User 207572's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/207572/comments http://seekingalpha.com/article/121912-bank-of-america-continues-to-stand-strong?source=feed#comment-398475 398475 BAC)?"]]> Sun, 22 Feb 2009 10:31:04 -0500 BAC)?"]]> http://seekingalpha.com/article/115780-would-you-buy-bank-of-america-common?source=feed#comment-362496 362496 Wed, 21 Jan 2009 20:14:51 -0500 http://seekingalpha.com/article/111722-the-chinese-consumer-in-time-of-financial-crisis?source=feed#comment-335158 335158
Concern is that house prices are about 10 times of annual income, too high.

But I do agree china has a future, better than U.S. So if the market goes down more next year, just hold on. 2010 will be good.]]> Sun, 21 Dec 2008 15:47:09 -0500
Concern is that house prices are about 10 times of annual income, too high.

But I do agree china has a future, better than U.S. So if the market goes down more next year, just hold on. 2010 will be good.]]> http://seekingalpha.com/article/106141-what-s-oil-s-future?source=feed#comment-307416 307416 Sun, 16 Nov 2008 17:45:03 -0500 http://seekingalpha.com/article/98780-the-first-shoe-drops-as-bank-of-america-cuts-dividend-by-50?source=feed#comment-275425 275425 Tue, 07 Oct 2008 05:29:06 -0400 http://seekingalpha.com/article/97648-rimm-sinks-im-holding-on?source=feed#comment-269399 269399
I have been hearing RIMM is trying to atrract developers to wrire software for corporate world and consumer for 8 years. See where they are now.

RIMM's revenue from consumers is a big share comparing with its revenue from business.

It is amazing few people want to short RIMM. IN 2002 summer, when market hit bottom, everyone wanted to short RIMM. AMAZING.]]> Tue, 30 Sep 2008 08:26:46 -0400
I have been hearing RIMM is trying to atrract developers to wrire software for corporate world and consumer for 8 years. See where they are now.

RIMM's revenue from consumers is a big share comparing with its revenue from business.

It is amazing few people want to short RIMM. IN 2002 summer, when market hit bottom, everyone wanted to short RIMM. AMAZING.]]> http://seekingalpha.com/article/97648-rimm-sinks-im-holding-on?source=feed#comment-267274 267274
When I invested in RIMM since IPO, all pros were against me. They short RIMM heavily. Now they are all for RIMM. So strange because I thought the pros should know better. Sadly, they don't know a thing.

Here is the theory. I know you don't think I am right. But I tried:

When RIMM was young, people didn't think a email pager is a big deal. I knew it was big because people want "in writing anywhere". It is important for corporate world politics. Voicemail is not good enough. So, even RIMMs' device didn't have cell phone function. People still needed it, not to mention email and voice two-in-one. There were lots can be said why PALM, MSFT failed. But that's not the key point.

Why RIMM is doomed now? 1) It doesn't have iTune function - people want iPod and Cellphone in one. 2) Even it has iTune, it is not iPod. 3) It's OS cannot attract 3rd party software developers. RIMM tried this almost since the beginning. 3) Blackberry focused on technical features and security. It is not enough now. People want usability and style. 4) If APPL is fashion designer, RIMM is a tailor. They both make things for people to wear.

So, RIMM will first see its consumer market share stop growing, then shrink. This will kill its P/E ratio. It will take several years to see what will happen to its corporate world market share. I bet, eventually, it will be phased out or stayed as an old corporate email too. You know each company has lots of those old stuff. You don't need to see RIMM die. All you need is a slow growth story - then RIMM share will be around 40 - 50 dollars.

I doens't matter how RIMM's share perform short term. Don't look at the sales numbers short term. You have to see deeper than this to be a good investor.


Well, I tried. It's your money.]]> Sun, 28 Sep 2008 06:55:13 -0400
When I invested in RIMM since IPO, all pros were against me. They short RIMM heavily. Now they are all for RIMM. So strange because I thought the pros should know better. Sadly, they don't know a thing.

Here is the theory. I know you don't think I am right. But I tried:

When RIMM was young, people didn't think a email pager is a big deal. I knew it was big because people want "in writing anywhere". It is important for corporate world politics. Voicemail is not good enough. So, even RIMMs' device didn't have cell phone function. People still needed it, not to mention email and voice two-in-one. There were lots can be said why PALM, MSFT failed. But that's not the key point.

Why RIMM is doomed now? 1) It doesn't have iTune function - people want iPod and Cellphone in one. 2) Even it has iTune, it is not iPod. 3) It's OS cannot attract 3rd party software developers. RIMM tried this almost since the beginning. 3) Blackberry focused on technical features and security. It is not enough now. People want usability and style. 4) If APPL is fashion designer, RIMM is a tailor. They both make things for people to wear.

So, RIMM will first see its consumer market share stop growing, then shrink. This will kill its P/E ratio. It will take several years to see what will happen to its corporate world market share. I bet, eventually, it will be phased out or stayed as an old corporate email too. You know each company has lots of those old stuff. You don't need to see RIMM die. All you need is a slow growth story - then RIMM share will be around 40 - 50 dollars.

I doens't matter how RIMM's share perform short term. Don't look at the sales numbers short term. You have to see deeper than this to be a good investor.


Well, I tried. It's your money.]]> http://seekingalpha.com/article/97436-research-in-motion-takes-hit-from-component-costs-and-dollar-hints-at-new-product?source=feed#comment-265456 265456
Now same argument is made for RIM - phone is not mainly for music.

Please check again after 2 years.

It is really simple. No need to cary two devices. Also, RIM's advantages are all technical. Given time, AAPL can do all of them. Give RIM 10 years, it will still not be able to do music. RIM does not have that culture.

You may think it is easy to make things stylish. Check all the PCs, they are all ugly. Companies ruled by technicians don't know fashion.

Period.]]> Thu, 25 Sep 2008 23:34:03 -0400
Now same argument is made for RIM - phone is not mainly for music.

Please check again after 2 years.

It is really simple. No need to cary two devices. Also, RIM's advantages are all technical. Given time, AAPL can do all of them. Give RIM 10 years, it will still not be able to do music. RIM does not have that culture.

You may think it is easy to make things stylish. Check all the PCs, they are all ugly. Companies ruled by technicians don't know fashion.

Period.]]> http://seekingalpha.com/article/97436-research-in-motion-takes-hit-from-component-costs-and-dollar-hints-at-new-product?source=feed#comment-265372 265372
RIM's success was built on the market for "in writing anywhere" and phone/email in one. Now we want to add music. And RIMM just cannot do what apple is doing with the iTune.

How funny to see all the people on the street are cheering for RIMM. They call themselves pros. I remember when I invested in RIMM, the street bashed RIIM like hell. Now I am out of the stock and they are in.

Good luck.

Waiting for an entry point for AAPL.]]> Thu, 25 Sep 2008 21:02:29 -0400
RIM's success was built on the market for "in writing anywhere" and phone/email in one. Now we want to add music. And RIMM just cannot do what apple is doing with the iTune.

How funny to see all the people on the street are cheering for RIMM. They call themselves pros. I remember when I invested in RIMM, the street bashed RIIM like hell. Now I am out of the stock and they are in.

Good luck.

Waiting for an entry point for AAPL.]]> http://seekingalpha.com/article/96826-do-paulson-and-bernanke-really-understand-what-s-going-on?source=feed#comment-262189 262189 Tue, 23 Sep 2008 05:28:05 -0400 http://seekingalpha.com/article/94959-an-early-christmas-for-research-in-motion?source=feed#comment-251318 251318 Can you imagine RIMM can do things in AAPL's way?

It is the software and music, stupid!

Also, RIMM's advantages are all technical. RIMM knows how to make clothes, but I don't think RIMM can make fashion.
]]> Thu, 11 Sep 2008 07:48:29 -0400 Can you imagine RIMM can do things in AAPL's way?

It is the software and music, stupid!

Also, RIMM's advantages are all technical. RIMM knows how to make clothes, but I don't think RIMM can make fashion.
]]> http://seekingalpha.com/article/94218-8-quick-comments-on-the-freddie-fannie-bailout-plan?source=feed#comment-247287 247287
Where were you, my dear whiners, many years ago?]]> Sun, 07 Sep 2008 07:24:18 -0400
Where were you, my dear whiners, many years ago?]]> http://seekingalpha.com/article/86459-making-sense-of-wachovia-s-27-bounce-amid-record-losses?source=feed#comment-212806 212806 Wed, 23 Jul 2008 20:20:32 -0400 http://seekingalpha.com/article/86462-citi-merrill-wamu-death-spiral-financing?source=feed#comment-212790 212790 23-Jul-08 17:24 ET In Play Wachovia CEO bought 1 mln shares at $15.32-17.02 on 7/22 (17.65 +0.86) : ]]> Wed, 23 Jul 2008 19:44:48 -0400 23-Jul-08 17:24 ET In Play Wachovia CEO bought 1 mln shares at $15.32-17.02 on 7/22 (17.65 +0.86) : ]]>