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westcoastinvests

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  • On average, U.S. iPhone users are slightly younger and much wealthier than Android counterparts, according to charts from Horace Dediu. ~40% of iPhone users have household income of at least $100K, compared with ~25% of Android users, while the % of Android users with household income of less than $25K is about twice as high as the % of iPhone users. Two possible takeaways: The iPhone's demographics will help it maintain its app monetization edge (which affects developer support), and the iPhone would likely grab more share if Apple cut unsubsidized prices and enabled cheaper plans. (Piper[View news story]
    40% of Iphone users have 100K+ income, I don't know but I really have a hard time believing that statistic.
    Oct 12 07:19 PM | 8 Likes Like |Link to Comment
  • Intel Could Be The Next Dow Dog [View article]
    In response to the slowdown in the buy back, I do believe that INTC is strategic with the timing of their buybacks, seems wise that they would have paused when the stock price broke out above 25. I would expect they are buying at these levels or soon will be.
    Sep 17 09:21 AM | 6 Likes Like |Link to Comment
  • Initial Jobless Claims: 388K vs . 375K consensus (prior week revised to 389K from 386K). Continuing claims +3K to 3.31M.  [View news story]
    Don't worry more people will drop out of the work force, unemployment rate will keep declining. As long as pubicly traded CEO's keep getting rich off of central bank mandated higher stock prices everything will be fine.
    Apr 26 08:37 AM | 6 Likes Like |Link to Comment
  • Intel's Q3 Revenue Miss: A Fire Sale For Long-Term Investors [View article]
    Ashraf,

    I don't have an issue with what you write about in your articles covering INTC. I hope I have made that clear. What I do take issue with is your constant repetition of essentially the exact same point. Without exaggeration you have probably written 30+ articles over the past month or so all saying essentially the same thing "You believe INTC is a good investment". At the beginning of your run of INTC articles I read a few and thought this guy makes some good points. As you made the same point in 10 then 20 then 30 articles I thought ok this guy is way too biased to be taken seriously. I am now of the belief that you actually continue to pump INTC in the hopes that if you write enough positive articles it actually might help boost the stock price.

    I am not someone who criticizes ideas, I have no problem with you believing that INTC is a good investment. It is like the story of Chicken Little however, if you continue to repeat the same story over and over again people will tune you out. I said it the other day I am really surprised that SA continues to publish your articles day after day. I do hope that INTC stock performs well for you, I own some as well. I strongly believe that if you write fewer articles championing INTC that you will gain more credibility. Best of luck
    Sep 7 04:31 PM | 5 Likes Like |Link to Comment
  • "We caution against mistakenly categorizing speculation as a form of manipulation," says the CME, responding to the President's proposals this morning. "To use margin requirements to control cash prices is misplaced ... (this) would make the markets less efficient, less tied to fundamentals ... push hedgers out of the market ... (and) make oil more expensive for all consumers."  [View news story]
    Once again the only asset class in which speculation is considered a good thing is in equities.
    Apr 17 03:00 PM | 5 Likes Like |Link to Comment
  • "People need to study their facts" before criticizing speculators, CME chairman Terry Duffy says in response to Pres. Obama's blaming traders for driving fuel prices higher. Speculators provide vital liquidity to markets: "When the Dow goes above 13,000, Google goes above $600/share and everybody celebrates, who do you think did that? The U.S. equity market is 100% speculators."  [View news story]
    Very true been saying it for years the governement encourages stock speculation while deeming all other speculation as evil. It makes no sense, but it's all they can do to try and fix things.
    May 2 02:33 PM | 4 Likes Like |Link to Comment
  • Bernanke: We will not hesitate to use additional QE if deemed necessary. The markets like that, the DJIA immediately popping 45 points. Gold recovers its losses, back to nearly unchanged.  [View news story]
    I am not sure how markets are ever expected to stand on their own again, if even when easing is not needed, Bernanke has to literarlly say that easing stands at the ready?
    Apr 25 02:29 PM | 4 Likes Like |Link to Comment
  • Bernanke: We will not hesitate to use additional QE if deemed necessary. The markets like that, the DJIA immediately popping 45 points. Gold recovers its losses, back to nearly unchanged.  [View news story]
    Number 1 requirement to be elected President in the television era is to have a good head of hair, he will never make it.
    Apr 25 03:34 PM | 3 Likes Like |Link to Comment
  • "We caution against mistakenly categorizing speculation as a form of manipulation," says the CME, responding to the President's proposals this morning. "To use margin requirements to control cash prices is misplaced ... (this) would make the markets less efficient, less tied to fundamentals ... push hedgers out of the market ... (and) make oil more expensive for all consumers."  [View news story]
    It's the same thing with stock prices. Those buying stocks in "growth" companies, that do not pay a dividend, are not "using" the stocks they buy they are speculating that more money will be printed and the nominal value of these stocks will appreciate. Somehow we have been convinced that higher stock prices should be the number one goal for every American, and while speculation is villainized in every other asset class speculation in stocks is essentially how the Fed thinks we will solve our problems.
    Apr 17 07:50 PM | 3 Likes Like |Link to Comment
  • A rumor China's Q1 GDP is going to print 9% tonight is being give some credit for today's rally in risk assets. Putting aside suspicions about Chinese data, we forget - is it bullish or bearish for the number to come in fast? Wouldn't strong Q1 GDP lessen the need for monetary ease - rumors of which are also getting credit for today's rally.  [View news story]
    That effectively sums up the current environment. Stocks are perceived as almost risk free because everyone believes that Central Banks will do anything and everything to make sure equity prices do not fall.
    Apr 12 01:05 PM | 3 Likes Like |Link to Comment
  • Is Windows 8 making a bad situation worse for the (non-Apple) PC industry? NPD believes U.S. retail sales of Windows gear is down 21% Y/Y since Oct. 26, the day Win. 8 launched. Notebooks -24% and desktops -9%. Also, thanks to inventory-clearing and perhaps also a cautious enterprise response, Win. 8 has only made up 58% of Windows device sales since launch time, compared with 83% for Windows 7 in its first 4 weeks. 6% of Win. 8 notebook sales involved touchscreens, and ASPs rose to $477 from $433 in the year-ago period. (40M licenses[View news story]
    Well at least now we know what news has been hammering INTC this morning.
    Nov 29 10:38 AM | 2 Likes Like |Link to Comment
  • More on Intel's Q3: PC division sales -8% Y/Y, server division +6%. PC CPU prices -1% Q/Q and -4% Y/Y. Gross margin was 64.3%, nearly flat Q/Q and better than expected. But it's forecast to fall to 57%-59% in Q4, which suggests pricing/ASP weakness. 2012 capex, previously expected to be at low end of $12.1B-$12.9B range, is now expected to total just $11B-$11.6B (a negative for chip equipment stocks). INTC -1.9% AH. CC at 5PM ET (webcast). (CFO comments - PDF) (PR[View news story]
    Yes AMD has been allowed to survive for years to avoid regulatory pressure, now as INTC faces competition from non PC chip makers there seems little need to worry about pushing out AMD.
    Oct 16 06:12 PM | 2 Likes Like |Link to Comment
  • Advanced Micro Devices Warns On Weak Demand: What's Next? [View article]
    Salman, I get your frustration with INTC but I would strongly bet against it falling to 15 where it would yield 6% at it's depths in Feb 09 it yielded about 4.7%.

    Ashraf, I appreciate the honesty in your article, very few who post on Seeking Alpha can ever admit they were wrong about anything.
    Oct 11 08:33 PM | 2 Likes Like |Link to Comment
  • Intel's 17% Correction Presents A Buying Opportunity For Long-Term Investors [View article]
    Yes if you had put that in the article I think it would have strengthened article, thanks for response.
    Sep 27 12:36 PM | 2 Likes Like |Link to Comment
  • Intel (INTC) is downgraded to Neutral at Citigroup which cites Asian checks and PC unit growth falling 1%. That's outstanding analysis after the stock has fallen more than 20% since May, and following the company's downside guidance last week. Shares -0.7% premarket. [View news story]
    Yeah it would be amazing if it didn't happen over and over again, the business of upgrades and downgrades is ridiculous.
    Sep 13 09:10 AM | 2 Likes Like |Link to Comment
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