Siwanoy

Siwanoy
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  • Why AT&T's Total Income Growth Is Important  [View article]
    Because the so-called future performance is not based on any reasonable assessment of facts. It is entirely bogus. My comment stands as unassailably appropriate. I am not a big fan of fraudulent analysis and never will be. I believe investors are entitled to a reasonable assessment of facts and prospects. If SA is going to allow the publication of stuff like this, then I will do the deceivers a favor and leave this site.
    Mar 21, 2015. 09:40 PM | 2 Likes Like |Link to Comment
  • Is Apple Shifting More Toward A Luxury Brand In Some Markets?  [View article]
    You've made my point, exactly, David. "Everyone" loves the company because you buy in to great quality that is the same for everyone. With this pricing anomaly, they've screwed with it. Either they've ruined that perception by offering different qualities, like Toyota and Lexus supposedly have, or they've insulted the intelligence of the big spenders. The latter case was made yesterday by the CEO of Tag Heur, who said of the $10,000 Edition, "it's a nice Apple watch. Personally, if I spend $3000 on a watch I want something sexier that my grandchildren will wear." Time will tell, but I believe they've screwed themselves with one constituency or another. If they've screwed themselves with the $350 crowd they've made a very big blunder.
    Mar 21, 2015. 06:48 AM | 1 Like Like |Link to Comment
  • Is Apple Shifting More Toward A Luxury Brand In Some Markets?  [View article]
    Not too sure. Do Corolla owners feel on top of the world because they share cache with Lexus drivers? They both drive cars engineered by a top quality company. I don't think so. My point is that any Apple product was a Lexus until Apple changed the cache of its products with this move. I also wonder if there will be a reverse cache, to wit, "only a fool would throw $10,000 on a $350 dollar watch." I think that less likely and more likely they lose sales of $350 watches because they lost their cache with this pricing move.
    Mar 20, 2015. 07:23 AM | 1 Like Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners  [View article]
    You just did, I agree.
    Mar 19, 2015. 08:07 PM | Likes Like |Link to Comment
  • Is Apple Shifting More Toward A Luxury Brand In Some Markets?  [View article]
    David,
    You did the very good research and you deserve all respect for your very fine work. My concern is a bit more precise than the the post I mistakenly made before it was properly edited. My question is whether the pricing difference will discourage significant numbers of $350 Apple watch buyers because they no longer believe they are buying a top of the line product, and they obviously aren't if the gold Edition starts at $10,0000. Is that lack of cache important to selling mega-numbers? My concern is that it might be important and discouraging.
    Mar 19, 2015. 08:00 PM | 2 Likes Like |Link to Comment
  • Is Apple Shifting More Toward A Luxury Brand In Some Markets?  [View article]
    David
    This is an interesting research article. I agree they are exploiting demand overseas in accord with your work. I'm more interested in whether they made a mistake with home customers by pricing the gold watch in the 10 to 17 thousand range. It's been widely said that this is for the Mandarin speaking crowd but I wonder if it adversely impacts the cache of Apple products with the U.S. Mass market? People pay a bit more for their products here in some part because as a status item that has superior performance.
    Mar 19, 2015. 11:42 AM | 1 Like Like |Link to Comment
  • Apple's Sane Advantages  [View article]
    Not so fast. Of course the resale value helps drive sales of new iPhones as well as the ecosystem. That's what makes the price acceptable to many who would not trade up so quickly otherwise! Why do you think S requires a customer from another network to turn in their current iPhone for a new one?
    Mar 19, 2015. 10:52 AM | 4 Likes Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners  [View article]

    NYC...
    Yup, you are correct but I think you meant to say share reduction, not EPS reduction, in your last sentence. It's the share reduction that seeks to grow EPS.
    Mar 19, 2015. 07:13 AM | Likes Like |Link to Comment
  • It's Time To Turn Bearish On Rackspace, Again!  [View article]
    Extech,
    You must be a very good and patient parent to devote this much time and effort to this particular author, who clearly doesn't understand the sector or RAX.
    Mar 19, 2015. 06:46 AM | Likes Like |Link to Comment
  • Can Sprint Perform Magic?  [View article]
    I don't see Son selling the 2.5 Ghz assets. Spectrum is too hard to come by these days and demand is growing, as we saw in the AWS auction. I do see him wholesaling it, however, and that is in line with the Google interests and current rumors. I further think that he might consider bankrolling Ergen at Dish, but only if he gets control and Ergen isn't there yet. Ergen does have a shot clock however requiring him to use the spectrum he is sitting on.
    Mar 19, 2015. 06:26 AM | 1 Like Like |Link to Comment
  • Foreseeing Limited Upside In Freeport-McMoRan In 2015  [View article]
    ThE lack of analysis of the capex joint venture efforts is a very major miss in any article purporting to cover this company.
    Mar 19, 2015. 06:12 AM | 1 Like Like |Link to Comment
  • Report: Freeport McMoRan hires Goldman, Barclays to find financing partners  [View news story]
    I heard the CC a bit differently than you did, apparently, Satyr. To me the continued dividend was linked to ramped revenue or reduced capex and without outside capex or a good uptick in commodity pricing, the choice was likely to be made to reduce the dividend and spend the capex that could continue to grow revenues through the commodities price crisis. In other words, the dividend and the joint ventures were very much linked.
    Mar 18, 2015. 05:31 PM | 1 Like Like |Link to Comment
  • GE CEO Jeff Immelt Issues Letter To Shareowners  [View article]
    Mike,
    The terms of the offer of the split-off, i.e., the company's offer of trading your GE shares for SYF shares is not yet determined, as far as I know. Nor is the date set, as far as I know. I have received no information from GE whatsoever. The major point of not doing an outright SPIN-off to shareholders is to reduce the number of GE shares. If, as Immelt has stated, he will nevertheless return at least $10 billion to shareholders in that split-off, then there has to be a sweetener beyond saving transaction fees of selling and buying.
    Mar 18, 2015. 05:18 PM | Likes Like |Link to Comment
  • The Short Case For Freeport McMoRan  [View article]
    In fairness to these smart kids, I'm not so sure all the foreseeable bad news is priced in. Look, today it opened 30 cents below yesterday's close. I see no built in floors; I wish I did. I can easily see FCX going down a couple of bucks over the course of a week or two on any news given current market volatility on any commodity-related equity. It's done that the last five days on no particular news. And if management is forced to cut the dividend, investors may be long term screwed. I won't mortgage my upside, but I'm not adverse to making money while I wait for an upside. I think this is worth a couple of reads. They do a very nice job.
    Mar 18, 2015. 01:18 PM | 8 Likes Like |Link to Comment
  • The Short Case For Freeport McMoRan  [View article]
    Excellent analysis and very much worth considering. I do like the ancient Geezers who manage this company,however, and are intent on managing through this downturn. A less risky strategy may be to sell puts. But well argued.
    Mar 18, 2015. 10:06 AM | 3 Likes Like |Link to Comment
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