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Simont

Simont
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  • General Electric Resorts To Financial Engineering To Boost Stock Price [View article]
    I agree: Welch is massively overrated, partially due to his wife, Suzy,who was his promoter and propagandist while at HBR (well, at that time she was only his mistress, but he later married her). Welch's philosophy and management style represents much of what is wrong with corporate America today, especially its short term thinking, short term greed, and its treatment of employees as expenses instead of assets.
    Apr 28, 2015. 04:22 AM | 2 Likes Like |Link to Comment
  • General Electric Resorts To Financial Engineering To Boost Stock Price [View article]
    When was Barrons right the last time?
    Apr 28, 2015. 04:14 AM | Likes Like |Link to Comment
  • General Electric Resorts To Financial Engineering To Boost Stock Price [View article]
    To the contrary. Most of not all that has been ailing GE was Welch's doing. He essentially changed GE from an industrial giant to a mediocre highly leveraged finance company, which traded with the much higher multiples of an industrial company. This was the main reason of the rise of GE's stock during his tenure. Immelt has been working hard to correct this but was delayed by the 2008 financial melt down. He is doing the right things and has been putting GE onto the right track. Even that senile Jack Welch said so recently.
    Apr 28, 2015. 04:13 AM | Likes Like |Link to Comment
  • AMD: Rock-Bottom Margins Are Preferable To Dying From Declining Sales Of Traditional PCs [View article]
    AMD did compete with Intel for short periods of times when Intel messed up. For example, around 2002 for a short period of time they had 20% market share in server processors. Had they been able to sustain that they could have been rather successful. I hope they will find their way and survive, but as it is now, I would not bet my money on it.
    Apr 24, 2015. 03:00 AM | Likes Like |Link to Comment
  • AMD: Rock-Bottom Margins Are Preferable To Dying From Declining Sales Of Traditional PCs [View article]
    I am at a loss of the "logic" behind this piece. AMD's gross margin is 30% as it is. No US semiconductor company can make a profit with 30% GM. So, if AMD follows the author's advice and goes for lower margin business it will keep losing even more money. At some point they would run out of cash and credit and would go bust. Unless Dr Su can pull out some rabbit from her hat they will go bust anyway. AMD needs a fundamental direction and strategy change to survive. They used to be a pretty good company before they decided that they wanted to fight Intel. It cannot be done as Charley Sporck of Nat Semi could have told them decades ago.
    Apr 23, 2015. 06:23 AM | 1 Like Like |Link to Comment
  • Immelt Kills Jack Welch's GE [View article]
    Anyone who buys or sells stocks based on Barrons' recommendation should have his/her head examined.
    Apr 17, 2015. 04:08 AM | Likes Like |Link to Comment
  • GE Unwinds Its Prop-Trading Portfolio - Now What? [View article]
    It was considered a question mark only by you, and you did not seem to now that it was sold. It is hard to admit if you were wrong but sometimes necessary and it increases you credibility. You will learn eventually.
    Apr 17, 2015. 02:36 AM | 1 Like Like |Link to Comment
  • GE Unwinds Its Prop-Trading Portfolio - Now What? [View article]
    NO! They already made a decision to sell it which it seems you were not aware of.
    Apr 17, 2015. 02:31 AM | 1 Like Like |Link to Comment
  • GE Unwinds Its Prop-Trading Portfolio - Now What? [View article]
    Typical hindsight nonsense!

    BTW GE was one of the best industrial companies in the world before Welch made it into a finance company as part of his ill fated financial engineering sheninagans. Immelt is doing the right thing to take back GE to its root.
    Apr 17, 2015. 02:29 AM | 3 Likes Like |Link to Comment
  • Intel's Q1 Was A Dinosaur Egg [View article]
    I disagree. Lenovo. MOT and ASUS are all leading edge tech companies. Lenovo is certainly a leader in the notebook/PC space and a quality/reliability leader. I have not bought any other laptop for business use but aThinkpad for the past 15 years. ASUS has been one of the best respected name in TW. And MOT still has the best radios in any cell phone, maybe save Nokia (now MSFT). Apple is not even close. BTW, my family members used to own a number of MOT RAZR-s, one of the best cell phones I have owned. I agree that these companies are not leaders in the call phone business, yet. But they will be and they will hurt Apple's iPhone business in the future. Intel is betting on the right horses.
    Apr 17, 2015. 02:12 AM | 3 Likes Like |Link to Comment
  • Weighing The Week Ahead: Time For An Economic Spring Thaw? [View article]
    Jeff,

    thanks for pointing our my oversight, indeed I did not differentiate between federal and state/local spending...I should have read the original Brookings piece before commenting..
    Mar 30, 2015. 06:14 PM | Likes Like |Link to Comment
  • Weighing The Week Ahead: Time For An Economic Spring Thaw? [View article]
    Jeff, you said:
    "Brookings has an interesting interactive chart (snapshot below) showing the effect of government spending, combining all levels, on GDP. When state and local effects are included, it has been a significant drag."

    It seems to me that you/Brookings mixed up correction with causation, just like Reinhart and Rogoff have done in their widely discredited article a couple of years back (which aside of this error also included a trivial spreadsheet error and unjustified data truncations). It is much more probable that government spending increased as a result of declining GDP instead of the other way around.
    Mar 29, 2015. 08:12 PM | Likes Like |Link to Comment
  • Intel: Time For Some New Management [View article]
    That reminds me when I thought many years ago when I bought my PCAT that I will never need more than 20MB hard disk space....
    Mar 15, 2015. 04:52 AM | 1 Like Like |Link to Comment
  • Intel: Time For Some New Management [View article]
    We shall see. It aint over until the fay lady things....
    Mar 15, 2015. 04:47 AM | Likes Like |Link to Comment
  • Intel: Time For Some New Management [View article]
    Intel needs a couple of things to be better faster but it is not coaches.
    Mar 13, 2015. 03:53 AM | Likes Like |Link to Comment
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