Seeking Alpha

Alex Filonov's  Instablog

Alex Filonov
406 Followers
17 Following
Send Message
I was born in 1956 in USSR. After graduation from college in 1979 I worked full-time as an IT specialist. Until 1990 I worked for different companies in the Soviet military industrial complex. I created a small software business in 1991, which failed in 1993. I worked for Oracle Corp in 1995 in... More
My blog:
Muddling Investor
  • Cloud Computing: Clouds Are Moving 0 comments
    Jan 30, 2013 7:46 PM | about stocks: AMZN, VMW, RHT, GOOG, ORCL, MSFT, IBM

    I'm happy that I sold significant part of my VmWare (VMW) position ahead of earnings. Drop after earnings was spectacular. Here's what I think is happening.

    Cloud computing changes. It looks like companies are not that eager to create internal clouds. I'm sure that some companies are still doing it, but not enough for quite a crowded market. Which means that it's time to sell VmWare (VMW) and Red Hat (RHT), my other cloud position.

    On the other hand, Infrastructure as a Service and Software as a Service models are doing great. For IaaS major providers are Google (GOOG) and Amazon (AMZN). I own Google and Amazon looks scary with it's sky high valuation. For SaaS I'm watching Saleforce.com (CRM). Other providers include IBM (IBM), which also provides IaaS, Microsoft (MSFT) and Oracle (ORCL). But CRM is the only pure player. Of course, there are other providers in SaaS and IaaS areas, but I don't see anything significant. I'm looking.

    Disclosure: I am long VMW, RHT, GOOG.

    Additional disclosure: I have no positions in other companies mentioned. Positions can change any time.

    Themes: Cloud Computing Stocks: AMZN, VMW, RHT, GOOG, ORCL, MSFT, IBM
Back To Alex Filonov's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

StockTalks

  • Opened Santander Preferred 10.5% (Yahoo! Finance ticker SAN-PE).
    2 days ago
  • Sold short some $26 $FB June puts.
    7 days ago
  • Opened $AMAT. More in my instablog tonight.
    May 14, 2013
More »

Latest Comments


Most Commented
Posts by Themes
Closed End Funds, CLosed-End Funds, Closed-End Funds, Cloud, Cloud Computing, Cyprus, Economy, EU, Euro, Financial, Financials, FInancials, Fixed Income, FIxed Income, Forex, Hardware, Information Technology, International, Long Ideas, Macro View, Market outlook, Market Outlook, Options, Portfolio review, Portfolio Strategy Asset Allocation, REIT, Retail, Technology, Transports, Treasuries
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.