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andy7r12

andy7r12
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  • Big Data May Mean Big Growth And Big Profits For Intel [View article]
    Michael,

    Very good and insightful article as usual. Thank you for sharing your
    thoughts and your common sense approach to your articles.
    Apr 3 05:46 PM | 5 Likes Like |Link to Comment
  • History Suggests Intel Will Succeed In Mobile [View article]
    Michael,

    IMO this is one of your better, well thought out articles (and your have written many excellent ones.) Of course, time will tell if history repeats itself but, in spite of the doom and gloomers' comments, I see no real difference between "this time" and all of the previous times. And on the subject of history, it is full of situations where companies, less formidable than Intel, have come from behind to become the dominant leader in their fields....Google, in Search, and Apple come to mind. Even Microsoft got off to a slow
    start as a Browser with its IE (though, admittedly, they bullied their way into the field.) The point is that whether or not it happens, a company cannot be counted out simply because it started late. Your article proves this point with factual illustrations of the very company in question.
    Feb 17 09:56 AM | 3 Likes Like |Link to Comment
  • IDC: PC shipments fell 7.6% Y/Y in Q3, better than feared [View news story]
    Hamdy, I could not have said it better myself. Right on!!!

    "I cannot imagine corporations and professionals have all of the sudden decided to use tablets and smart phones instead of laptops, workstations and servers. It does not make any sense."
    Oct 9 08:44 PM | 2 Likes Like |Link to Comment
  • Benedict Evans sums up the Ballmer era at Microsoft (MSFT): As late as 2009, more than 90% of connected devices had Microsoft operating systems, but it's now below 25%. MSFT is "not quite utterly irrelevant, but they are fast becoming Maytag - a reliable manufacturer of a needed if unsexy utilitarian appliance," Barry Ritholtz writes. Evans: "An overnight collapse can take a long time." [View news story]
    Blair, Ruffdog

    I believe Michael meant Jan 2015 strike price of 35 (not 25.)
    Jul 27 11:56 AM | Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    Vivian,
    You are so right about how we have veered away from RBS.
    On this subject, may I ask if you still feel as strongly about the
    RBS preferreds? Could you comment briefly as to why?
    (Either way) Given their payouts and their low prices, they
    look extremely tempting and I have been thinking of adding
    to my positions.
    Jul 17 12:50 PM | Likes Like |Link to Comment
  • Intel Is Likely To Report A Miss July 17, But Fear Not - It Should Not Matter [View article]
    Thank you for what I consider to be a well thought out article and for your views on Intel's progress. I have followed your comments in the past and I, for one, have always placed a great deal of importance on each one of them. Your common sense point of view is very refreshing, especially when contrasted with some of the critical comments which are made out of pure emotion.
    Please continue to write and comment on one of my favorite
    companies and my largest holding.
    Jul 14 10:02 AM | 1 Like Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    martinfrosa,PMG,
    In the event PMG does not respond, it is possible that she is thinking about one of the Citibank preferreds...(C-R or C-PRR) Coincidentally, that preferred yields about 6% and trades a little below par and is a trust preferred. If this is the case this preferred is definitely not one of the safer ones given its very low rating.
    Thank you for the EMZ tip. Do you have any others like it?
    Finally, I'm a little confused about your comment on a preferred's dividend being treated as a capital gain. Did you mean, instead, that it is getting the 15% preferential treatment?
    Jul 13 01:12 PM | Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    rfschlegel,
    As a general rule, some (but not all) foreign countries withhold taxes from the dividends which are sent to you on your foreign stocks or preferred foreign stock investments.
    This is done automatically before you receive the dividends. So, for example, if you have a $25 preferred paying 6%, you would expect to receive 37.5 cents each quarter on each share. Assuming a 15% withholding tax, then 5.63 cents would be withheld and you only receive the net of 31.9 cents. (If my math is off, please forgive me.)

    Now, if your investments are held in a regular (tax paying) account, this withholding tax will almost always be refunded to you when your tax return is filed. This is done via the foreign tax credit. You may not be aware of this because either your accountant will have taken care of it or your tax software (such as TurboTax) will handle it for you. Bottom line is that you will, therefore, recoup these withholding taxes (probably very often without your knowledge.)

    However, if your investments are held in an IRA or a Roth, because you will not be including these dividends on your tax return, there is no way to recoup this withholding via the foreign tax credit. Therefore, the general rule is to try to keep your foreign investments in a taxable account.

    But as Vivian rightly points out, the tax laws are extremely complex and there are so may exceptions to what I have just said, that it would take forever to explain it all. For example, as I previously pointed out, UK does not withhold any taxes on either taxable or non-taxable accounts. Germany withholds tax on taxable but does not withhold on your non-taxable accounts. Therefore,you are safe in purchasing your UK or German stocks in your IRA/Roth account
    since there is no withholding tax anyway. But another caveat, tax laws constantly change so be aware.

    As to why you have not noticed any withholding, there are many possibilities. For one, you may have lucked out and have been protected by one of the many exceptions. Or, you may not have noticed the reduced dividend coming into your investment account nor that the foreign tax credit came into play on your tax return.

    My advice to you is to check out the dividends you received on all
    foreign investments that are held in your IRA or Roth accounts. If you notice that the amount received is less than what is stated, you could sell these stocks and repurchase them in your regular account. It is very likely that you have profits on these but
    you will not pay a tax on the profit since it is not reportable on these accounts. (In fact you will, in most cases, be picking up the repurchase at a higher tax basis.) If you sell at a loss, you will, obviously not be able to deduct the loss but on the other hand,
    you will not have to worry about short sales because they do not
    come into play on these accounts.
    Finally, you should read the very good Alpha article I mentioned previously. http://seekingalpha.co...

    I hope this helps somwhat.
    Jun 2 02:55 PM | Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    I believe I have found the answer to my own question, which may be of interest to others. UK does not withhold tax on dividends paid to U.S. shareholders. Therefore,no tax withholding on RBS dividends (in either IRA or regular accounts.) In the case
    of Germany, although there is withholding on regular accounts, because of a tax treatythere is no withholding on dividends paid on stocks held in tax exempt accounts.

    http://seekingalpha.co...
    May 31 05:52 PM | Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    Vivian,

    Thank you for the great article. As to the dividends on RBS
    preferreds, I hold them (as well as some from British and German
    banks) in both IRA and regular accounts. As far as I know, there is no withholding on any of them and in fact, they are treated as
    qualified dividends on the regular accounts. Could you somehow
    check to see what the story is on the withholding? As I say,
    and as stated by another responder, there has been no withholding
    in my case on any of my issues nor on any of my accounts.
    May 31 12:10 PM | Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    rfschlegel,

    I found the following on the RBS website. First dividend payment
    will be made on June 30:

    Following the expiration of the European Commission ban RBS announced that it is in a position to resume discretionary coupons and dividend payments on hybrid capital instruments, which have previously been deferred for two years. For securities of RBS Group, this was announced alongside its Q1 2012 Interim Management Statement on 4 May 2012. For RBS N.V. (Including RBS Capital Funding Trusts V, VI and VII otherwise known as RBS-G, RBS-I and RBG-E) the Group announced on 3 May 2013 that it was in a position to resume these payments. The first payment date following the expiration of the RBS N.V. specific ban will be 30 June 2013. As with all discretionary payments, Future coupons and dividends on RBS Group hybrid capital instruments will only be paid subject to, and in accordance with, the terms of the relevant instruments.
    May 30 12:49 PM | 2 Likes Like |Link to Comment
  • Intel: Busting Another False Myth [View article]
    Ashraf,
    I wonder if you have any idea how much I appreciate the time
    and effort you put into your research on Intel.
    I'm sure there are others out there who feel as I do, but certainly
    I for one, simply cannot thank you enough for sharing this research
    as well as your thoughts and opinions with us. It continues to
    help me immensely. Thank you.
    May 11 04:54 PM | 13 Likes Like |Link to Comment
  • Intel: Something Big Is Coming On May 6 [View article]
    Ashraf,
    Thank you so very much for each and every article that you have
    written on Intel. Most of the tech stuff (whether from you or
    from other commentators) quite frankly, goes over my head
    but I always get the general gist of what you are saying. You
    have helped me and continue to help me in many ways
    concerning my biggest investment, INTEL.
    Please continue to express your thoughts on this company.
    It is obvious to me that you put a lot of time and effort
    and research into these articles and I look forward to all of
    your opinions and suggestions as well.
    Again, I cannot thank you enough for the time and effort you
    put into this. It has been extremely helpful and fruitful to me.

    May 2 05:21 PM | 2 Likes Like |Link to Comment
  • Intel: What Makes Mid-Year Different? [View article]
    Russ,
    Great explanation on the "Death of PC" misconception! Yet,
    in spite of the masterful way you explained it, it is obvious that
    some people still do not get it and continue to miss your point.
    Many thanks.
    Apr 23 01:04 PM | 2 Likes Like |Link to Comment
  • Intel Raises $6 Billion To Fund Buyback [View article]
    Bill,

    How do margins go lower? I don't believe that margins are
    impacted by interest. Yes, net income will go down but not
    margins since that computation is made before the interest
    expense. Nonetheless, per share earnings will increase
    because of reduced number of shares.
    Dec 5 11:03 AM | 1 Like Like |Link to Comment
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