Chacama

Chacama
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  • That Was Easy: Starboard Bails On Staples  [View article]
    Starboard clearly manipulated both ODP and SPLS stocks but the SEC is the only that not see that... are they blind?
    Jan 29, 2016. 11:42 AM | 3 Likes Like |Link to Comment
  • Office Depot Has Just Run Out Of Ink  [View article]
    Yeah, right... On a different topic, do you know there is a certain activist investor who owned about 12% of ODP and fought with Austrian for a couple of spots in ODP's Board + having a say on the new CEO (Smith), then announced a stake of 11% in SPLS and pushed for the merger -almost doubling the price for both- and lately liquidated ODP and SPLS a couple weeks ago and now that the FTC has sued, opened a new large ODP position?

    But yeah, they don't share information.
    Dec 11, 2015. 01:24 AM | 2 Likes Like |Link to Comment
  • Office Depot Has Just Run Out Of Ink  [View article]
    I would say less than 20% -which is still an $8B business-. ODP/MAX has been already closing Grand & Toy stores mainly because their small retail footprint performance is worse than in the US and their commercial business is shrinking as well. I am with you: it makes sense to get rid of G&T and keep SPLS CA as is.
    Dec 11, 2015. 01:12 AM | Likes Like |Link to Comment
  • Office Depot Has Just Run Out Of Ink  [View article]
    From SPLS 2014 14-A 17% Intl (74% Europe, 19% Australia, 7% High Growth Markets). Canada is blended with US.
    Dec 10, 2015. 04:30 PM | 2 Likes Like |Link to Comment
  • Office Depot Has Just Run Out Of Ink  [View article]
    For the same reasons and more I do believe that SPLS will walk away right before the court date in march (which coincidentally is the time of stock grants for execs). Furthermore, better to pay $250M than loosing 30% of your market cap compared to pre-merger talks value.

    To me ODP is in the worst of the worlds: they have spent at least $100M on costs related to this merger plus they still have to pay a lot in retention bonuses and on top of this -and the declining revenue- they have bleed most of the smarter people and shared a ton of information including know how and strategy with Staples. - sounds just like 1997-.
    Dec 10, 2015. 03:46 PM | 3 Likes Like |Link to Comment
  • Office Depot and Staples still in regulatory limbo  [View news story]
    Unfortunately for ODP, not matter what the FTC decides, it is a company that was set to fail from day zero of Roland Smith's tenure: The few brilliant minds the company had a year ago have gone to greener (and steadier) pastures, cash flow is shrinking and all three divisions have declining revenue YOY and information, know-how and confidence have disappeared altogether. The few people staying at the company are there either because of their retention bonuses (managers and above) or because Mr. Smith's have them hostages to their relocation agreements (ex OMX employees). All of this BS, while Smith and Best Buddies Cosby and Hare who had been there for less than 18 months will get close to $95 millions in severance while having no material impact on the company. (seems like a nice free ride). As he told ODP employees a year ago: Smith is in the business of making companies go south (while he goes hiking to the Himalayas)
    Nov 20, 2015. 08:31 PM | 4 Likes Like |Link to Comment
  • Poor Microsoft: How Good Decisions, Made Too Late, Bode Poorly For The Future  [View article]
    Refreshing to see I was not the only one laughing at this cab article as if MSFT only focus are PCs and low profit retail PC transactions. To the author: there is a little informational piece you can peek on for free before making these bogus calls, the DEF14A... please read that.
    Nov 20, 2015. 07:35 PM | 1 Like Like |Link to Comment
  • Microsoft reduces OneDrive storage options  [View news story]
    Would be more like a car rental company downgrading you to a Chevy Spark because too many people were fitting 5+ people in the Grand Caravans... :-/ Dumb move anyhow.
    Nov 3, 2015. 09:18 PM | Likes Like |Link to Comment
  • Green light for Office Depot-Staples merger  [View news story]
    The headline to this note should read: Breaking News, There's no news!
    Jun 19, 2015. 10:00 AM | 2 Likes Like |Link to Comment
  • Microsoft Is Pulling A Fast One On Google  [View article]
    MSFT is already pulling a fast one at GOOGL with WP running on Android Phones and natively emulating the OS to run any Android app! If you add the abbility to have same apps across any devices is a win-win for MSFT-WP
    Jun 3, 2015. 02:45 PM | 1 Like Like |Link to Comment
  • Why Is Office Depot Stuck Around $9, Way Below The Offer Price Of $11?  [View article]
    I agree... I am living proof of that!
    May 5, 2015. 06:08 PM | 1 Like Like |Link to Comment
  • Microsoft: Putting Windows 10 Inside Android Phones Could Seriously Hurt Google  [View article]
    Well, for one point MSFT not only announced that this ROM will replace the native Android OS but that it will have Android embedded within, which will allow the user to run any Android app over Windows Phone 10 solving as well the always omnipresent "App Ecosystem" fluff. In the long run I bet this strategy will bear fruit as users will gradually have the opportunity to compare and play side to side on the same device two different GUIs and corporate IT will be happy as well since this will be a native Windows device taking away issues with BYOD policies. Now, it all depends on MSFT execution...
    Mar 20, 2015. 05:09 PM | Likes Like |Link to Comment
  • Windows 10 arriving in summer; pirates getting free upgrades  [View news story]
    Too bad the Corporate World did not wanted to invest half an hour training on the improved UI but rather choose to stick with Facebook and twitter productivity and some of them even made a switch to more professional email clients such as g-mail...
    Mar 18, 2015. 04:20 PM | Likes Like |Link to Comment
  • Office Depot: Someone Did Their Turnaround Homework  [View article]
    Not only his team: from the beginning his actions were clear that his intent was to end up selling ODP after getting his substantial compensation package. However ODP was turning around not because Rolland's direct actions but because ODP's legacy management who were heavily invested in the success of the turnaround. Furthermore, it was Neil Austrian who initiated the business stabilization back in 2011 after Steve Odland brought the company to the brink of bankruptcy. I don't blame Rolland at all, but there's so much for the 7 "values" he brought to ODP 18 months ago.

    Anyway, kudos for those of us who got long into ODP at one point of the stock uphill from 1.98.!
    Feb 5, 2015. 12:46 PM | Likes Like |Link to Comment
  • Microsoft unveils Skype real-time translator  [View news story]
    "some great stuff" sounds like "nothing" compared to this.
    May 29, 2014. 12:59 AM | Likes Like |Link to Comment
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