Are We All Wrong About Salesforce.com? [View article]
Ben good article. so with you on overvaluation. As for fidelity's holdings, this is their biggest percentage of ownership of a company.
FMR owns 14.7% of CRM It only owns 7.3% of Starbucks and 4.4% of Oxy.
Also the last two disclosures as per yahoo showed a slight reduction in their ownership of CRM. End nov to end dec 2011.
I cant believe they would consider going higher. It would be so reckless. Do you know any FMR ownership where they own as much as 15% of a company. Please respond. thanks
Teva Is A Slam Dunk Valuation Play; Nearly Tops Our Scale [View article]
great comprehensive article! well done. I've held this for 2 yrs now, and still somewhat mystified at its ultra-low valuation. What do you think are the bear points currently. There was some doubt about the CEO but that's changed. More patent legal uncertainty? snything else? what do you think? Thank you
Does Insider Selling Signal A Market Top? [View article]
zero hedge took an excerpt from DB research, about how long in the tooth this smooth rally is. Hence a setup for a correction. very interesting in historical perspective. I dont think I am contravening any rules by posting it here and giving the appropriate credit....lets hope not!
2 Stocks To Trade, And What's Next For The Market [View article]
Momos never learn. and they are right until wham the trend changes. so they play the incremental 5% and take the bleeding 50% loss on the nose when it happens. wow, what a life!
Seagate Technology: A Sell As Hard Drive Shortage Easing And Valuations Dangerously High [View article]
for an instablog on the valuation of STX and WDC, and how WDC is now the one to play, at a 30% discount to STX on capacity of production, post thai floods, and post consoldiation of hitachi/samsung, see this instablog:
EBIX: An Investment Opportunity, Excellent ROIC And Rapid Free Cash Flow Growth [View article]
Gino I concur. but what do you think of the short interest. +20 days of trading. where does this emanate from. is it related to hedge of purchased businesses, either ADAM or health connect.
The stock has gone from 16 to 23, and this short interest is still there. very perverse. hedgies would not, could not tolerate that kind of loss.
Beware The Hype Over Big Data Analytics [View article]
great article! this ludicrous notion that all the chatter and social media data material will somehow be one day worth billions to consumer goods companies is downright insane. Benioff of CRM is a leading proponent, who you'd think believs a S&P 500 company could run it's ERP off facebook and his poor derivative chatter. He has no real idea that a central nervous system of a company, the stock, the debtor collection, the manufacturing process CANNOT be entrusted to a half-baked cloud. Watch the disappointment in CRM shares very soon.
A Barb-Less Benioff? Salesforce.com Grows Up [View article]
perhaps is not the word. msft and orcl are gunning point blank at crm. not surprising given their priority to become off-premise saas players, and benioff's ridiculing hyperbole. The frog will soon croak no more, at least on his shareprice's imminent descent back to earth.
So Much For That Bubble Of 'Overvalued' Stocks [View article]
rocco you have ignored my crm comments, showing the overvaluation, showing the potential catalyst. at least have the courtesy to respond and say you are not interested, even though your curiousity should be piqued given the number of people asking for your opinion. oh well
So Much For That Bubble Of 'Overvalued' Stocks [View article]
rocco, your thesis, that overvaluation is not sufficient is valid for now. but look at 3 decades of good data: mean reversion to value has always happened. Yes it might take a while but it inevitably happens. Looking for the proverbial catalyst is commendable, but often reveals itself only in hindsight. pls look at crm for an hour and tell me what you think. if you need a catalyst, it might be facebook's imminent listing which will draw money away from other social media/cloud stocks to FB. thanks
So Much For That Bubble Of 'Overvalued' Stocks [View article]
hi, have a look at CRM; the opportunity (short) warrants it. Currently held up, IMO, as a takeout by Facebook. Ludicrous but possible. the valuation, though you say is not a valid argument, is so cloudesque it begs to be considered....
Western Digital-Hitachi Merger A Huge Positive For The Former [View article]
as for the new company wdc- hitachi, wdc issues 25m new shares, value 1bn, uses up 3.8 bn cash, will end up with about 400m net cash, so new ent value is
WDC-Hitachi 10.37 0.4 9.97 9,970,000,000 85,000,000 117.3 So above calc ENT/CAP for combined company is 117.3$/hdd, cf stx of 190$/hdd, or a discount to STX of 38%.
Where is the fault in the underlying logic? yes WDC loses some hdd capacity to Toshiba, has more capex to rebuild from thai damage, but these figures are not significant to underlying calc above.
Are We All Wrong About Salesforce.com? [View article]
As for fidelity's holdings, this is their biggest percentage of ownership of a company.
FMR owns 14.7% of CRM
It only owns 7.3% of Starbucks and 4.4% of Oxy.
Also the last two disclosures as per yahoo showed a slight reduction in their ownership of CRM. End nov to end dec 2011.
I cant believe they would consider going higher.
It would be so reckless.
Do you know any FMR ownership where they own as much as 15% of a company. Please respond. thanks
Teva Is A Slam Dunk Valuation Play; Nearly Tops Our Scale [View article]
Does Insider Selling Signal A Market Top? [View article]
http://bit.ly/GYg5PA
disc v short CRM and waiting for its last gasp before the tumble.
Wait: That Was Our Price Target ... And Other Musings On Memory And Storage [View article]
http://seekingalpha.co...
and more recently the glaring valuation discrepany, still after the meteoric rise here:
http://seekingalpha.co...
WDC still remains my largest investment, with a price target of 55$ in 6 months, $75 in 2 or 3 years.
Only question is, if you like it, why arent you invested in it?
thanks
2 Stocks To Trade, And What's Next For The Market [View article]
Seagate Technology: A Sell As Hard Drive Shortage Easing And Valuations Dangerously High [View article]
see this instablog:
http://seekingalpha.co...
YES it happens to be mine, done after a decade plus of reviewing the industry and seeing the current transformation
Seagate Technology: A Sell As Hard Drive Shortage Easing And Valuations Dangerously High [View article]
EBIX: An Investment Opportunity, Excellent ROIC And Rapid Free Cash Flow Growth [View article]
The stock has gone from 16 to 23, and this short interest is still there. very perverse. hedgies would not, could not tolerate that kind of loss.
what do you think?
Beware The Hype Over Big Data Analytics [View article]
the only wild possibility is facebook, after their IPO. they might justify it in terms of showing their route to monetising their social database.
However there are so many legal issues in selling this fb info, that it be would one wildly outlandish strategy. but not non-existent risk.
Beware The Hype Over Big Data Analytics [View article]
A Barb-Less Benioff? Salesforce.com Grows Up [View article]
So Much For That Bubble Of 'Overvalued' Stocks [View article]
oh well
So Much For That Bubble Of 'Overvalued' Stocks [View article]
So Much For That Bubble Of 'Overvalued' Stocks [View article]
Western Digital-Hitachi Merger A Huge Positive For The Former [View article]
wdc issues 25m new shares, value 1bn, uses up 3.8 bn cash, will end up with about 400m net cash, so new ent value is
WDC-Hitachi 10.37 0.4 9.97 9,970,000,000 85,000,000 117.3
So above calc ENT/CAP for combined company is 117.3$/hdd, cf stx of 190$/hdd, or a discount to STX of 38%.
Where is the fault in the underlying logic? yes WDC loses some hdd capacity to Toshiba, has more capex to rebuild from thai damage, but these figures are not significant to underlying calc above.