Seeking Alpha

Simont

Simont
Send Message
View as an RSS Feed
View Simont's Comments BY TICKER:
Latest  |  Highest rated
  • Do You Believe Me Now? [View article]
    I am not sure about that "different world". That is what was argued also during the tech bubble in 1999/2000. However, I agree that given the very low interest rate environment the historical average stock market P/E may be irrelevant. We should look at the inverse correlation of P/E and interest rates and extrapolate from that what the realistic fully valued P/E might be approximately in today's environment.
    Jan 28, 2015. 08:23 AM | 1 Like Like |Link to Comment
  • Do You Believe Me Now? [View article]
    Well, given the essentially nonexistent interest rates on savings and extremely low rates on risk free bonds what is the realistic average fully valued P/E of the stock market in your opinion? Assuming of course that you agree that this P/E is a function of risk free bond interest rates.
    Jan 28, 2015. 08:19 AM | Likes Like |Link to Comment
  • Intel: A One-Stop Shopping Center For Apple [View article]
    Only if you assume that Intel is dishonest, which it is not. All major foundries are good at keeping the IP of their customers separate and well protected, otherwise they would not be in business for long. As far as GM, there is always a trade-off between GM and sales in the semi business. If the Apple business adds significantly to Intel's EPS (as it surely would) then a lower GM is immaterial.
    Jan 27, 2015. 04:44 AM | Likes Like |Link to Comment
  • Intel: A One-Stop Shopping Center For Apple [View article]
    True, but one has to wonder: if Apple wants to (or needs to) have a one stop shop, wouldn't it be logical to a. go with a non-competing shop and b. go with the technologically most advanced shop? Russ' musings are obviously just that, but they sound logical to me. That said there are, I am sure, many things we do not know which influence Apple's decision. Based on my experience with both of these companies both are very tough and aggressive negotiators and both like to push around the other side when making a deal, and that may be the hang-up (or one of them).
    Jan 27, 2015. 04:39 AM | Likes Like |Link to Comment
  • Integrated Device Technology: An Interesting Company To Watch [View article]
    We shall see when the tear down comes out from ifixit or someone else. I somehow doubt that it will turn out to be an IDT chip, but I may be surprised.
    Jan 25, 2015. 04:08 AM | Likes Like |Link to Comment
  • Integrated Device Technology: An Interesting Company To Watch [View article]
    Hm...interesting thesis. But, there are many other players in the wireless charging space, some are behemoths like TI. Another but is that Intel has many "little brothers" (and not so little brothers) as it is their habit to work with/enable 3-5 companies to develop support chips to their initiatives. Also, they recently "lost" their CEO which may be a sign of turmoil to come. So, I think I will pass on IDT for now. We shall see.
    Jan 15, 2015. 06:25 AM | Likes Like |Link to Comment
  • Hewlett-Packard: Our Analysis Says It's A Buy And Meg Whitman Is Doing Well [View article]
    The Harvard Business Review also crowned Jack Welch, who was just a financial engineer and a terrible CEO of GE. Of course the woman who wrote the most fanning HBR articles about Welch was his mistress and later/present wife. As far as ebay, Whitman's role there was minimal, as far as the basic technology, idea, or strategy was concerned. She was chief administrator there and many who worked there argue that ebay succeeded not because for her but despite her.
    Jan 9, 2015. 01:27 AM | 1 Like Like |Link to Comment
  • Hewlett-Packard: Our Analysis Says It's A Buy And Meg Whitman Is Doing Well [View article]
    If a CEO cannot articulate in one clear sentence what his/her company is doing it reflects very badly on the CEO. The author saying that Whitman is the best CEO alive must be a joke. It is pretty easy to take over a company in dire straits, cutting and slashing employment and cost and improving the numbers. This is what Meg Whitman has done, nothing more. She understands less about technology and what HP should be doing to regain its greatness and leadership than Apotheker did. And that is a pretty low bar. She is better than Fiorina was, but Fiorina was probably the worst CEO in Sliicon Valley's history. I would not be surprised at all if HP turned out to be a value trap.
    Jan 7, 2015. 03:14 AM | Likes Like |Link to Comment
  • ModernGraham Quarterly Valuation Of General Electric [View article]
    I like what Immelt has been doing and invested in GE because of Immelt. I am sure I am not alone. I would trade a dozen Welches for one Immelt.
    Dec 18, 2014. 06:26 AM | Likes Like |Link to Comment
  • Janet Yellen Is Wrong About The Cause Of Wealth Inequality [View article]
    Very few people can "make a living" from short term speculation, which is what you are talking about. It may work for a while but long term you cannot compete with the big guys' market manipulation. BTW, I would have no problem excluding small traders from the high taxes on short term speculative profits. Say, if you make less than $100,000 short term trading profit a year they would not apply. Would you agree then?
    Dec 15, 2014. 06:19 AM | Likes Like |Link to Comment
  • Romarco Minerals: An Excellent Opportunity Is Coming [View article]
    Romarco is looking for being acquired, which is something you forgot to take into account. From what I saw they have a couple of interested parties looking at them, as we speak. Given their low all-in cost there is a good business case for a major miner with much higher cost to acquire them.
    Nov 19, 2014. 02:21 AM | 1 Like Like |Link to Comment
  • Intel: Memory, The Solution To The Mobile Problem [View article]
    Thanks Russ, I learned some new things today.
    Nov 13, 2014. 01:02 AM | Likes Like |Link to Comment
  • Intel: Semiconductors And The Blame Game [View article]
    They are taking FIVR off the next gen CPU chip because its efficiency was less than 90% at typical load and because it caused them more yield loss than anticipated (and probably some testing headaches).
    Nov 4, 2014. 02:58 AM | 1 Like Like |Link to Comment
  • Janet Yellen Is Wrong About The Cause Of Wealth Inequality [View article]
    Interestingly in European countries, say in Germany, there are more regulations, more taxes, less tax loop holes, more affordable universal health care, free college education, etc., etc., and yet, their middle class has been doing MUCH better than ours and the wealth inequality is MUCH smaller. Of course you might believe that we are "exceptional" and so we do not need to look at (God forbid learn from) other countries. In my opinion a LOT of the problem in the markets (bubbles, crashes, extreme volatility, etc.) come from not too much but too little regulation and the non-enforcement of the few regulations that remain. The crash of 2008/2009 for example would have been much less severe (if it happened at all) if Glass-Steagall had not be repealed. Another thing to ponder, high frequency trading is not present in European markets, yet their liquidity did not suffer. We should strongly discourage that kind of market manipulation and that kind of scalping of the average investors because it contributes to the ever increasing inequality and does nothing useful for our society.
    Oct 19, 2014. 04:30 PM | 4 Likes Like |Link to Comment
  • Janet Yellen Is Wrong About The Cause Of Wealth Inequality [View article]
    Yellen is not in the position to do much about this. It is the job of congress and the supreme court and they have not done a thing for decades now to stop or at least slow this trend.
    Oct 19, 2014. 04:16 PM | Likes Like |Link to Comment
COMMENTS STATS
327 Comments
426 Likes