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sreimer77

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  • Cutting Costs Will Be A Major Factor In Nokia's Turnaround [View article]
    Funny thing is, their selling more phones ytd in the US then they did all of last year.
    May 23 08:12 PM | 1 Like Like |Link to Comment
  • As revenue plunges and share losses mount, worries about Nokia's (NOK) cash burn are growing: the company has gone through $2.7B over the last 5 quarters, a rate that, if continued, would wipe out its $4.9B in remaining reserves in less than 2 years. Moreover, Nokia has €1.25B ($1.59B) in 5.5% bonds due in 2014. Liquidity fears have resulted in Nokia's credit rating being downgraded to junk, and its 5-year CDS spread widening to 749 bp.  [View news story]
    It also ignores the annuity income from royalties thanks to Apple and Google, the Billion annually from Msft. Wait a minute, oh these two examples equate 1.6 billion. How much was that debt? Wait, in 2 years, so double that to 3.2 bill. If I read their financial statements correctly, they have 3.8 billion in Long Term Debt. I'm not too scared, they can pay this even if cease to ever make a profit which we all know will not be the case. The Lumia 900 is more stylish, larger and provides better value then the Iphone. Hence why sales in China are doing well.

    interestingly, Verizon said today that unlimited plans are going away. That their gonna make those that are grandfathered pay more for the device. Giving data usage charges will continually increase, RIMM actually will be the biggest beneficiary as they use the least data thanks to their proprietary network a lot of the bandwidth is redirected. So BlackBerry has a very strong differentiation in that it consumes less bandwidth, hence why they're so successful in India. India is primarily 2 g or worse and the blackberry is the only smart phone that really works on low tech networks.
    May 18 10:57 AM | 1 Like Like |Link to Comment
  • Cisco: Too Much Of A Decline? [View article]
    All business are tough, no one said competition was easy. The quality of earnings is more important then earnings itself and second, profit margins. If Cisco were in that much trouble, they're margins would be declining, not increasing.

    They would have to discount to win deals, which does not seem to be occuring. Go buy Apple and you will see what happens when profit margins decline!
    May 16 10:11 AM | Likes Like |Link to Comment
  • Research In Motion: Going, Going... Sure To Be Gone [View article]
    We're do I deposit my $5 for this fortune teller, as it ain't worry a cent more. Research in Motion was a profitable company prior to the blackberry device. You fail to mention the service model, their array of products for the auto market. Again, fiction, not fact. The only thing that will save the markets from themselves is Censorship. I'm losing all confidence in Free Markets, but not because I do not believe in it, but because it is being controlled by computers, attacked by those looking to make a quick profit, attacking entire countries and destroying jobs in the process. By spreading lies, misrepresentations, propaganda we hurt the integrity of the markets causing individuals to lose confidence. Retail participation in the markets are at a generational low. Institutions control the trend. Who the hell is buying treasuries paying 1.7% for ten years? Oh yeah the Fed. The Fed cannot buy longer dated treasuries as they do NOT exist. So how is it rolling it short term positions, buying long term as known as operational twist when there is no such thing anymore as a 30 year treasury. Yes they do exist, but with remaining maturities of 10 years and less. Again more lies. Obama is going to cracks down on futures because of the high price of gas. Gas is based upon Brent of which is traded in London. Wti is already cheaper, we just need more of it, aka pipelines from Canada, pipelines to the East and West. Does Obama know this, yes he is from Chicago, home of the futures exchanges. Again another lie unless his intent is to take over England. All financial companies are criminals, no JP Morgan was a mistake, their making sure it will not happen again. Who wants to lose $.Corzine is the criminal, not the entire financial sector. The fact is, we do not have enough tax revenue to pay for the 3 largest budget. If you add together social security, Military (which spending is declining) and Medicare/Medicaid, total expenses are 2.64 trillion. Tax revenue including payroll, income and corporate. = $2.43 trillion. So we are running a deficit of 20$ billion after these programs. The rest of government is being financed. Solyndra? We will be paying the interest on that loan into perpetuity. We are now borrowing to service our debt, budget deficit and outstanding interest which has gone from 6% of tax revenue to over 10% in ten months. If rates do rise, that % will increase and then say good bye to Entitlements as well have the same choices that the Greeks do. Who are the real criminals? The ones distorting the truth for their personal benefit, cause or whatever.. It's time to tell the truth or America will be the next Greece. Our debt to GDP is higher then France by over 10%,but you wouldn't know that by reading the news.
    May 16 09:21 AM | Likes Like |Link to Comment
  • Cisco: Too Much Of A Decline? [View article]
    It's called supply and demand. At the current market cap of 90 billion, how long would intake Cisco to buy back every remaining share? It can buy then back in European markets, therefore avoiding paying taxes on that 48 billion. Cisco has 7.7 billion allocated to buy back more shares. So 90-7.7=$82.3. They have 48 bill, or 30 net of debt. $82.3- 48= $34 billion. They are generating 3 Billion of free cash flow quarterly, or $12 a year. So if they want, in 3 years at these prices Cisco will become private. As share count continually. Goes down, and longs hold still there will be nothing left to short and the sky is the limit for any remaining outstanding shares. Will it happen, it is. Will they spend all $ towards buybacks no, but as we can see in 5-6 years this could occur and that be conservative. Since when do we frown upon companies that the produce exceptional profit margins, consistent annualized growth and massive amounts of cash.
    May 16 08:52 AM | Likes Like |Link to Comment
  • Cisco (CSCO) shareholders hoping John Chambers will go are out of luck, a former exec tells BI. Chambers gets rid of anyone who challenges him, the exec claims, and Cisco's board consists of hand-picked Chambers selections such as ex-Yahoos Carol Bartz and Jerry Yang. In spite of huge stock buybacks, Cisco shares have been range-bound for over 8 years.  [View news story]
    Let's see, they have bought back 3.5 billion shares. Shares outstanding are down 10% just over last 3 years. They have another 7 billion allocated for share re-purchase and have a market cap below 90 billion. So subtract another half billion shares or 7 billion and outstanding shares will have a market cap of 83 billion. Another 48 billion in cash, quarterly free cash flows of 3 billion. In 3 years Cisco will only be able to do a non-leveraged buy out and take themselves private. That's all. Single digit P /E 's and a dividend well above a 5 year treasury in the mean time.
    May 15 09:20 AM | Likes Like |Link to Comment
  • Mysterious Research In Motion [View article]
    Finally someone who rights facts and not fiction.
    May 14 03:52 PM | 6 Likes Like |Link to Comment
  • SocGen's Andy Perkins cuts his rating on Nokia (NOK) to "sell" from "hold" and slashes his price target to €1.80 from €3, saying that plunging handset sales, large operating losses and restructuring costs will burn into its cash pile, and "even bring into question Nokia's very survival." ADRs -4.7%.  [View news story]
    And he told you to BUY it in 2006 at $30 too. I remember the first time someone mentioned Nokia in an investment article, it said at $26 a share it was a steal. So I started watching Nokia and boy was it rated well. So when Nokia hit $20 I bought my first 100 shares. S&P rated Nokia 5 stars through January 2011! So they, like Andy here, told you to buy in the $20's, hold through the teens, buy again when we reached the high single digits, hold when we got to $5 and now sell when are at $3..

    Nokia is getting 1 billion a year from MSFT. At $1.8 a share that would value Nokia at $6.7 Billion.. They have more cash then that. Their losses were a large result of extraordinary expenses (massive layoffs. Google and Apple are paying Nokia Royalties of $600 million a year. This is one example, there are many others and will be more to come. However, the present day value of $600 mil at a 4% discount rate it is worth $15 Bill, a 3% discount rate $20 Billion, at 2% it is 30billion. Apple pays MSFT royalties too!
    So no matter what discount rate you use, its worth a hell of a lot more then 6.7billion as we are forgetting Nokia's Net cash/receivables of 8 Billion, the Billion from MSFT If they just closed up shop and managed their patent portfolio we would be talking at present value well above $20Billion.

    I have been buying more aggressively of late and am astounded by the negativity. These same people said Intel was dead 2 years ago, that ARM was becoming adopted standard and that they had lost their way... That MSFT as an investment was dead. They told you not to buy Apple when it was at $30, but to buy NOW when it is at $550...

    Beware what you read as nothing is real anymore. Misrepresentations, Bias, Conflicts of Interest, Propaganga etc have all made our News Feeds weapons of mass destruction. Who wants to take down a company? Lets start a rumor and short!

    I own APPL, NOK, RIMM, MSFT, INTC, CSCO.../
    May 14 09:52 AM | 23 Likes Like |Link to Comment
  • Nokia Doesn't Need To 'Kill' Apple [View article]
    The reason why Warren Buffett said he would not buy Microsoft was due to a conflict of interest. He has been quoted many times that he would love to buy, but because of his relationship with the Gates, Gates Foundation and $, it could do more harm they good.
    May 14 08:57 AM | Likes Like |Link to Comment
  • Nokia Doesn't Need To 'Kill' Apple [View article]
    thanks for the technical. Many companies offer mobile websites that provide the exact same features that would be provided on an app. When on my playbook, I scroll down and click "Full website" as it always offers a much more rich experience.

    As long as my device can support the demands of the software delivery (Network), then the website experience will be 10 folds better then the App. An App is most useful when you are not on "The Network" and can therefore still use features. But lets be honest, its all about being connected and companies are investing larger sum's of $ into their websites then their app's.
    May 14 08:55 AM | Likes Like |Link to Comment
  • JP Morgan Chase $2 Billion Derivatives Loss Illustrates Toxicity Of Casino-Banking [View article]
    The nominal value on any derivative is never at risk, with the exception of some currency swaps, in which the only risk a bank is subject to is the difference in exchange rates. However, they are collecting a premium to bear that risk, which they hedge by buying futures, or selling the long end to someone else...

    If you have a 100mil interest rate swap, no one is ever at risk of owing 100mil. Only the difference between fixed and floating rates for that swap. So their is no ticking time bomb, just a bunch of College drop-outs or Liberal Arts degree's who have no knowledge of Math or Calculus. If a derivative is a dirty word, then why is it required course for any college degree in the sciences, business etc?
    May 11 11:26 AM | 1 Like Like |Link to Comment
  • JP Morgan Chase $2 Billion Derivatives Loss Illustrates Toxicity Of Casino-Banking [View article]
    They're is no perfect hedge, but at least you can quantify the remaining liability. Banks aren't the only ones who do this, doctors and hospitals hedge risk. At a certain age the risk of having a child with downs or autism increases and once the risk is high enough to warrant the more invasive test, they are then recommended. So if we're going to attack banks for hedging and diversifying risk, the next time a doctor does a test that has risks while they may be less then disease being tested, they will think twice about the benefit and liability.
    May 11 10:05 AM | Likes Like |Link to Comment
  • JP Morgan Chase $2 Billion Derivatives Loss Illustrates Toxicity Of Casino-Banking [View article]
    Yes he new the risk was happening, someone dropped the ball and never hedged against it. Interest rate swaps, or derivatives, are so common place that millions of companies use them. This is just a market meeting the demands of its customers.
    May 11 09:21 AM | Likes Like |Link to Comment
  • JP Morgan Chase $2 Billion Derivatives Loss Illustrates Toxicity Of Casino-Banking [View article]
    Before you go throw out words like 700 trillion, why don't you tell people that the notional value of 700 trillion never really switches hands. Only the interest rate, or difference in currency values. Stop spreading propaganda.
    May 11 09:18 AM | 2 Likes Like |Link to Comment
  • BB10 To Ensure Continued Blackberry Dominance In Many Markets [View article]
    Byod will be dead in 2 years. When companies need to guarantee the security of the information entrusted to them, the risk of Byod becomes to great. How many millions will a company pay to allow someone to use their own device? Data theft is quite easy when you have your own device. Also, when you leave your employment, you lose your # and your personal device and the information on it is locked to prevent data theft until the contents on the phone can be deleted. And when you get your phone back have fun changing your # because that becomes the property of the employer.
    May 9 10:17 AM | 1 Like Like |Link to Comment
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