Seeking Alpha

Papa of Four

View Papa of Four's Comments BY TICKER:
  • Apple To $1,000? 1 Main Catalyst [View article]
    Agreed mitrado, thats the whole fun of speculating. When I bought into Apple in 2004 I was investing. That investment has paid of and so I have mostly exited now.

    Talking about $2 stocks, did you see my post on HIMX.... I say they win no matter which manufacturer does well.
    Aug 29, 2012. 09:39 AM | 1 Like Like |Link to Comment
  • Apple To $1,000? 1 Main Catalyst [View article]
    Very little debt yup... and they return all excess cash to shareholders as div. otherwise the balance sheet would be even stronger. they are also in the middle of a share buy back. So with fewer shares outstanding your little piece of the pie gets bigger. Current book value is $0.67 higher per share than the stock is trading. Lunacy...
    Aug 27, 2012. 08:22 PM | Likes Like |Link to Comment
  • Apple To $1,000? 1 Main Catalyst [View article]
    I do not care if you are long apple or prefer Android or Win8.
    The only real winner in all this is HIMX..

    Samsung is supplied by HIMX ( display drivers)....... Samsung supplies Display for Apple( so pretty good chance HIMX drivers are in Apple products already).... As PC market (Dell and HP supplied by HIMX) falls apart and more people move to smartphones and tablets ( supplied by HIMX but with better margins) the phone and tablet wars are going to increase in intensity. The upshot is I dont know who will ultimately win as a manufacturer, just that they are probably supplied by HIMX. thestreet also upgraded them on Friday from hold to BUY.

    They also have great exposure to the Win8 launch, another catalyst in the back half of this year. In addition HIMX stated that they were feeling pressure in teir1 phones in CHINA, iPhone is definitely tier1, which is why HIMX is making arrangements to supply to teir 2 and whitebox manufacturers, so they can get paid for the cheap phones too.

    Disclosure I am long HIMX from $1.60 and have a price target of $3-$4 over 12 months . Apple would have to get to $1400 to match that. I sold apple last week, had been holding since 2004. Not saying it can not or will not go up more, just that I do not have to hit the top. I have other fish to FRY!!!!!
    Aug 27, 2012. 05:50 PM | 1 Like Like |Link to Comment
More on AAPL by Papa of Four