Rafael Grillo's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/183183/comments http://seekingalpha.com/article/117846-intuit-screws-up-and-h-r-block-will-profit?source=feed#comment-503779 503779 INTU) shares are coming under pressure this morning after Jefferies analyst Ross MacMillan cut his rating on the stock to Hold from Buy, trimming his price target on the stock to $27, from $28.

MacMillan writes in a research note that the downgrade reflects new data that suggests the company will see a second consecutive year of declining ASPs in its consumer tax business - as well as unit share losses to its biggest competitor, H&R Block."
]]> Thu, 14 May 2009 12:12:32 -0400 INTU) shares are coming under pressure this morning after Jefferies analyst Ross MacMillan cut his rating on the stock to Hold from Buy, trimming his price target on the stock to $27, from $28.

MacMillan writes in a research note that the downgrade reflects new data that suggests the company will see a second consecutive year of declining ASPs in its consumer tax business - as well as unit share losses to its biggest competitor, H&R Block."
]]> http://seekingalpha.com/article/130639-sucker-s-rally-approaching-an-end?source=feed#comment-464597 464597 Wed, 15 Apr 2009 23:56:19 -0400 http://seekingalpha.com/article/117846-intuit-screws-up-and-h-r-block-will-profit?source=feed#comment-416431 416431

On Feb 20 07:29 AM Paul Price wrote:

> Where was the Bad news?
>
> Intuit (seekingalpha.com/symbo...): FQ2 EPS of $0.34 beats
> by $0.07. Revenue of $791M vs. $796M. Sees FQ3 EPS of $1.57-1.68
> vs. $1.67, and full-year EPS of $1.78-1.89 vs. $2.03. Shares +6.2%
> ]]> Fri, 06 Mar 2009 15:28:01 -0500

On Feb 20 07:29 AM Paul Price wrote:

> Where was the Bad news?
>
> Intuit (seekingalpha.com/symbo...): FQ2 EPS of $0.34 beats
> by $0.07. Revenue of $791M vs. $796M. Sees FQ3 EPS of $1.57-1.68
> vs. $1.67, and full-year EPS of $1.78-1.89 vs. $2.03. Shares +6.2%
> ]]> http://seekingalpha.com/article/120596-how-the-crash-will-reshape-america?source=feed#comment-388857 388857 Sat, 14 Feb 2009 22:37:44 -0500 http://seekingalpha.com/article/120596-how-the-crash-will-reshape-america?source=feed#comment-388303 388303 Sat, 14 Feb 2009 08:33:55 -0500 http://seekingalpha.com/article/117846-intuit-screws-up-and-h-r-block-will-profit?source=feed#comment-384756 384756
On Feb 02 03:39 PM kylesch wrote:

> I'm not sure why you would say "not that many people care about e-filing"
> as I believe the IRS has reported that over 60% of filings were electronic.
> That number is only going to go up...
>
> lot's of assertions, not numbers.]]> Wed, 11 Feb 2009 19:05:27 -0500
On Feb 02 03:39 PM kylesch wrote:

> I'm not sure why you would say "not that many people care about e-filing"
> as I believe the IRS has reported that over 60% of filings were electronic.
> That number is only going to go up...
>
> lot's of assertions, not numbers.]]> http://seekingalpha.com/article/119678-geithner-s-vague-plan?source=feed#comment-382981 382981 Tue, 10 Feb 2009 18:04:25 -0500 http://seekingalpha.com/article/118765-online-ad-revenues-up-is-the-worst-over?source=feed#comment-381640 381640 Mon, 09 Feb 2009 18:02:29 -0500 http://seekingalpha.com/article/117846-intuit-screws-up-and-h-r-block-will-profit?source=feed#comment-378922 378922
Mr. Meighan: I commend your involvement in the multiple forums I've visited to assess the competitive situation in the tax software business I am addressing in this article. Indeed, you listened to your customers and you corrected many of the issues they raised. But my article is not challenging the Turbo Tax benefits that you enumerate in your comments. That is for the consumers to judge. My conclusion is that the magnitude of the negative reaction -perhaps exaggerated, but absolutely real- from your customers to the attempted changes in the Turbo Tax 2009 model, along with the aggressive marketing of Tax Cut, will erode Turbo Tax's franchise in a significant way. Time will tell whether my estimation was accurate, but from the investment perspective, my point is this is a risk to be seriously taken into consideration.

On Feb 02 10:59 AM Paul Price wrote:

> It doesn't appear you have any figures to back up your assertions
> of lost market share for Intuit.
>
> Where are you getting the data your article refers to?
> ]]> Fri, 06 Feb 2009 18:57:35 -0500
Mr. Meighan: I commend your involvement in the multiple forums I've visited to assess the competitive situation in the tax software business I am addressing in this article. Indeed, you listened to your customers and you corrected many of the issues they raised. But my article is not challenging the Turbo Tax benefits that you enumerate in your comments. That is for the consumers to judge. My conclusion is that the magnitude of the negative reaction -perhaps exaggerated, but absolutely real- from your customers to the attempted changes in the Turbo Tax 2009 model, along with the aggressive marketing of Tax Cut, will erode Turbo Tax's franchise in a significant way. Time will tell whether my estimation was accurate, but from the investment perspective, my point is this is a risk to be seriously taken into consideration.

On Feb 02 10:59 AM Paul Price wrote:

> It doesn't appear you have any figures to back up your assertions
> of lost market share for Intuit.
>
> Where are you getting the data your article refers to?
> ]]> http://seekingalpha.com/article/119049-do-we-need-a-car-czar-or-is-that-just-an-excuse?source=feed#comment-378466 378466 Fri, 06 Feb 2009 12:26:07 -0500 http://seekingalpha.com/article/118103-u-s-debt-default-dollar-collapse-altogether-likely?source=feed#comment-377801 377801 Thu, 05 Feb 2009 22:41:11 -0500 http://seekingalpha.com/article/118119-four-stocks-i-m-watching-this-week?source=feed#comment-376280 376280
GE is a comatose behemoth that has lost its north. The stock has been bleeding value since Immelt took the helm. The current crisis has only exacerbated the decline. GE needs a new, more focused CEO to recover its mojo. A breakup should be in their strategy, spinning off their financial arm.

WFC: It will lead the return of the Financials. Accumulation at this point is a smart strategy.]]> Wed, 04 Feb 2009 20:59:12 -0500
GE is a comatose behemoth that has lost its north. The stock has been bleeding value since Immelt took the helm. The current crisis has only exacerbated the decline. GE needs a new, more focused CEO to recover its mojo. A breakup should be in their strategy, spinning off their financial arm.

WFC: It will lead the return of the Financials. Accumulation at this point is a smart strategy.]]> http://seekingalpha.com/article/118190-motorola-q4-in-line-suspends-dividend-to-conserve-cash?source=feed#comment-375033 375033 Tue, 03 Feb 2009 22:05:43 -0500 http://seekingalpha.com/article/117302-3-reasons-i-think-a-bull-market-rally-is-imminent?source=feed#comment-373992 373992 Mon, 02 Feb 2009 21:43:01 -0500 http://seekingalpha.com/article/118000-no-japanese-style-lost-decade-seen-for-u-s-economy?source=feed#comment-373990 373990 Mon, 02 Feb 2009 21:36:49 -0500 http://seekingalpha.com/article/117815-is-wal-mart-trying-to-lure-the-rich?source=feed#comment-372825 372825 Sun, 01 Feb 2009 20:45:44 -0500 http://seekingalpha.com/article/117803-memo-to-bank-of-america-s-directors-shame-on-you?source=feed#comment-372815 372815 Sun, 01 Feb 2009 20:23:09 -0500 http://seekingalpha.com/article/105742-if-only-hope-were-an-investment-strategy?source=feed#comment-306350 306350 Fri, 14 Nov 2008 15:59:49 -0500 http://seekingalpha.com/article/100576-hormel-foods-looks-appetizing-in-this-market?source=feed#comment-286851 286851
a) they recently launched their "healthy" line. From their website:

"The new line of Hormel Compleats provides on-the-go adults with a quick and tasty lunchtime meal solution that works with a healthy nutrition plan.

Meets USDA guidelines for “healthy lifestyle”
Under 320 calories
Under 10 grams of fat and less than 3 grams saturated fat
0 grams trans fats
600 mg or less of sodium
Provides 2+ grams of fiber and up to 22 grams of protein
Contains Vitamin A, C or Iron"

When I discovered the line, I was quite surprised by the reasonable caloric content of their products.

b) I understand that the meals are preserved by the vacuum process they follow (equivalent to canning), rather than relying on high levels of preservatives .

In any case, consumer choices are limited when dealing with lunch. My impression is that the Compleats meals are quite competitive in terms of nutritional values vs. the alternatives.]]> Mon, 20 Oct 2008 23:42:48 -0400
a) they recently launched their "healthy" line. From their website:

"The new line of Hormel Compleats provides on-the-go adults with a quick and tasty lunchtime meal solution that works with a healthy nutrition plan.

Meets USDA guidelines for “healthy lifestyle”
Under 320 calories
Under 10 grams of fat and less than 3 grams saturated fat
0 grams trans fats
600 mg or less of sodium
Provides 2+ grams of fiber and up to 22 grams of protein
Contains Vitamin A, C or Iron"

When I discovered the line, I was quite surprised by the reasonable caloric content of their products.

b) I understand that the meals are preserved by the vacuum process they follow (equivalent to canning), rather than relying on high levels of preservatives .

In any case, consumer choices are limited when dealing with lunch. My impression is that the Compleats meals are quite competitive in terms of nutritional values vs. the alternatives.]]> http://seekingalpha.com/article/98356-7-rules-for-investing-during-the-fourth-quarter?source=feed#comment-274393 274393 Sun, 05 Oct 2008 23:59:47 -0400 http://seekingalpha.com/article/97690-starbucks-gets-re-caffeinated-barron-s?source=feed#comment-267972 267972 Sun, 28 Sep 2008 21:04:32 -0400 http://seekingalpha.com/article/96315-bank-of-america-bank-on-this-opportunity?source=feed#comment-260290 260290 Sat, 20 Sep 2008 19:48:35 -0400 http://seekingalpha.com/article/96011-as-the-fed-runs-out-of-money-resolution-trust-plan-refloated?source=feed#comment-257612 257612 Wed, 17 Sep 2008 23:28:42 -0400 http://seekingalpha.com/article/91812-ebay-the-doldrum-years?source=feed#comment-256527 256527 Tue, 16 Sep 2008 23:13:08 -0400 http://seekingalpha.com/article/95813-the-mess-on-wall-street-4-trillion-down-the-drain?source=feed#comment-256523 256523 Tue, 16 Sep 2008 23:06:26 -0400 http://seekingalpha.com/article/95329-ebay-is-a-losing-bid-barron-s?source=feed#comment-254360 254360 Sun, 14 Sep 2008 18:33:12 -0400 http://seekingalpha.com/article/94625-wamu-on-the-brink?source=feed#comment-249503 249503 Tue, 09 Sep 2008 12:43:11 -0400 http://seekingalpha.com/article/77911-sandisk-flash-sales-soft-in-april-at-retail?source=feed#comment-170286 170286 www.news.com/2100-1040... written 8 years ago. If we keep our eyes beyond the current economic turmoil, this should be a great opportunity to load on the leader of a technological revolution.]]> Mon, 19 May 2008 23:16:13 -0400 www.news.com/2100-1040... written 8 years ago. If we keep our eyes beyond the current economic turmoil, this should be a great opportunity to load on the leader of a technological revolution.]]> http://seekingalpha.com/article/77548-e-trade-primed-for-a-breakout?source=feed#comment-169195 169195 Fri, 16 May 2008 23:13:06 -0400 http://seekingalpha.com/article/77315-the-beginning-of-the-end-of-the-credit-crisis?source=feed#comment-167769 167769 Wed, 14 May 2008 21:56:54 -0400