DavyJ's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/205792/comments http://seekingalpha.com/currents/post/1033901?source=feed#comment-18990131 18990131
http://seekingalpha.co...]]> Sat, 18 May 2013 19:11:08 -0400
http://seekingalpha.co...]]> http://seekingalpha.com/news-article/6588701-romanian-teenager-wins-big-for-low-cost-self-driving-car-innovation?source=feed#comment-18967441 18967441 Fri, 17 May 2013 19:19:25 -0400 http://seekingalpha.com/article/1438171/comments?source=feed#comment-18877151 18877151
So in the meantime, I use my laptop for all the routine light work, and my desktop for the DOS programs and activities that are better suited for a large screen and full size keyboard. And the XP desktop works as an adequate server.

Could I live without the DOS programs? Of course. Would I spend money to lose their functionality? Not a chance. Sorry Microsoft.

]]> Wed, 15 May 2013 20:53:01 -0400
So in the meantime, I use my laptop for all the routine light work, and my desktop for the DOS programs and activities that are better suited for a large screen and full size keyboard. And the XP desktop works as an adequate server.

Could I live without the DOS programs? Of course. Would I spend money to lose their functionality? Not a chance. Sorry Microsoft.

]]> http://seekingalpha.com/article/1432651/comments?source=feed#comment-18830321 18830321
We constantly hear of the high rate of unemployment in southern Europe, the deficits there, this crisis, that crisis, and how the people are suffering, the list goes on.

But Japan? GDP not growing, or at least not growing up to economist's expectations, is such a horror. The evils of deflation abound and nothing seems to work!

So someone tell me. How are the Japanese people coping after twenty-some years?]]> Tue, 14 May 2013 20:53:32 -0400
We constantly hear of the high rate of unemployment in southern Europe, the deficits there, this crisis, that crisis, and how the people are suffering, the list goes on.

But Japan? GDP not growing, or at least not growing up to economist's expectations, is such a horror. The evils of deflation abound and nothing seems to work!

So someone tell me. How are the Japanese people coping after twenty-some years?]]> http://seekingalpha.com/article/1433191/comments?source=feed#comment-18818941 18818941
For the year ending April 30, 2012, the DJIA earnings per share trailing 12 months were $118.44 and the then current year to date were $139.77 with P/Es of 14.74 and 12.49 respectively.

For the year ending April 30, 2013, the DJIA earnings per share trailing 12 months were 122.87 and the now current year to date were $144.80 with P/Es of 15.73 and 13.35 respectively.

That relates to a TTM 3.74% gain and 3.59%. Not great, but certainly not declining and not an asset bubble.

All calculations based on data from Yahoo Finance.]]> Tue, 14 May 2013 14:24:34 -0400
For the year ending April 30, 2012, the DJIA earnings per share trailing 12 months were $118.44 and the then current year to date were $139.77 with P/Es of 14.74 and 12.49 respectively.

For the year ending April 30, 2013, the DJIA earnings per share trailing 12 months were 122.87 and the now current year to date were $144.80 with P/Es of 15.73 and 13.35 respectively.

That relates to a TTM 3.74% gain and 3.59%. Not great, but certainly not declining and not an asset bubble.

All calculations based on data from Yahoo Finance.]]> http://seekingalpha.com/article/1427041/comments?source=feed#comment-18720371 18720371
I really appreciate your hard work and insight.

But, I cringe every time I see phrases like:
“Oh, and don't forget that Intel's transistors are much smaller than the competitions' ...”
“Oh, and TSMC's "16nm" is really 16nm FinFETs ...”

as it it's an afterthought. That phraseology seems to be in vogue nowadays but why not just leave off the "Oh," since we all know it's not an afterthought, just the current fad in Internet speak.

And did I mention, I really appreciate your hard work and insight?]]> Sat, 11 May 2013 20:44:30 -0400
I really appreciate your hard work and insight.

But, I cringe every time I see phrases like:
“Oh, and don't forget that Intel's transistors are much smaller than the competitions' ...”
“Oh, and TSMC's "16nm" is really 16nm FinFETs ...”

as it it's an afterthought. That phraseology seems to be in vogue nowadays but why not just leave off the "Oh," since we all know it's not an afterthought, just the current fad in Internet speak.

And did I mention, I really appreciate your hard work and insight?]]> http://seekingalpha.com/article/1396031/comments?source=feed#comment-18404981 18404981
Some people, in order to put on a negative spin, like to rewrite history by adjusting numbers to reflect inflation, reflect the price of gold, allow for currency fluctuations if they live in a foreign country, the list goes on.

I disagree with that philosophy though it should be recognized that inflation takes it's toll on any asset, including gold if you're inclined to invest in gold. Maybe the article should have been titled "3 ways gold is lying".

But the point of my post was that the "3 ways the dow is lying" has absolutely nothing to do with the Dow, the S&P500, gold, Apple stock, or my car.]]> Fri, 03 May 2013 11:25:09 -0400
Some people, in order to put on a negative spin, like to rewrite history by adjusting numbers to reflect inflation, reflect the price of gold, allow for currency fluctuations if they live in a foreign country, the list goes on.

I disagree with that philosophy though it should be recognized that inflation takes it's toll on any asset, including gold if you're inclined to invest in gold. Maybe the article should have been titled "3 ways gold is lying".

But the point of my post was that the "3 ways the dow is lying" has absolutely nothing to do with the Dow, the S&P500, gold, Apple stock, or my car.]]> http://seekingalpha.com/article/1396031/comments?source=feed#comment-18382631 18382631
Don't blame inflation on the "Dow". It has nothing to do with it.

Don't blame the unemployment rate on the "Dow". It has nothing to do with it.

Don't blame the employment/population ratio on the "Dow". It has nothing to do with it.

More and more I'm disappointed with the quality and content of articles posted on Seeking Alpha.

The "Dow" does an excellent job for what it was designed to do. Trying to use a hammer when a screwdriver is required is a fault of the user, not the tool.
]]> Thu, 02 May 2013 19:48:52 -0400
Don't blame inflation on the "Dow". It has nothing to do with it.

Don't blame the unemployment rate on the "Dow". It has nothing to do with it.

Don't blame the employment/population ratio on the "Dow". It has nothing to do with it.

More and more I'm disappointed with the quality and content of articles posted on Seeking Alpha.

The "Dow" does an excellent job for what it was designed to do. Trying to use a hammer when a screwdriver is required is a fault of the user, not the tool.
]]> http://seekingalpha.com/article/1370581/comments?source=feed#comment-18107531 18107531
Now it looks to me like the increase of recipients has started to level off.

Should the number of recipients start to decline, maybe the markets will too.

Or did I misunderstand your article?
]]> Thu, 25 Apr 2013 19:50:37 -0400
Now it looks to me like the increase of recipients has started to level off.

Should the number of recipients start to decline, maybe the markets will too.

Or did I misunderstand your article?
]]> http://seekingalpha.com/article/1368571/comments?source=feed#comment-18057021 18057021
There seems to be more supply than demand since the price of gold had declined so much. I'd say it may be a production problem or a balancing of inventories.]]> Wed, 24 Apr 2013 20:33:22 -0400
There seems to be more supply than demand since the price of gold had declined so much. I'd say it may be a production problem or a balancing of inventories.]]> http://seekingalpha.com/article/1368001/comments?source=feed#comment-18056761 18056761
There are no consequences for investors. Investors buy companies they believe will be profitable in the future and will increase in value and return dividends or capital gains to shareholders.

Traders and speculators may be affected if they think they have an edge because they use models that use GDP, but in reality, it's just an academic exercise.

To buy or sell a business based upon its relationship to GDP doesn't make sense.]]> Wed, 24 Apr 2013 20:22:03 -0400
There are no consequences for investors. Investors buy companies they believe will be profitable in the future and will increase in value and return dividends or capital gains to shareholders.

Traders and speculators may be affected if they think they have an edge because they use models that use GDP, but in reality, it's just an academic exercise.

To buy or sell a business based upon its relationship to GDP doesn't make sense.]]> http://seekingalpha.com/article/1347701/comments?source=feed#comment-17764081 17764081
And they have all came back? And he didn't change with the changing times?

Or is that his point? Not clear to me.]]> Wed, 17 Apr 2013 20:05:30 -0400
And they have all came back? And he didn't change with the changing times?

Or is that his point? Not clear to me.]]> http://seekingalpha.com/article/1327211/comments?source=feed#comment-17475491 17475491
Your referenced chart appears to be, but not labeled as such, to be some sort of monthly change, not total sales. Look at the first two charts and compare the volume numbers with the referenced chart.

I don't think I'm the one that has a problem.]]> Wed, 10 Apr 2013 21:09:01 -0400
Your referenced chart appears to be, but not labeled as such, to be some sort of monthly change, not total sales. Look at the first two charts and compare the volume numbers with the referenced chart.

I don't think I'm the one that has a problem.]]> http://seekingalpha.com/article/1327211/comments?source=feed#comment-17474451 17474451
http://seekingalpha.co...

But who the hell is he?]]> Wed, 10 Apr 2013 20:41:05 -0400
http://seekingalpha.co...

But who the hell is he?]]> http://seekingalpha.com/article/1327211/comments?source=feed#comment-17409951 17409951
Do you really believe gasoline consumption was cut in half in the last 6 years? All while the population was increasing.]]> Tue, 09 Apr 2013 13:51:01 -0400
Do you really believe gasoline consumption was cut in half in the last 6 years? All while the population was increasing.]]> http://seekingalpha.com/article/1301941/comments?source=feed#comment-16855121 16855121
Speculate at your own risk. Or is that redundant.]]> Tue, 26 Mar 2013 20:54:12 -0400
Speculate at your own risk. Or is that redundant.]]> http://seekingalpha.com/article/1266961/comments?source=feed#comment-16206941 16206941
There was no government pressure for banks to make equity cash out loans on existing properties. Those cash outs almost destroyed our condominium association and many others in Florida. We are still paying the price.]]> Tue, 12 Mar 2013 21:36:26 -0400
There was no government pressure for banks to make equity cash out loans on existing properties. Those cash outs almost destroyed our condominium association and many others in Florida. We are still paying the price.]]> http://seekingalpha.com/article/1253691/comments?source=feed#comment-15953791 15953791
So if the economy is improving, it's time to try to time the market rather than hold on and reap the rewards. Got it!]]> Wed, 06 Mar 2013 20:45:40 -0500
So if the economy is improving, it's time to try to time the market rather than hold on and reap the rewards. Got it!]]> http://seekingalpha.com/article/1241011/comments?source=feed#comment-15734451 15734451
I stand corrected. I took his statement to mean the starting dividends were $5,000. "All your increase in portfolio value will come from the current dividend, paid quarterly, which INTC will raise annually."

My apologies to HiLo.]]> Sat, 02 Mar 2013 12:08:30 -0500
I stand corrected. I took his statement to mean the starting dividends were $5,000. "All your increase in portfolio value will come from the current dividend, paid quarterly, which INTC will raise annually."

My apologies to HiLo.]]> http://seekingalpha.com/article/1241011/comments?source=feed#comment-15728491 15728491
Don't jump to conclusions too quickly. In HiLo's example of NoDiv the initial investment was $5,000. So to be fair, The initial investment in Intel should be $5,000. With $5,000 to invest at $20 per share, he could only start with 250 shares and his first year's dividends would be 250 times $0.90, or $225.00. Compounding that on a back of an envelope nets approximately $11,700 over 30 years in dividends.]]> Sat, 02 Mar 2013 09:05:27 -0500
Don't jump to conclusions too quickly. In HiLo's example of NoDiv the initial investment was $5,000. So to be fair, The initial investment in Intel should be $5,000. With $5,000 to invest at $20 per share, he could only start with 250 shares and his first year's dividends would be 250 times $0.90, or $225.00. Compounding that on a back of an envelope nets approximately $11,700 over 30 years in dividends.]]> http://seekingalpha.com/article/1186911/comments?source=feed#comment-15063311 15063311
I just dumped CenturyLink last month. Out of the blue they decided to up my long distance charges by $5.00 a month. It got me to thinking. Why do I still have a landline phone, and why would I have want to have a long distance plan on it?

You did see what happened to to CenturyLink once the word got out. ]]> Fri, 15 Feb 2013 17:10:30 -0500
I just dumped CenturyLink last month. Out of the blue they decided to up my long distance charges by $5.00 a month. It got me to thinking. Why do I still have a landline phone, and why would I have want to have a long distance plan on it?

You did see what happened to to CenturyLink once the word got out. ]]> http://seekingalpha.com/article/1186911/comments?source=feed#comment-15038751 15038751
But you did leave me hanging with: "The precipitating incident was trivial: I made what I considered a reasonable request, and my brokerage refused to grant it."

I'm more than a little curious as I'm inclined to react in the same way.]]> Fri, 15 Feb 2013 10:47:58 -0500
But you did leave me hanging with: "The precipitating incident was trivial: I made what I considered a reasonable request, and my brokerage refused to grant it."

I'm more than a little curious as I'm inclined to react in the same way.]]> http://seekingalpha.com/article/1169751/comments?source=feed#comment-14793381 14793381
Is the top rung of a ladder labeled? "This is the last rung. Please don't step higher than this?"
- 1Q84]]> Sat, 09 Feb 2013 20:55:06 -0500
Is the top rung of a ladder labeled? "This is the last rung. Please don't step higher than this?"
- 1Q84]]> http://seekingalpha.com/article/1089921/comments?source=feed#comment-13214651 13214651
You would have to exclude all of the components of PKW that are in the SPY and then compare the remaining stocks to PKW.]]> Wed, 02 Jan 2013 09:18:57 -0500
You would have to exclude all of the components of PKW that are in the SPY and then compare the remaining stocks to PKW.]]> http://seekingalpha.com/currents/post/738791?source=feed#comment-13134481 13134481 Sun, 30 Dec 2012 21:46:26 -0500 http://seekingalpha.com/currents/post/738771?source=feed#comment-13125181 13125181
You said "The only way to make serious inroads into the deficit is to cut entitlements."

But,

Take Social Security out of the budget entirely, both payroll tax and disbursements, and you won't do anything to cut the deficit.

Next take Medicare out of the budget entirely, both payroll tax and disbursements, and you still won't come close to cutting the deficit.

Finally, take Unemployment Compensation out of the budget entirely, both tax and disbursements, and you still won't get close.

It is both silly and deceiving to state that entitlements are the prime cause of the budget deficits.

Like it or not, letting the Bush tax cuts and payroll tax cuts expire is a necessary first step for a serious solution.

There are four separate trust funds for Social Security and Medicare.

For Social Security, the Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement and survivors benefits and had a surplus in 2011.

The Disability Insurance (DI) Trust Fund pays disability benefits and had a slight deficit in 2011.

OASDI is the designation for the two trust funds when they are considered on a combined basis and had a surplus in 2011.

For Medicare, the Hospital Insurance (HI) Trust Fund pays for inpatient hospital and related care and had a slight deficit in 2011.

The Supplementary Medical Insurance (SMI) Trust Fund comprises two separate accounts: Part B, which pays for physician and outpatient services, and Part D, which covers the prescription drug benefit and had a slight surplus in 2011 due to income from general revenues.

Total the reported surpluses and deficits and there is a net surplus of $49.8 billion. Subtract the $222.8 billion from general revenues transferred to the SMI Trust Fund and the net is a deficit of $173 Billion. That is the maximum amount that could have been saved in fiscal year 2011 without Social Security and Medicare entitlements.

Source: http://1.usa.gov/Tp5B0v

The only way to get out of this mess is to restore taxes to the levels before the Bush tax cuts. Going over the cliff is a way for the politicians to save face. Then make the necessary cuts in spending. Though, as pointed out above, most of the cuts will have to be in non-entitlement areas]]> Sun, 30 Dec 2012 14:49:42 -0500
You said "The only way to make serious inroads into the deficit is to cut entitlements."

But,

Take Social Security out of the budget entirely, both payroll tax and disbursements, and you won't do anything to cut the deficit.

Next take Medicare out of the budget entirely, both payroll tax and disbursements, and you still won't come close to cutting the deficit.

Finally, take Unemployment Compensation out of the budget entirely, both tax and disbursements, and you still won't get close.

It is both silly and deceiving to state that entitlements are the prime cause of the budget deficits.

Like it or not, letting the Bush tax cuts and payroll tax cuts expire is a necessary first step for a serious solution.

There are four separate trust funds for Social Security and Medicare.

For Social Security, the Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement and survivors benefits and had a surplus in 2011.

The Disability Insurance (DI) Trust Fund pays disability benefits and had a slight deficit in 2011.

OASDI is the designation for the two trust funds when they are considered on a combined basis and had a surplus in 2011.

For Medicare, the Hospital Insurance (HI) Trust Fund pays for inpatient hospital and related care and had a slight deficit in 2011.

The Supplementary Medical Insurance (SMI) Trust Fund comprises two separate accounts: Part B, which pays for physician and outpatient services, and Part D, which covers the prescription drug benefit and had a slight surplus in 2011 due to income from general revenues.

Total the reported surpluses and deficits and there is a net surplus of $49.8 billion. Subtract the $222.8 billion from general revenues transferred to the SMI Trust Fund and the net is a deficit of $173 Billion. That is the maximum amount that could have been saved in fiscal year 2011 without Social Security and Medicare entitlements.

Source: http://1.usa.gov/Tp5B0v

The only way to get out of this mess is to restore taxes to the levels before the Bush tax cuts. Going over the cliff is a way for the politicians to save face. Then make the necessary cuts in spending. Though, as pointed out above, most of the cuts will have to be in non-entitlement areas]]> http://seekingalpha.com/article/1086181/comments?source=feed#comment-13093711 13093711
Because,

Take Social Security out of the budget entirely, both payroll tax and disbursements, and you won't come close to a balanced budget.

Next take Medicare out of the budget entirely, both payroll tax and disbursements, and you still won't come close to a balanced budget.

Finally, take Unemployment Compensation out of the budget entirely, both tax and disbursements, and you still won't come close to a balanced budget.

It is both silly and deceiving to state that entitlements are the prime cause of the budget deficits.

Like it or not, letting the Bush tax cuts and payroll tax cuts expire is a necessary first step for a serious solution.

There are four separate trust funds for Social Security and Medicare.

For Social Security, the Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement and survivors benefits and had a surplus in 2011.

The Disability Insurance (DI) Trust Fund pays disability benefits and had a slight deficit in 2011.

OASDI is the designation for the two trust funds when they are considered on a combined basis and had a surplus in 2011.

For Medicare, the Hospital Insurance (HI) Trust Fund pays for inpatient hospital and related care and had a slight deficit in 2011.

The Supplementary Medical Insurance (SMI) Trust Fund comprises two separate accounts: Part B, which pays for physician and outpatient services, and Part D, which covers the prescription drug benefit and had a slight surplus in 2011 due to income from general revenues.

Total the reported surpluses and deficits and there is a net surplus of $49.8 billion. Subtract the $222.8 billion from general revenues transferred to the SMI Trust Fund and the net is a deficit of $173 Billion. That is the maximum amount that could have been saved in fiscal year 2011 without Social Security and Medicare entitlements.

Source: http://1.usa.gov/Tp5B0v

The only way to get out of this mess is to restore taxes to the levels before the Bush tax cuts. Going over the cliff is a way for the politicians to save face. Then make the necessary cuts in spending. Though, as pointed out above, most of the cuts will have to be in non-entitlement areas.

]]> Sat, 29 Dec 2012 10:24:48 -0500
Because,

Take Social Security out of the budget entirely, both payroll tax and disbursements, and you won't come close to a balanced budget.

Next take Medicare out of the budget entirely, both payroll tax and disbursements, and you still won't come close to a balanced budget.

Finally, take Unemployment Compensation out of the budget entirely, both tax and disbursements, and you still won't come close to a balanced budget.

It is both silly and deceiving to state that entitlements are the prime cause of the budget deficits.

Like it or not, letting the Bush tax cuts and payroll tax cuts expire is a necessary first step for a serious solution.

There are four separate trust funds for Social Security and Medicare.

For Social Security, the Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement and survivors benefits and had a surplus in 2011.

The Disability Insurance (DI) Trust Fund pays disability benefits and had a slight deficit in 2011.

OASDI is the designation for the two trust funds when they are considered on a combined basis and had a surplus in 2011.

For Medicare, the Hospital Insurance (HI) Trust Fund pays for inpatient hospital and related care and had a slight deficit in 2011.

The Supplementary Medical Insurance (SMI) Trust Fund comprises two separate accounts: Part B, which pays for physician and outpatient services, and Part D, which covers the prescription drug benefit and had a slight surplus in 2011 due to income from general revenues.

Total the reported surpluses and deficits and there is a net surplus of $49.8 billion. Subtract the $222.8 billion from general revenues transferred to the SMI Trust Fund and the net is a deficit of $173 Billion. That is the maximum amount that could have been saved in fiscal year 2011 without Social Security and Medicare entitlements.

Source: http://1.usa.gov/Tp5B0v

The only way to get out of this mess is to restore taxes to the levels before the Bush tax cuts. Going over the cliff is a way for the politicians to save face. Then make the necessary cuts in spending. Though, as pointed out above, most of the cuts will have to be in non-entitlement areas.

]]> http://seekingalpha.com/article/1066721/comments?source=feed#comment-12665931 12665931
Re: "Although this table shows year-to-date figures and not full-year figures"

The federal Government fiscal year runs from October 1 through September 30 of the next calendar year. The figures I quoted are for twelve months.

Re: "How do you derive this figure? (For Medicare)

Fiscal year applies here too. $200,000 was an educated guess. Medicare has part A (Hospital) and part B (Supplementary Medical Insurance). Part A comes from the payroll tax. Part B is from premiums and general revenue. So only part of the outlay would be saved. It's very difficult to derive the numbers from the treasury statement, but search for "Federal Hospital Insurance" to see the receipts and outlays. And search for "Federal Supplementary Medical Insurance" to see those outlays. The report quoted in the article you linked to comes from http://1.usa.gov/12uqoCw. Dissecting both documents until my head was spinning I came up with $200 billion difference. The linked article is just under $300 billion shortfall. The actual report states a $19 billion shortfall.

My point was that you can't balance the budget with spending cuts alone, though some would have you believe it.]]> Sun, 16 Dec 2012 19:42:16 -0500
Re: "Although this table shows year-to-date figures and not full-year figures"

The federal Government fiscal year runs from October 1 through September 30 of the next calendar year. The figures I quoted are for twelve months.

Re: "How do you derive this figure? (For Medicare)

Fiscal year applies here too. $200,000 was an educated guess. Medicare has part A (Hospital) and part B (Supplementary Medical Insurance). Part A comes from the payroll tax. Part B is from premiums and general revenue. So only part of the outlay would be saved. It's very difficult to derive the numbers from the treasury statement, but search for "Federal Hospital Insurance" to see the receipts and outlays. And search for "Federal Supplementary Medical Insurance" to see those outlays. The report quoted in the article you linked to comes from http://1.usa.gov/12uqoCw. Dissecting both documents until my head was spinning I came up with $200 billion difference. The linked article is just under $300 billion shortfall. The actual report states a $19 billion shortfall.

My point was that you can't balance the budget with spending cuts alone, though some would have you believe it.]]> http://seekingalpha.com/article/1066721/comments?source=feed#comment-12661781 12661781
What you say in your 3 points is true. But it is only a fraction of the story.

Eliminate Social Security in it's entirety, both distributions and payroll tax, and it will STILL leave an annual budget deficit of approximately $920 billion. Refer to Table 9, page 34 of: http://1.usa.gov/SALKwY

Eliminate Medicare and Medicaid in their entirety, both distributions and tax, and save about $200 billion and it will STILL leave an annual budget of approximately $720 billion.

Eliminate Unemployment Insurance in it's entirety, both distributions and tax, and save $475 billion. Now you're talking lots of money but you're still not there.

The Final Monthly Treasury Statement mentioned above takes more than 30 seconds to comprehend, but it well worth your time if you want to have an intelligent discussion.
]]> Sun, 16 Dec 2012 15:49:40 -0500
What you say in your 3 points is true. But it is only a fraction of the story.

Eliminate Social Security in it's entirety, both distributions and payroll tax, and it will STILL leave an annual budget deficit of approximately $920 billion. Refer to Table 9, page 34 of: http://1.usa.gov/SALKwY

Eliminate Medicare and Medicaid in their entirety, both distributions and tax, and save about $200 billion and it will STILL leave an annual budget of approximately $720 billion.

Eliminate Unemployment Insurance in it's entirety, both distributions and tax, and save $475 billion. Now you're talking lots of money but you're still not there.

The Final Monthly Treasury Statement mentioned above takes more than 30 seconds to comprehend, but it well worth your time if you want to have an intelligent discussion.
]]> http://seekingalpha.com/article/1053641/comments?source=feed#comment-12419031 12419031 Sun, 09 Dec 2012 12:19:27 -0500