices approaching marginal cost, at which point they will exit the market or no longer sell.

    The stock could for sure go down more though. The non-LCD units were actually a bright spot in my opinion...they have a long way to go though to take the burden off the LCD biz. GLW only has about $300 million left on their buyback...I would guess that you will here about a new one soon from the board whenever they meet again.

    One more issue, about $4 billion of their $6 billion cash hoard is parked overseas and can't be repatriated without taxes. Something to keep in mind when thinking about a buyback or higher dividend.
    Jul 25, 2012. 08:04 PM | Likes Like |Link to Comment
  • Corning: A Cheap Stock That Is Likely To Get Cheaper [View article]
    Trades at 80% of tangible book, 2.7% yield, bought back 1.6% of shares outstanding last quarter, set to make $2 billion in net income this year, 6 billion in cash on the balance sheet (35% of the market cap).

    The LCD earnings hit has been horrible, but the market is pricing GLW like they are bleeding cash. Even if things get worse, this company still kicks off a ton in free cash flow and earnings. I bought more this morning...but I'm in this for the very long term.

    Good luck
    Jul 25, 2012. 02:03 PM | Likes Like |Link to Comment
  • Questions following Apple's (AAPL) FQ3: 1) Is Samsung's Galaxy S III having a big impact on international iPhone sales?  2) How much is the iPhone shortfall the result of iPhone 4 users, who have begun to see their contracts end, viewing the 4S as an incremental upgrade, and (unlike 3GS users) preferring to wait? 3) Do the results further motivate Apple to reach iPhone deals with China Mobile, NTT DoCoMo, and other missing carriers? Nasdaq futures -0.9% overnight. (more) (transcript)  [View news story]
    Revenues up 22% year over year and earnings up 20% yoy...what a disaster. :)
    Jul 25, 2012. 12:18 AM | 3 Likes Like |Link to Comment
  • When This Indicator Hits 19, Stocks Always Rally [View article]
    1. The data set is small....even if you go back to 1987.
    2. If you are going to talk statistics you need to talk about the possibility of selection bias and data mining. Your analysis likely has both.
    Jul 24, 2012. 01:16 AM | Likes Like |Link to Comment
COMMENTS STATS
429 Comments
572 Likes