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InvestorCP

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  • Quick take on Intel and ARM: In order to prevent ARM for gaining too much ground, Intel not only has to build less power-hungry chips; it has to work with PC vendors and chip partners to redesign the architectures of notebooks featuring Intel chips, so as to reduce weight and power consumption. This is an effort that will likely take years.  [View news story]
    I think power consumption is not exactly the only issue. That would lead people to believe its about battery life, or something like that. The ARM processor architecture provides faster output per watt of power consumption than Intel. Since ARM is a RISC architecture and Intel could still be categorized as CISC. The architecture (ARM) also enables small die casts for the processor, to fit in smaller devices than what Intel is currently offering.
    Aug 2 10:08 AM | Likes Like |Link to Comment
  • IMAX's Q2 Results Support the Short Case [View article]
    I like the IMAX movie going experience as well. They need to make their theaters more accessible, not less so. Its a strategic mistake if they follow through on plans to limit what content they show. Making an existing theater easier to retrofit would be a plus. I think its time to short given the technical breakdown as well.
    Aug 2 10:00 AM | Likes Like |Link to Comment
  • 5 Tech Stocks for the Next Decade [View article]
    I like all of these, except IBM (I own AAPL). If big blue could ever learn how to market their software, they would be a much faster grower. I think EMC and JNPR will be helped a great deal by the "cloud".
    Aug 2 09:52 AM | Likes Like |Link to Comment
  • Amazon (AMZN) is "a religion stock," writes Barron's, "either you are a believer, or you are not." Barron's appears to be the former, detailing how the stock could jump as much as 25% if Amazon can keep translating its heavy spending into rapid growth in its retailing, Kindle and cloud-computing businesses.  [View news story]
    I did not equate their valuation to Apple - "religion" is faithful following. I also said somewhat, not exactly. Read the post more carefully next time.
    Aug 1 09:40 AM | Likes Like |Link to Comment
  • The Justice Department is intensifying a probe into whether the six companies that recently bought patents from Nortel could use the IP to unfairly hinder smartphones using Android (GOOG). The companies include Apple (AAPL), Microsoft (MSFT) and RIM (RIMM). [View news story]
    Define "unfairly hinder" for me? I assume we are talking about illegal collusion. A lot of money buys influence - I have a hard time believing there is any impact from this, since the counter-parties have more money than GOOG
    Jul 31 02:28 PM | 2 Likes Like |Link to Comment
  • Amazon (AMZN) is "a religion stock," writes Barron's, "either you are a believer, or you are not." Barron's appears to be the former, detailing how the stock could jump as much as 25% if Amazon can keep translating its heavy spending into rapid growth in its retailing, Kindle and cloud-computing businesses.  [View news story]
    I have been split on Amazon; its somewhat like Apple in the "religion" business. I love using their site, and what they offer business wise, but I still think the stock is overvalued.
    Jul 31 01:33 PM | Likes Like |Link to Comment
  • House Republican leaders are holding a press briefing on the Boehner debt ceiling plan. Watch live here.  [View news story]
    Self made crisis....I still think we lose the AAA rating from at least S&P unless we get to $4 trillion reduction over the next 10 years.
    Jul 28 02:00 PM | Likes Like |Link to Comment
  • A Wired article on Google (GOOG) CEO Larry Page speaks of him as a "corporate radical" who wants to return his company to its startup roots, and is intent on "attempting the audacious." The Street wasn't pleased either with Page or with Google's "audacious" spending following Q1 results, but those concerns faded after a blowout Q2.  [View news story]
    Steve Jobs still calls AAPL the world's biggest startup....its a meaningless article until GOOG underperforms. If they outperform Page is brillant.
    Jul 28 01:57 PM | Likes Like |Link to Comment
  • On the heels of Apple's (AAPL) blowout quarter, UBS' Maynard Um is lifting his 2011 iPad shipment forecast to 39.9M, noting weak consumer demand for rival tablets. Um is also raising his 2012 iPad forecast to 53M units out of a 90M unit tablet market. On the flip side, Um now only sees 2011 PC unit growth of 4.5%, well below Intel's (INTC) forecast for 8-10% growth.  [View news story]
    So Um was wrong on iPad sales in the first place, why should we think he is any more correct on PC sales? I own both AAPL and INTC....hope he continues to under-estimate.
    Jul 28 01:52 PM | Likes Like |Link to Comment
  • Intel: Dividend Discount Model Shows Upside Potential [View article]
    Excellent article - I came to the same conclusions with a different method, but its the same reason I bought INTC.
    Jul 28 12:20 PM | 1 Like Like |Link to Comment
  • Short Research In Motion: The Tech Sector's 'Falling Knife' [View article]
    Almost one quarter of RIM's (2.6 billion) assets are "intangibles" and "goodwill", so its P/TBV is 2. 1 and its in the single digit P/E and P/S values. Normally you would think its a screaming buy on fundamentals.

    The "market" is pricing EPS to shrink (go negative). MMI is a better comparison than MSFT, for lots of reasons (industry, business type), and they are valued at the same BV as RIM, and NOK is in the same territory as RIM and MMI for BV.

    The perception is that those three are in the same boat based on valuation. The comparison to MSFT is way off.
    Jul 27 10:50 AM | 2 Likes Like |Link to Comment
  • The sky hasn't fallen, and the Obama administration's persistent warnings that the market would react negatively to the debt ceiling crisis may have undercut its negotiating position. “They have lost all credibility,” former TARP chief Neil Barofsky says. “It’s so typical of the way Treasury and the Fed treat everything - always to warn that Armageddon is coming.”  [View news story]
    Even if the default is avoided, I think the AAA credit rating gets downgraded by both Moody's and S&P. Then all the holders who are mandated to hold only AAA rated debt, have to sell, and many others will want to sell and buy German, Canadian, Dutch, and other AAA government securities. Dollar falls and interest rates increase, which actually may not be a bad thing in the short term for manufacturing at least (dollar falling). But I bet it triggers oil being priced in Euro's instead.
    Jul 26 08:52 PM | 3 Likes Like |Link to Comment
  • Short Research In Motion: The Tech Sector's 'Falling Knife' [View article]
    If your a long term investor, you usually use company fundamentals and valuation. Products launches, market share, and profitability and efficiency matter most.

    I do not think I have ever heard of a short who intends on staying short for a long period of time based on fundamentals of a company. Its usually some combination of technical breakdowns and murky company position and product direction.

    They may be a great longer term proposition, but that does not mean their stock is going to move in that direction any time soon. MSFT net income has doubled over the past 10 years, but their share price has been in a trading range for most of that time.
    Jul 26 08:42 PM | 1 Like Like |Link to Comment
  • Short Research In Motion: The Tech Sector's 'Falling Knife' [View article]
    I would short it based on the technicals. If it breaks the down trend, then get out. Products launches may not mean successful sales, and some international markets RIM has large market share in has no Android or iPhone competition. RIM can only loose market share in those locations (Indonesia, Latin America, etc.). Their valuation fundamentals appear low, but they are down shifting to a lower growth company, so I think they are fairly valued between $24-28, with upside to the mid $30's
    Jul 26 04:41 PM | Likes Like |Link to Comment
  • Third Point’s Daniel Loeb again wields his acid pen to criticize White House leadership: "It is increasingly difficult to avoid the conclusion that while Washington burns, Pres. Obama is fiddling away by insisting that the only solution to the nation’s problems - whether unemployment, the debt ceiling or deficit reduction - lies in redistribution of wealth."  [View news story]
    Yes
    Jul 26 01:16 PM | Likes Like |Link to Comment
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