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Peter Larson  

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  • Bubble Watch: Imagine What Would Happen If Optimism Reigned [View article]
    If cloud computing ISN'T systemically important, than what is?

    Basically, every large company, banks, the department of defense, and even hospitals run critical applications on the cloud.

    And yet major cloud companies like Amazon, Salesforce, etc. AREN'T PROFITABLE. What if one goes bankrupt? What happens to the system?
    May 9, 2014. 12:11 PM | Likes Like |Link to Comment
  • Can You Post SVG Graphics In A Seeking Alpha Instablog? [View instapost]
    I guess not.
    May 7, 2014. 11:46 PM | Likes Like |Link to Comment
  • Wal-Mart's Revenge: Amazon.com Has A Big Problem [View article]
    You're suggesting people buy a second house to save on sales tax?
    Apr 25, 2014. 10:19 AM | Likes Like |Link to Comment
  • Wal-Mart's Revenge: Amazon.com Has A Big Problem [View article]
    I must be lost.

    I thought I was in the comments section of an Amazon article, but there's someone missing...
    Apr 24, 2014. 02:26 PM | Likes Like |Link to Comment
  • Liberty Media Sale Creates Decent Buying Opportunity In Barnes & Noble [View article]
    ... coupled with higher margins, lower expenses, and greater workforce efficiency. Which combined gave the brick-and-mortar stores near record profits last year, in spite of declining sales.

    In 2007, I would have agreed with you. Ebooks sounded theoretically terrible for bookstores. But that was a looooooong time ago.

    Back in 2012-2013, Kindles cost less than $100, Amazon prime was $80, Amazon free shipping was set at $25, and you had to literally push your way past a Nook salesman to spend money at Barnes and Noble. AND FOR SOME REASON PEOPLE DID IT. Maybe not as many as in the past, but clearly enough.

    Now, prices for both Prime and free shipping are going up on Amazon, the self-cannibalization from Nook is going away, and the latest Kindle is a set-top box rather than an ereader.

    Why would the ebook skeptics give in now?
    Apr 18, 2014. 04:53 PM | Likes Like |Link to Comment
  • Liberty Media Sale Creates Decent Buying Opportunity In Barnes & Noble [View article]
    I think you're absolutely right on that one.

    I don't mean to imply that insider sales are bullish- I think they are generally bearish.

    But nuance matters. Barnes and Noble has been, by far, my top performing position over the last three years. Not because it went up all the time, but because it was relatively easy to predict.

    The market dropped 11% on the news, and I think that's an over reaction in the short to medium term. Riggio can't time his sales precisely. What he can do, is manage the entire company and PR to suit his own investment needs.

    Riggio is 73 years old. His brother is no longer CEO and his children are not affiliated with the company. He's effectively retiring.

    I have mentioned in previous articles that the potential for a buyout gave Riggio a perverse incentive to -lower- the stock price so that he could place the lowest bid possible. This was a profitable insight for me, and the fact that Riggio has apparently abandoned those plans removes the perverse incentive. Now that he is thinking like a retiree, he has an incentive to take fewer risks.

    At this point, I'm not looking for BKS to skyrocket. But falling apart isn't all that likely either.
    Apr 18, 2014. 04:17 PM | Likes Like |Link to Comment
  • Liberty Media Sale Creates Decent Buying Opportunity In Barnes & Noble [View article]
    "Can you even find a film camera other than a niche market one?"

    And that's the critical difference between film (and DVDs, and CDs, and ebooks) and books.

    How does a book go obsolete? As long as you have eyeballs and are literate it remains an option.
    Apr 18, 2014. 10:20 AM | Likes Like |Link to Comment
  • Liberty Media Sale Creates Decent Buying Opportunity In Barnes & Noble [View article]
    If he knew something, it would be illegal for him to sell.
    Apr 18, 2014. 09:27 AM | Likes Like |Link to Comment
  • Marijuana, Merger Premiums & The Missing Ashraf Eassa [View instapost]
    The free content, you mean.

    MF blatantly cheerleads for stocks they've previously rec'd to newsletter subscribers.
    Apr 14, 2014. 01:31 PM | Likes Like |Link to Comment
  • Final Estimate For Amazon.com Q1 2014 Revenue Growth [View article]
    Perhaps he is one of those rare cats who is just interested in doing the analysis and not trying to argue with strangers over the internet?
    Apr 9, 2014. 04:01 PM | 2 Likes Like |Link to Comment
  • Liberty Media Sale Creates Decent Buying Opportunity In Barnes & Noble [View article]
    "Books will soon be obsolete in the public schools."
    Thomas Edison, 1913.

    "Some believe the paperless office is not that far off... the use of paper for records and correspondence should be declining by 1980"
    Businessweek, 1975.

    "Print is dead"
    Egan, Ghostbusters, 1984.

    All smart people. All dead wrong.

    Maybe you'll have more luck with your baseless prediction?
    Apr 8, 2014. 10:27 PM | 2 Likes Like |Link to Comment
  • Microsoft unveils Windows/WP updates, universal apps [View news story]
    It says a lot when you're Microsoft and "Halo" is your most promising brand...
    Apr 2, 2014. 06:03 PM | 3 Likes Like |Link to Comment
  • Is Herbalife A Pyramid Scheme? A Simple Question Of Law [View article]
    I told you I love that movie!

    But it got buried in all the hate.

    You know what I admire most about Ackman and Soros? They are pretty much civil with each other.
    Mar 28, 2014. 05:37 PM | 1 Like Like |Link to Comment
  • The $127 Billion Market Asteroid [View article]
    It's not a bad analogy- but remember the forest is experiencing a 100 degree heat wave, is dry from an extensive drought, hasn't had a controlled burn in half a decade, and the new park ranger hasn't completed fire training yet.
    Mar 27, 2014. 11:38 PM | 2 Likes Like |Link to Comment
  • Is Herbalife A Pyramid Scheme? A Simple Question Of Law [View article]
    I love that movie!
    Mar 27, 2014. 10:22 AM | 1 Like Like |Link to Comment
COMMENTS STATS
642 Comments
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