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  • Intel's Acquisition Of LSI's Networking Business To Boost Its Presence In IoT [View article]
    Actually, we have posted almost ten articles on Intel since the stock was in this range (~$27/sh). We regret that our oversight is distracting you from the extent of our coverage, but thank you for pointing out our error. We corrected as quickly as possible
    Aug 19 10:21 AM | Likes Like |Link to Comment
  • Intel's Acquisition Of LSI's Networking Business To Boost Its Presence In IoT [View article]
    This statement appears in every article we post. It is easiest to copy it from a page of other boiler plate statements we use. In this case, however, we forgot to update the price. Apologies for any confusion.
    Aug 19 10:19 AM | Likes Like |Link to Comment
  • Why Qualcomm Remains The No.1 Player In Cellular Baseband [View article]
    Thank you for your comment. Actually, we are positive on QCOM and we do not short stocks. Please see our comments above. We just have concluded that the increasing proportion of 4G revenue from Chinese sources could create less conducive and more competitive markets for the company. Their position at present is indeed strong. But will it remain unassailable? We are eager to entertain alternative view points. And, again thank you for your response.
    Jul 16 01:15 PM | Likes Like |Link to Comment
  • Why Qualcomm Remains The No.1 Player In Cellular Baseband [View article]
    Thank you for your comment. Actually it is a DCF which you can see by clicking on the P&L button above the tool.

    We invite you to test your own estimates with the tool. As we have written, we believe that increased penetration in China will result in lower royalty rates and pricing--hardly a controversial view.

    But if you assume royalty rates remain flat, our valuation increases to roughly the present market valuation. And if both pricing and the royalty rates remain flat, the valuation increase further still to roughly the consensus price target.

    We assign a higher probability to our base-case valuation. But we freely acknowledge alternative outcomes and invite readers to suggest their own

    Check it out. What is your target?
    Jul 16 01:07 PM | Likes Like |Link to Comment
  • Why Qualcomm Remains The No.1 Player In Cellular Baseband [View article]
    Thank you for your input. Actually, we provide the model that supports our valuation on our website, which you can find at the following link: http://bit.ly/1oIsDuF#


    We actually had a prominent link in our article, which the editor has embedded with the word "Qualcomm". So you can also just click on that.

    Please note to that our model is dynamic and you can manipulate the drivers and save your own estimates to create an alternative valuation.

    We also publish research on Intel and Broadcom, as well as TI. So we have commented quite a bit on the market and its players.

    Finally, please check our analysis of Qualcomm. You will see that, in our view, Royalties are the most important driver of the company's valuation. As you can see, we discuss it at length

    Again, thanks for sharing you views. We are glad you read our analysis
    Jul 16 12:57 PM | Likes Like |Link to Comment
  • Why Qualcomm's Royalty Rate Will Continue To Decline [View article]
    Thank you for your comments. We apologize for the fact the title originally read "Qualcomm's Royalty Revenue Will Continue to Decline," which is not what we state in the article. It should read "Qualcomm's Royalty Rate Will . . . " We have requested a change. Funny how the fingers wander at times. We regret our error.

    Regarding our valuation: please feel free to use the driver above to create your own valuation. Just move the line with your cursor. You can adjust multiple drivers if you visit our Qualcomm page; check the link above. One of our readers has modeled a credible alternative valuation of ~$97/sh that you may prefer to ours.
    Jun 11 12:45 PM | Likes Like |Link to Comment
  • How Has Oracle's Server Division Fared Since Its Acquisition Of Sun Microsystems? [View article]
    Thank you for your comment. Actually, thanks to those of you below as well.

    Yes, Oracle has not exited the x86 server market, just de-emphasized it. Of course it will want a full set of solutions. So we stand corrected
    Mar 14 10:54 AM | Likes Like |Link to Comment
  • Cord Cutting Continues, But Be Cautious on Netflix Upside [View article]
    Hi,

    Good question and we agree that we could have made it more clearer in the article. To support the claim, one would think that recent economic turmoil would have made consumers re-plan their expenses and discontinuing pay-TV services could have been one of the outcomes. As far as data support goes, the same study that states that there were about 1 million cord-cutters in 2010, also expects this number to decline significantly to 520,000 in 2011. You can refer to the link below.

    www.tgdaily.com/busine...

    Thanks
    Apr 14 01:04 AM | Likes Like |Link to Comment
  • Cord Cutting Continues, But Be Cautious on Netflix Upside [View article]
    Hi,

    We are not sure if you quite understood what we tried to say here in the article. The point that is being made here is simple and revolves around causality.

    If Netflix is the prime reason behind chord cutting, then the trend should actually accelerate and Netflix should benefit significantly. However, If Netflix is only the partial reason and the main cause is high cable bills coupled with selective viewing habits of some value conscious consumers, then Netflix's benefit is limited (we "do not" intend to communicate that benefit is "not there"). It is a matter of opinion and we take the latter stand here.

    How does the second conclusion make sense? Because we think that many of the value conscious consumers would have discontinued their pay-TV service already, and with improving economy and pay-TV service providers realizing need of streaming, we expect this trend to not accelerate. This is also supported by the same study which also says that the number of chord cutters will 'decline significantly' in 2011 and not accelerate. You can refer to to the source link mentioned at the end of the article.

    Thanks
    Apr 14 12:55 AM | Likes Like |Link to Comment
  • Sirius Antitrust Suit Could Lead to Sharp Downside [View article]
    You are welcome to express your projections about Sirius and other companies through our website. This will also contribute to the 'community pricing' feature for all companies that we have.
    Apr 11 01:26 AM | Likes Like |Link to Comment
  • Sirius Antitrust Suit Could Lead to Sharp Downside [View article]
    And we do not claim that ability either Louey. Through this article we meant to analyze the effect on Sirius's fundamental stock value in a plausible scenario. We aim to be an enabler for retail investors by helping them understand the important drivers of a business and by providing tools through which investors could express their convictions and analyze its effect on a company's fundamental value.
    Apr 11 01:23 AM | Likes Like |Link to Comment
  • Sirius Antitrust Suit Could Lead to Sharp Downside [View article]
    You are right about pointing that Sirius is the only satellite radio company. Thanks for pointing this out. We will be careful about this in future.
    Apr 11 01:19 AM | Likes Like |Link to Comment
  • Sirius Antitrust Suit Could Lead to Sharp Downside [View article]
    'billion' is a typo and apologies for that. I would like to reiterate that we do not intend to provide technical analysis or stock buying/shorting tips. We aim to be an enabler for investors by helping them understand various important sources of value for a company. Also, through our graphic interface we aim to provide users means to express their opinions on drivers that are important to a company's fundamental value. If you have an alternative opinion on Sirius' average revenue per subscriber, you are welcome to express that on our website.
    Apr 11 01:12 AM | Likes Like |Link to Comment
  • Suntech Stock Sensitive to Cost of Solar Cells [View article]
    Dear All,
    Thank you for your posts and apologies for the oversight. This was a mistake on our end. We are reviewing our Suntech material (clearly overdue) which should be available on our site shortly and have asked Seeking Alpha to make note at the bottom of this article in the meantime.
    Thanks, Trefis Team
    Mar 24 11:43 AM | Likes Like |Link to Comment
  • Nike: Commodity Costs Rising but Expansion Opportunities Could Lift Stock [View article]
    Hi,

    Nike is one of the top buyers of organic cotton. You can refer to following links : www.greenbiz.com/news/..., www.cottonguide.org/ch...

    Although we do not have concrete data on what portion of their apparel is cotton, we believe cotton prices are likely to affect them. Additionally discussion of cotton in the article was aimed to be an example of commodity prices rising.

    Regarding your question for footwear prices (or margins), we apply company-wide margins to all segments. These margins will of course be affected. The idea was to show the most important segment here, which is Nike branded footwear.

    Thanks
    Dec 31 12:09 AM | Likes Like |Link to Comment
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