Cisco: Hitting The Next Tipping Point? [View article]
Good article, unlike others where the author just says that Cisco is dead because of SDN. You understand how the new networks work and how the products are positioned. People write about Cisco as if they are unaware of the shift to SDN. They are not and will make the moves necessary to stay ahead of it, including their own SDN "spin in" company, Insieme (not sure how much you know about them). I was a long time Cisco (as an investment) hater but no more. My only issue with the article is calling Arista and Big Switch "goliaths." They're still startups. Otherwise good explanation of what's really happening in the networking space. I have a long position in CSCO.
Picking An All-Star REIT Team To Defend Against Interest Rate Risk [View article]
Hi Brad, good stuff. I own O at $36 and am going to employ puts to pick up more. Got spooked out of DLR last week. I work in the datacenter business and it makes so much sense on paper. Growing like crazy. But spooked. Bought some ROIC around $11 a while back and kicking myself for not buying more. But a gain's a gain and I'm going to be a buyer again here. yoy revenue growth looks great and the warrants they have retired are a good sign as is the big insider purchasing. Why is ROIC not rated by S&P? Do they only rate REITs of a certain size or age?
Cisco's Profitability Is Unsustainable With Current Strategy [View article]
Nobody is buying CSCO for growth anymore. It's a value stock. Before last night's earnings you could've made the argument that it was becoming a value trap but not now, especially if it trades in the low 20's. At that price, and even with slow growth, with that dividend and cash position, it is solidly a value stock. Good luck with those Oct. $17 puts.
Why Cisco Could Offer A Buying Opportunity Below $20 After Earnings [View article]
FBR's rating change was just published today. I think we can give someone a break on that - it's the same day.
Anyway, FBR sure reversed course quickly. They just came out with that underperform rating. My criticism would be to them - make up your friggin' minds. I guess I know to completely ignore whatever they say now.
With SDN, Cisco Will Unlock Value Of Installed Hardware Worth $180 Billion [View article]
I did not know that. Thought it was a mis print. My bad. Is it conceptually the same thing?
The more I research it, the more I think the assertion "Nobody knows better than Cisco that without its routers and switches, it's impossible to build a software-defined network" may be completely false. I think what may be happening is exactly the opposite - both Google and Facebook are building datacenters with no commercially available networking gear. Am I missing something?
Striving To Understand Cisco's Intrinsic Value [View article]
Yeah but the wild card is that Cisco is getting into other businesses like LTE and datacenter products. The questions are whether or not they can shift quickly enough, if the spin-in of Insieme can make a difference in their SDN efforts, or if they will make a major SDN acquisition.
With SDN, Cisco Will Unlock Value Of Installed Hardware Worth $180 Billion [View article]
"Nobody knows better than Cisco that without its routers and switches, it's impossible to build a software-defined network." I would say partially true or "for now." Google is already using proprietary "white box" hardware in its datacenters and using blade servers to do a lot of or most of what Cisco's very expensive hardware does. When/if people can run all layers of the network on blade servers, there will be no need to spend $100K on a router. Cisco anticipated this when it went into the server business though. The underlying physical network will be around for years and who knows if SDN can fully supplant high end routers, firewalls, and load balancers (not flow balancers). But if everyone decided overnight to do what Google is doing, Cisco could rapidly approach obsolescence. I think it's still a few years away and it's not like they aren't aware of the shift. If they ever get too far behind, they'll just buy the technology so they're probably ok. But they need to stay on top of it.
Waiting Patiently For A Blue Chip REIT Pullback [View article]
Wow, you're prolific. I read your article today about whether O has any oxygen left. Another one coming on interest rates soon? When do you sleep? I'm really focused on REITs and MLPs these days but I'm afraid both are becoming crowded. Unlike many SA authors, your stuff is consistently of high quality.
Waiting Patiently For A Blue Chip REIT Pullback [View article]
Hi Brad, 1) Is P/E a completely worthless metric when valuing REITs (should we only look at FFO)? and 2) What will be the overall effect on REITs if/when interest rates rise?
Team Alpha Retirement Portfolio: Impressive Returns Plus Impressive Dividend Hikes [View article]
I own O and have been accumulating shares in ROIC for about 18 months. Great management team and a very straightforward strategy if you were looking for a REIT to research further. I also like DLR for the long term.
So you think that Cisco should just refuse to hire Chinese engineers? Because this was an inside job. How does that make them naive? I think the fact that there is a culture lacking business ethics in China is the problem. Some cultures blame rape victims for getting raped. You're doing the same thing here. I'm not a xenophobe but I think you need to be wary of doing business with a society that thinks it's ok to kill endangered species (think rhino horn) in order to support ridiculous superstitions.
I was an insider. Not anymore. But Cisco is heavily investing in LTE technology.
3 Stocks To Consider For The Cloud Computing Bubble [View article]
So you're just throwing the "B" word out there, I see. It isn't really based on any kind of signs of a bubble or even a projection but rather big growth projections which lead to a bubble based on our past experience with housing and tech etc.
One more thing, I haven't heard anything about CSCO buying ALU. Not even a rumor. Is that an active rumor? What is the source?
3 Stocks To Consider For The Cloud Computing Bubble [View article]
You talk about the cloud computing "bubble." Is that a projection? Prediction? Assumption? Based on research by someone? I work for a cloud computing company and this is the first I've heard of a bubble. How did you arrive at this conclusion about an industry and a technology that seems to change by the hour some days. I'm not saying you are wrong, just wondering if there is any basis whatsoever to your assertion. In any case, I don't think a lot activity equals a bubble. There is certainly a lot of activity but I work directly with AWS, GCE, Azure, Rackspace, CloudStack, OpenStack, HP and the associated technology every day and I see no signs of a bubble. Where are the crazy valuations? Where's the irrational exuberance? We are still in the early adopter phase. Would love to see a more detailed explanation and justification.
Cisco: Hitting The Next Tipping Point? [View article]
Picking An All-Star REIT Team To Defend Against Interest Rate Risk [View article]
Thanks.
Cisco's Profitability Is Unsustainable With Current Strategy [View article]
Why Cisco Could Offer A Buying Opportunity Below $20 After Earnings [View article]
Anyway, FBR sure reversed course quickly. They just came out with that underperform rating. My criticism would be to them - make up your friggin' minds. I guess I know to completely ignore whatever they say now.
With SDN, Cisco Will Unlock Value Of Installed Hardware Worth $180 Billion [View article]
The more I research it, the more I think the assertion "Nobody knows better than Cisco that without its routers and switches, it's impossible to build a software-defined network" may be completely false. I think what may be happening is exactly the opposite - both Google and Facebook are building datacenters with no commercially available networking gear. Am I missing something?
Striving To Understand Cisco's Intrinsic Value [View article]
Laws Of Cap Rate Compression And Several REITs With Mispriced Risk [View article]
With SDN, Cisco Will Unlock Value Of Installed Hardware Worth $180 Billion [View article]
Waiting Patiently For A Blue Chip REIT Pullback [View article]
Waiting Patiently For A Blue Chip REIT Pullback [View article]
Thanks.
Team Alpha Retirement Portfolio: Impressive Returns Plus Impressive Dividend Hikes [View article]
Team Alpha Retirement Portfolio: Impressive Returns Plus Impressive Dividend Hikes [View article]
Cisco In The Limelight [View article]
I was an insider. Not anymore. But Cisco is heavily investing in LTE technology.
3 Stocks To Consider For The Cloud Computing Bubble [View article]
One more thing, I haven't heard anything about CSCO buying ALU. Not even a rumor. Is that an active rumor? What is the source?
Thanks.
3 Stocks To Consider For The Cloud Computing Bubble [View article]