Precision Castparts Corp. (PCP)

All Comments on PCP

  • commenter
    Aug 28 10:48 AM
    10 Reasons To Look at 10 Oregon Stocks [view article]
    Excuse me but house prices are falling at a dramatic rate....especially in Bend and Central Oregon. The Salmon industry is finished and the eastern filbert blight is wiping out many hazelnut farms. One in five children go to bed hungry at night in Oregon. Oregon has close to the highest rate of suicide, meth use, unemployment and poverty in the nation since the loss of timber jobs and high tech....and it's tax hell....by standing on a two legged stool without a sales tax (drug dealers don't pay income tax) ....those who work are paying for those who do not work.....come on over to visit...and enjoy the rain for 200 days each year in the valley. Reply
  • commenter
    Aug 27 12:08 PM
    10 Reasons To Look at 10 Oregon Stocks [view article]
    I believe what the author was describing on #8 - revenue limits pertains to our property tax limitation. Oregon several years ago passed a limit to the general obligation portion of it's property tax - limited to $5/$1000 of assessed value. This limit can only be exceeded through state wide bond measures that are for specific governmental needs. Despite the limit, property taxes are still going up due to the dramatic increase in assessed values over the last 10 years. Reply
  • commenter
    Aug 26 01:43 AM
    My Website
    A Change-of-Pace Growth Strategy [view article]
    Wow. That was a lot of information. I really like Micros, they are doing everything right and yet the market is not rewarding them.

    I am thinking that money is probably best put to work in SKF right now as the financials experience reality.

    Keep up the good work.

    Clark Jenkins
    FishGoneBad.com
    Reply
  • commenter
    Aug 25 10:40 PM
    When To 'Believe the Hype' of a New Product [view article]
    Hello everyone...

    I wanted to reinforce the fact that I am ABSOLUTELY NOT criticizing Apple. Their ability to create Buzz, Hype or excitement (however you wished to call it) is one of the incredible reasons for their success. While there may be some great technology to their products, it isn't the technology that makes people line up for hours.....

    This implies whether they are actually intentionally creating the buzz/hype/excitement themselves or whether it is just the media (I found your comment on the iToaster funny, by the way). I listened to a great interview with an Analyst on Bloomberg where he referred to Apple as the "Media-Masters&qu... Creating hype for your product is not a negative thing on its own, it is only negative if you constantly develop products that do not live up to such hype. Apple is not one of those companies. The iPod is a fabulous piece of technology, as is the Mac product line (I own about 5 or 6 Apple devices in my house, thanks to my wife and child.). Haven't tried the iPhone, so I can't comment there.

    The purpose of the article was to touch on the idea about how Investors can play "hype" to their advantage.

    Again, many thanks for taking the time to read my article, and for your comments.

    Cheers and thanks
    Larry
    Reply
  • commenter
    Aug 25 03:08 PM
    When To 'Believe the Hype' of a New Product [view article]
    You call it hype... I call it a product announcement. That is what Apple has done for years before even the iPod. Frankly, I don't recall any hype with the iPod. I didn't buy my first iPod until the 3rd generation. After the success of the iPod, there was alot of anticipation for the iPhone. Simply put, Apple knocked it out of the park at the MacWorld expo in Jan 2007 with that announcement. No one expected all the features that the iPhone had. The success of the iPhone created even more anticipation for the 3G model. My point is that Apple is not creating the hype, it's Apple's success that is doing it. At this point, if Apple introduced the iToaster tomorrow, there would be a million articles written about it. Reply
  • commenter
    Aug 25 12:38 PM
    When To 'Believe the Hype' of a New Product [view article]
    250541 -- Perhaps you are correct in your word descriptions. I guess I don't differentiate the two as much as you do. I was in Marketing at a Carrier for years, and we referred to the whole experience (what we did, and the eventual reaction) as Hype.

    To reiterate what I said earlier, my point wasn't to focus in on Apple, only to use them as an example. It just seems that when you use the word "Apple" in your work, people disregard everything else and get defensive.

    Thanks for taking the time to read and to comment!
    Larry
    Reply
  • commenter
    Aug 25 12:28 PM
    When To 'Believe the Hype' of a New Product [view article]
    Also, "making product information available" is not the same as "hype".

    Reply
  • commenter
    Aug 25 12:26 PM
    When To 'Believe the Hype' of a New Product [view article]
    Like many people out there, you mistake hype and buzz. Hype is what a person/company does, buzz is the effect.

    The iPhone had buzz without having to hype it up.
    Reply
  • commenter
    Aug 25 11:52 AM
    When To 'Believe the Hype' of a New Product [view article]
    Texasgolfer -- thanks for your note.

    I know of a stronger challenge in Canada, with Comwave's main product (like Cisco, also a VoIP product), where it dragged out for much longer and was much more of a threat to Apple's launch of the iPhone. The Cisco one seemed to be settled quickly, as I recall.

    Doubt that was an intentional part of Apple's plan, but I am sure that they enjoyed the free press!

    I just wanted to point out that the purpose of the article was not to slam Apple......I think they did a miraculous job, in fact, and I say so in the article. People seem to become extremely defensive about this company when they sense (incorrectly in this case, I might add) that someone may be saying something bad against it. The purpose of the article was to examine whether product (and more importantly, Sales and Earnings from the product) live up to the hype and how investors might gain for it. It wasn't meant to be a forum on Apple, but it appears that it may have become so...

    I guess like Apple's legal challenges, it doesn't matter why people read, as long as they read....=)

    Larry
    Reply
  • commenter
    Aug 25 11:39 AM
    When To 'Believe the Hype' of a New Product [view article]
    There was some "legal" wranglings about the name. I thought it had to be purchased from CSCO or someone. All part of the hype?
    Reply
  • commenter
    Aug 25 11:02 AM
    When To 'Believe the Hype' of a New Product [view article]
    TanToday -- Thanks for your comment. I appreciate all comments, even those with differing opinion than my own.

    Interesting that you say that Apple did nothing.....why is it that they pre-announced the product months in advance of launch? Why is it that they gave pictures, brochures, marketing material, FAQ answers to the carriers months before they launched (I know, as I have contacts at AT&T and Rogers who have them)? Everyone knew exactly what the iPhone was about long before it ever hit the stores.....that is EXACTLY what pre-launch hype is.

    I encourage you to check out this article:
    www.nielsenbuzzmetrics...

    It shows:
    - Apple informed the world of the iPhone in January 2007, despite the fact that it was launching in June 2007
    - Quote from this web page, "“Apple’s iPhone is riding an unprecedented wave of pre-launch conversation and expectations are mounting,” said John Latona, Vice President of Client Services, Consumer Technology, at Nielsen BuzzMetrics. “Starting next week, the nature of the conversation will shift to very explicit and descriptive commentary about actual experiences with the product, and this will have a huge impact on ongoing trial, advocacy and sales.”
    - Stats from the same web page: Traffic to the official corporate site, apple.com, spiked following the iPhone announcement. According to Nielsen//NetRatings, the iPhone section of the site had 1.79+ million unique visitors in January 2007 and the keyword “iPhone” was searched 870,000 times. Consumers continued to visit the site during February and March frequently, with more than 980,000 unique visitors per month, with a slight decline during April (almost 637,000 unique visitors). Web traffic to the site increased again during May with more than 701,000 unique visitors a month prior to release.

    Maybe Apple didn't fully intend to have this kind of publicity, but you can't honestly tell me that this product didn't launch with perhaps the biggest hype of any new product in recent memory?

    Cheers
    Larry

    Reply
  • commenter
    Aug 25 09:25 AM
    When To 'Believe the Hype' of a New Product [view article]
    Bull.

    Apple did NOT "hype" the original iPhone, when asked what premarketing approach Apple had for the phone, Steve Jobs answered "We had NONE."

    Same with the new iPhone.

    ZERO, hyping. In fact, there is hardly a company around that goes to such massive lengths to ASSURE THAT there will be NO advance information on a product prior to it's release.

    So, the title is misleading, and the article is PURE SHAM where the author is either clueless, or trolling for hits.
    Reply
  • commenter
    Aug 24 08:37 AM
    10 Reasons To Look at 10 Oregon Stocks [view article]
    Great stuff, i love you state specifc ideas. Keep the coming.

    Can you explain number 8 to me. What does a revenue mean? what is the investing impact? what are the other 6 states?
    Reply
  • commenter
    Aug 09 02:25 PM
    Precision Castparts: Underlying Growth Prospects Are Overlooked [view article]
    Thanks for the article. I own PCP. Reply
  • commenter
    Aug 08 06:51 AM
    My Website
    Precision Castparts: Underlying Growth Prospects Are Overlooked [view article]
    You've hit it out of the park. Extaordinary company with an undervalueld stock and excellent management. When the sector comes back, this will be the champion of the move up. Reply

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