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Michael Collins

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  • Is There Adequate Bench Strength For Digital Realty? [View article]
    Interesting write up and congrats on your purchase at $44.0

    My only question to the BOD of DLR is why did they fire Foust so suddenly and without notice? Have they unearthed anything?

    I suspect next earnings call this will be the topic of conversations and I would steer clear of DLR until this matter is resolved.
    Apr 17 07:18 AM | Likes Like |Link to Comment
  • Will The Cloud Kill Digital Realty Trust? [View article]
    "Re "company has been been crumbling", the stock price of DLR is actually up by 23% from the low of 43 that it hit in early December."

    You must be kidding right? Jacobson took this stock down from mid 70s. What planet are you on trying to quote a 23% rise.

    The only question i want answered are:
    1.) Why was CEO abruptly dismissed;
    2.) Have accountants turned up anything?

    Until you know that, this is an untouchable.
    Also I'm not short DLR, but I think the smart play here is short DLR to buy DFT/COR.
    Apr 15 12:30 PM | Likes Like |Link to Comment
  • Will The Cloud Kill Digital Realty Trust? [View article]
    Jonathan Jacobson has been alleging accounting irregularities. It's the backbone of his short thesis.

    Now that Foust was fired, investors need to weigh his accusations very seriously.

    No one really knows how serious of the accounting issues stemming from poorly written leases by DLR and its acquisitions. There is 0 transparency on this issue.

    Since Jacobson's accusations, we have had accounting issue after accounting issue rear its ugly head. For example in a properly written triple net lease, those state tax issue are the tenant's problem, not DLRs.

    The only question on the next earnings call is why was Foust shown the door so abruptly and without a succession plan in place? What triggered that?

    What do the shorts know, which such certainty, that permitted them to take such a dangerously massive position here?

    1.) Shorts know something about account of lease expensing that we do not.
    2.) Since this short thesis at Ira Sorhn last year, company has been been crumbling and announcing non stop accounting issues.
    3.) CEO has been abruptly dismissed.

    Do you want to hold this stock when the company answers these questions in the next earnings call?

    Hell No!
    Apr 13 01:40 PM | 1 Like Like |Link to Comment
  • Timing And Good Science: Is Now The Time To Go With Regado? [View article]
    This stock has been cut in half. crazy
    Apr 12 10:41 AM | Likes Like |Link to Comment
  • Will The Cloud Kill Digital Realty Trust? [View article]
    The only question that matters on next earnings call is:

    What did the BOD find out that led them to fire the CEO? Is there a study, accounting issue to be disclosed?

    Is this Enron? Someone has been saying so for a long time and evidence leaning in their favor...
    Apr 7 04:30 PM | Likes Like |Link to Comment
  • How Networking Helps Digital Realty Distance Itself From The Competition [View article]
    It wasn't voluntary. Accounting issues remain.
    Mar 18 07:30 PM | 1 Like Like |Link to Comment
  • Digital Realty CEO shown the door [View news story]
    Long overdue. nice to see a board of directors step up. Stop down out of fear that more bad news may follow...
    Mar 18 09:50 AM | Likes Like |Link to Comment
  • A Value Investor Explains Why He Owns Digital Realty [View article]
    Clearly Jacobson short thesis is playing, so I look for new CEO, when hired, to 'clean the decks' which will mean lots of write downs from poorly written leases written/acquired by Foust.

    If that happens, this company becomes a buy.
    Mar 18 08:28 AM | Likes Like |Link to Comment
  • Sequans Communications: Public Stock With Venture-Like Multiple Returns [View article]
    I agree. Most Americans don't know what a passport even is and think China is a plate.
    Mar 14 05:37 AM | Likes Like |Link to Comment
  • Sequans Communications: Public Stock With Venture-Like Multiple Returns [View article]
    I agree, I invested here a while back, but with no patents to speak of, no manufacturing scale to go up against the big boys, I don't see how it can ever amount to much?

    The minute selling single mode becomes a reality, the big boys will stampede in..

    Big Volume don't enter this market because they don't care YET. So Sequans hinges on a future that they may never see?

    you say it here:"Companies like Marvell (MRVL), Broadcom (BRCM), Qualcomm, Samsung (OTC:SSNLF) and Intel (INTC) may eventually enter as the addressable LTE single-mode market expands. Thus, Sequans' current early-mover advantage and technology design lead will decline over time."

    Given the above statement, this company is completely, 100%, un-investable? Don't think for second that those sleeping giants aren't keeping one eye open here. They could crush Sequans before any 'early mover' even moves. Without IP, I don't see it?

    Please tell where I'm wrong, I quite liked this company a while back (sub $2).
    Mar 14 05:19 AM | Likes Like |Link to Comment
  • A Value Investor Explains Why He Owns Digital Realty [View article]
    You’ve made a rather odd false statement below and need to retract, DLR fell MORE than DFT Brad:

    “That news sparked DFT shares to fall by around 7% to a close of $25.10. On that same news, Digital shares pulled back a more modest 4% (to a close of $52.36).

    Was this is simple oversight?

    DFT 05:01pm EDT 25.10 -0.90 -3.46%

    DLR 05:03pm EDT 52.36 -1.94 -3.57%

    The news of the Yahoo Sub lease was worse for the DLR than DFT, and as such DLR dropped more.

    Why is that?

    Quite simply, the Yahoo roll out was already weighing on DFT stock, the new supply is new negative for DLR, and a known issue for DFT that Yahoo will now help solve. Hence analyst reaction:

    “theflyonthewall.com: DuPont Fabros shares defended at Citigroup
    Citigroup said Yahoo's subleasing of some of its DuPont Fabros facilities does not impact the financials. The firm said DuPoint did not expect Yahoo to renew the lease and was going to covert the space to a retail product. Shares are Buy rated."

    “DuPont Fabros sell-off on Yahoo news seems overdone, says Wells Fargo
    Wells Fargo believes the two day sell-off in shares of DuPont Fabros on news that Yahoo is going to sublease its data space seems overdone. Wells sees limited near-term downside in shares of DuPont Fabros, but feels greater confidence that super wholesale tenants won't downsize leased portfolios is needed for shares to move higher. Wells has a Market Perform rating on DuPont Fabros.”
    Mar 10 07:15 AM | 5 Likes Like |Link to Comment
  • A Solid REIT With A Technology Twist Offering More Than A 5% Dividend [View article]
    It's the Yahoo Sub Lease, read the 8K.

    Actually, as I see it, it means Yahoo, who was leaving anyway, will now bear costs (time, boker, refurb) of finding new the tenant. So is it bad? Yes, more supply short term, this hurts CONE, DLR and DFT.

    BUT, for DFT, its a medium term positive YAHOO roll problem will be solved at Yahoo's expense, not for the other data center as this simply represents more supply though.

    Market realized that late and that explains the DFT bounce back and late DLR drop on Friday.
    Mar 10 06:28 AM | 1 Like Like |Link to Comment
  • BlackBerry BBM Is Not WhatsApp [View article]
    Couldn't agree more, BBM not for sale? Really? Guess you didn't watch the Bloomberg Video?

    'Speculators should take Chen at his word and recognize the idea that BBM is not for sale at the auction block'

    You should correct the above statement after you view this:

    http://bloom.bg/1hW4djS

    Really, enough scare mongering.
    Feb 27 07:18 AM | 8 Likes Like |Link to Comment
  • BBM Is Worth More To BlackBerry Integrated Than On A Standalone Basis [View article]
    You are 100% right on marcap with that comment. Love how you still dislike BBRY after all this?

    You are not still short are you?
    Feb 24 04:52 PM | 2 Likes Like |Link to Comment
  • BBM Is Worth More To BlackBerry Integrated Than On A Standalone Basis [View article]
    If Chen does what you suggest : "What this might mean (in my book) is that Chen want Sims to steer BBM toward the enterprise, and not for BBM to become just another consumer text product."

    It would be an unmitigated disaster. To limit a technology that is installed user/ network effect based to 'enterprise' would be a gargantuan stupidity that would resonance in continued BBRY arrogance.

    They need to attack consumers here, head on, spend tons of advertising, and fight for finish.

    Nothing less but a total onslaught on consumer market is warranted here IMHO.
    Feb 22 12:51 PM | Likes Like |Link to Comment
COMMENTS STATS
374 Comments
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