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rdmill

rdmill
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  • Why I Have Re-Entered Sarepta Therapeutics [View article]
    I wonder why the company has not been able to sign up more than 12 boys. Surely there are many more candidates. Given the Eteplirsen is safe, seemingly effective and the only treatment that currently works, one would thinks that parents whose sons have the condition would be knocking down Sarepta's doors to enroll their sons. With 30-40 confirming the long term results approval would be a forgone conclusion. 12 may give the FDA excuse to demand an increased sample size or give highly conditional approval. rdmill
    May 13 06:40 AM | Likes Like |Link to Comment
  • 3 Reasons Apple Buying Beats Is Smart [View article]
    Omnimoeish--You are correct. This is insignificant at best and tarnishing at worst. What ever value this brand has will add little to Apple's future and turn a lot of people off. Cook seems to be playing a mixture of catch up and diversion. Dividends, buy-backs and 2nd rate additions. This is what companies which have peaked out do. Google attempts bold moves into the future. Apple is now a marketing company. Perhaps that will work in China for a while as its appeal fades here. rdmill
    May 10 08:35 AM | 1 Like Like |Link to Comment
  • My Projection Of MORT's Dividend Was Exactly Correct, Implications For MORL [View article]
    Mr. Bronfman--The Dove who is morphing into a Hawk, Janet Yellen, has indicated that short term rates may be raised in 2015. Expectations of a sharp rise in 10 year rates have proven mistaken. IF short term rates began even a slow ascent over 2 years while the 10 year stays under 3%--thus flattening the yield curve--is this not bad for financial stocks in general and Mreits in particular as their cost of borrowing rises? Thanks rdmill
    Mar 29 06:53 AM | Likes Like |Link to Comment
  • MannKind And Afrezza's NDA Evaluation: What Is The Real Justification For The Advisory Committee? [View article]
    Mr. Johnstone--this is the most important article on Diabetes hat has appeared on SA. For that alone it is indispensable. You rightly concentrated on The One crucial issue for the FDA: The long term consequences of inhaling Afrezza. In fact one could read this long concluding section of your essay as the reason the FDA will not approve the treatment at this time. Another 3-5 years of study of the effects of the regular use of Afrezza will help resolve these legitimate concerns--do the lungs transmit the full benefits of the inhaled drug and are there significant health issues with its regular use. MNKD does not have the funds for such continuous testing and study. A big Pharma would. After reading your article I concluded that it is no more likely that Afrezza will be approved than that it will not, alas. Will doctors be quick to prescribe it or wait for more study even if it is approved? Many unknown unknowns. Robert Millman
    Mar 28 09:29 AM | 1 Like Like |Link to Comment
  • Apple iPhone ASPs Are Certain To Fall [View article]
    This is a useful analysis that combines common sense with historically relevant comparisons. Tim Cook is the albatross around Apples' neck. Competent but not visionary--utterly lacking Job's abilities. Carl Ichan would not have had to come to the rescue of the company otherwise. I do not like his bullying tactics. But he was right--IF Apple is not going to innovate except at the margin, then the only thing it can do to maintain and increase its share price is to buy back shares and increase the dividend. This is the very opposite of what Jobs did with the company. Yes the best iphones are aspirational products--for now.
    Cook doubtless fears that a non-junky iphone at half the current prices would pull sales away from the 5s and upcoming 6 models. Perhaps fro a while. Those who want the top end will still buy them. But then margins come down as market share increases. Cook is thus caught between a rock and a hard place. The new operating system is superb. IF cook can deliver on some of the ideas being floated around and investors believe once again that Apple has something for the future the share price will rise. IF not...rdmill
    Feb 7 07:08 AM | 2 Likes Like |Link to Comment
  • Apple Can't Fix Its Biggest Problem [View article]
    Mr. Mauer--this is perhaps the best of the recent articles on Apple. You have nailed the real problem: expectations for Apple are too high. It seems that the company can only disappoint at earning time. So that whatever progress the stock price makes is wiped out when earnings are announced. This is truer of Apple than any other major company. Nothing is forgiven now that the "magic: of Apple is gone. Disenchantment combined with still unrealistic earnings and innovation expectations are a prescription for a falling or stagnating stock price. It seems that everything has to go right for Apple to get into the good graces of institutional investors. The China Mobile deal will have to exceed expectations. There will have to be a large screen iphone. A real Apple TV will have to be developed, etc. What is the probability that all this will happen in 2014? Google can do no wrong. Apple can do no right. That is investor psychology now. rdmill
    Feb 4 06:40 AM | 22 Likes Like |Link to Comment
  • Apple cut to Sell at Standpoint over moral reasons [View news story]
    Moral arguments of this sort are easy to make. These facts have been known for a long time. Investors who are disturbed by these facts, and are not interested in context should not invest in any "exploitative" company irrespective of its growth potential. As a valid investment decision it is as above, simply ridiculous. Steve Jobs was surely not a nice guy and was feared even hated by many who worked for him.The number of nice, decent, moral persons who have created companies as valuable and important as Apple hovers near zero. rdmill
    Jan 6 07:51 AM | 2 Likes Like |Link to Comment
  • VirnetX Patents Challenged By Recently Formed LLC - A Closer Look [View article]
    The new tactic seems to be to counter litigate forever even against valid patents thus creating an atmosphere of doubt on the art of investors. Same with Vringo an Google. Google could have bought Vringo with pocket change and make life tougher for its competitors. Or have settled a year ago and move on. Bullies-with-Billions will never acknowledge wrong doing. rdmill
    Aug 27 09:18 AM | 1 Like Like |Link to Comment
  • Can Apple Succeed Balancing Cheap With Premium? [View article]
    Very thoughtful essay. Is it possible that the less expensive iphone will be of appeal in Asia and that the volume of sales will make up for the loss of profit per phone? It is certainly the case that Apple's stock will not rise much just on a less expensive iphone, stock buy backs and increased dividends. None of that is a substitute for innovation and leadership. rdmill
    Aug 2 10:10 AM | 1 Like Like |Link to Comment
  • Turn Apple Into A Serious Income Investment Yielding Over 5% Annually [View article]
    No point in doing this unless you believe that Apple has a reasonable chance or rising in price. Selling monthly calls 6-10% above the current price will do more than selling the put. rdmill
    Jun 11 04:25 PM | Likes Like |Link to Comment
  • There's No Limit To Google's Ambitions [View article]
    You have made a very good case for all intelligent persons to minimize their use of Google and its products. Your very title says it all. Unlimited ambition backed by considerable dry powder is rarely an instrument for good in the long run. Morality and a commitment to the good requires restraint and respect for the autonomy of others. Would anyone in his or her right mind say that those are essential attributes of Google? A Google world is totalitarian by its by its very nature--even if it seems to facilitate the satisfaction of the desires of individuals. There will be no need for Stalinist thuggery. A smooth, almost invisible web of control will envelope billions of users. Facebook and Apple are trivial in comparison. rdmill
    Jun 6 05:03 AM | 1 Like Like |Link to Comment
  • Will Google Throw In The Towel In The Endgame Against Vringo Due To Legal Precedents? [View article]
    Why no discussion of Google's claim to have an effective walk-around obviating their need to continue to violate Vrng's relevant patents? How likely is it that a company as rich and powerful as Google has simply created a smoke-an-mirrors alternative to Vring's patents? Isn't this The issue facing longs at this point? rdmill
    May 23 06:56 AM | 1 Like Like |Link to Comment
  • Alan Abelson Died: Lives On Through A Generation He Defined [View article]
    James--I echo your sentiments. Abelson's columns were like no other. He could say outrageous things in such a disarming way that his surgical expose of foolishness he exposed brought a smile to one's face, not outrage or anger. Like many other I could not wait to read his column knowing that at some point I would break out into uncontrolled hilarity. His bon mots are and will remain unequalled. There is no voice like his. I hope a book of his columns is published. rdmill
    May 13 03:10 PM | 4 Likes Like |Link to Comment
  • Google Removes Beta From GCE And Declares War On Amazon [View article]
    May I ask a "naive" question? IF Google succeeds will this not hurt Amazon? Can amazon's lead in cloud services possibly cause Google to fail in this venture? Not even Google alwys wins. rdmill
    Apr 24 04:30 PM | Likes Like |Link to Comment
  • Google Vs. Apple: It's About Scalability [View article]
    Mr. Waters--thank you writing what is possibly the best article yet on why Apple is "failing" while Google seems to be able to grow indefinitely. This makes most of the other essays on Apple simply irrelevant: An increase in apple's dividend and a share buy back in no way addresses the key problem: Apple's growth model no longer works. My question to you is whether Apple can "fix" or improve its flawed model given its lifelong commitment to "insanely wonderful products" which limits scalability by its very nature. Tim Cook is certainly not the person to bring Apple out of decline. Steve Job's concept was that the unconditional superiority of any Apple product would make it largely invulnerable to competition. And that is arrogance which has been refuted by reality. But can Apple be Apple and solve the scalability problem. Your essay suggests that it probably cannot. You also nicely explained why Msft is in effect a dead company always seeing to stay in place as it pretends it is going forward. I wonder if Facebook also faces the scalability limit given its founder's concept. By the way, Google's attempt to dent Facebook has been less than a success. Thanks rdmill
    Apr 21 07:32 AM | 1 Like Like |Link to Comment
COMMENTS STATS
140 Comments
129 Likes