Seeking Alpha

Dave McKay1

Dave McKay1
Send Message
View as an RSS Feed
View Dave McKay1's Comments BY TICKER:
Latest  |  Highest rated
  • The Coming Reset In RF IC Sector [View article]
    Hi Sunny, what ever happened to Vitesse semi, I remember them being the inventor of Gallium arsenide chips, back in the early 1990's, is that correct?
    Aug 13, 2015. 10:57 AM | Likes Like |Link to Comment
  • The Coming Reset In RF IC Sector [View article]
    Interesting article here for those wanting more technical info. Skyworks is mentioned..

    http://bit.ly/1T9qahR

    And this is presented from a former Skyworks engineer.. I think he basically says that GaAs is still the way to go over CMOS (which has voltage limitations). (Click on the pdf link for the slide presentation near the bottom of the page.)

    http://bit.ly/1KXeura
    Aug 9, 2015. 09:55 AM | 1 Like Like |Link to Comment
  • Sunrun IPO: RUN For The Hills [View article]
    As usual, it is best to own the "arms suppliers" to these companies. Such as inverter maker SolarEdge, SEDG. Great financials, and profitable. Any thoughts on this one?
    Aug 7, 2015. 10:02 AM | Likes Like |Link to Comment
  • Fitbit: Shorts Don't Get Any Easier Than This [View article]
    Wise words you speak. In addition, make sure the "break" is on big volume, and it is preferable that the stock had just gone parabolic. Investors Business Daily says that "railroad tracks" in the chart is a good sign to look for at the top. Which means extended range, daily bars, back to back.
    Jul 20, 2015. 10:08 AM | 1 Like Like |Link to Comment
  • Skyworks Inexpensive By Broadcom Buyout Standards [View article]
    No one does trailing P/E based on annual. It's always trailing 4 quarters. In October, do you really ignore the last 9 months worth of earnings? Ridiculous.
    Jul 16, 2015. 09:29 AM | 2 Likes Like |Link to Comment
  • Skyworks Inexpensive By Broadcom Buyout Standards [View article]
    Investors Business Daily is reporting a current P/E for Skyworks of 23. The last 4 qtrs. of EPS are 1.15, 1.26, 1.12 and .83 and that adds up to $4.36. Current stock price of $101 divided by $4.36 gives a P/E of 23. Where do you get a P/E of 30?
    Jul 15, 2015. 05:07 PM | 1 Like Like |Link to Comment
  • The Political Backlash Against Renewable Energy Comes Too Late [View article]
    Fact #3. Dana says that Bush ruined his life (oh puhleeze!) and that Bush was "selected" by a idealogical court. Incorrect again. Facts are that the Supreme court voted 7-1, hardly idealogical. That was after Al Gore tried to cherry pick his favorite Florida counties and only recount those. EIGHT news organizations went down there later and did their own recount. They said that Bush still won the vote count. Facts are stubborn things aren't they? Read this and weep..

    http://tinyurl.com/nm8...
    May 30, 2015. 09:10 AM | 1 Like Like |Link to Comment
  • The Political Backlash Against Renewable Energy Comes Too Late [View article]
    Fact #2. Dana says that Bush's idealogy created the Great recession..incorrect again..

    ..... LIBERALS CAUSED THE HOUSING MELTDOWN ......
    ....... 1977: President Jimmy Carter (D) signs the Community
    Reinvestment Act (CRA) guaranteeing home loans to low income families

    1999: President Bill Clinton (D) puts the CRA on steroids,
    pushing Fannie & Freddie to increase the # of sub-prime loans.

    2003: White House calls Fannie & Freddie a systematic risk.

    2003: Barney Frank (D-MA) says Fannie & Freddie are not in crisis.
    He bashes Republicans for crying wolf and calls F & F financially sound.

    2003: Democrats block the Republicans-sponsored regulations
    legislation.

    2005: Sen Schumer, (D-NY) says “I think Fannie & Freddie
    over the years have done an incredible job.”

    2006: Sen John McCrain (R-AZ) calls for reform. “For years I have been
    concerned about the regulatory structure that governs F & F
    and it needs to be reformed NOW.”

    2007: Democrats again block reform legislation.

    2008: Housing market collapses, Democrats blame the Republicans.
    May 30, 2015. 09:01 AM | 1 Like Like |Link to Comment
  • The Political Backlash Against Renewable Energy Comes Too Late [View article]
    Dana said on his website....""George W. Bush – Iraq, Katrina, the Great Shitpile. He wasn’t evil, and he wasn’t stupid. What he was, in the end, was weak. He let others lead us, and they led us astray. Dick Cheney was, and is, a truly vile, very frightened little man, who represents the worst America can become. Iraq left us unable to save New Orleans. Bush’s ideology and passivity created the Great Recession, which nearly destroyed the world economy. From the method of his selection by an ideological court, to his end as an object of ridicule, he ruined what should have been the best years of my life. America will never forgive him.""

    You have got to be kidding me. ALL of that is factually incorrect!

    Fact #1. Bush's response to katrina is rated higher than Obamas response to the oil spill.

    http://tinyurl.com/2eg...

    http://tinyurl.com/p4v...
    May 30, 2015. 08:59 AM | 2 Likes Like |Link to Comment
  • Will Avago Be A Rock In A Turbulent Semiconductor Sea? [View article]
    Your bio at the top of this page says "growth at a reasonable price" and "value" investor. Might wanna change that.
    May 30, 2015. 08:35 AM | Likes Like |Link to Comment
  • Skyworks Still Has Upside Potential [View article]
    I say a $180 price target in 18 months. Should earn $6 a share next year, a slight P/E expansion to 30 (to reflect all the growth) gets you to $180. NXPI stock price has similar growth potential
    May 30, 2015. 08:15 AM | 4 Likes Like |Link to Comment
  • Will Avago Be A Rock In A Turbulent Semiconductor Sea? [View article]
    "" I was worried about the valuation on Avago last summer, but the shares have risen another 85% since then. That makes that cautious stance a pretty terrible call in hindsight.""

    You are the typical value investor who sells their shares to the growth investor, (when it is no longer a value play) who then rides the stock up much further in a growth phase. As Warren Buffet famously said in the early-mid 1990's..."Yes, the stock market looks high and is high, but it is not as high as it looks".

    Meaning that the growth investor realizes that the future EPS will probably surprise to the upside in a big way. So, the value investor is actually selling way too soon, right when earnings are starting to ramp up. I remember when Peoplesoft, the software stock, had a PE of 100 right before it started its moonshot rocket ride.
    May 29, 2015. 09:34 AM | Likes Like |Link to Comment
  • First Solar Spectacularly Pulling Away From Peer Group [View article]
    Those numbers are indeed bad. No consistent growth. Haphazard growth is more like it. The whole industry is that way.

    You said dont judge based on quarterly results. I didn't, I went with yearly, just as you said to do. You do need a remedial reading comprehension course, that much is clear.

    Smart investors "looking ahead" is just guesswork. That is why you used the word "think" instead of "know". I go with the track record, you obviously go with guesswork. End of story.
    May 5, 2015. 09:22 AM | Likes Like |Link to Comment
  • First Solar Spectacularly Pulling Away From Peer Group [View article]
    The author said..""Depending on the revenue recognition of key projects, the Company can have wide revenue and profitability swings from quarter to quarter. It is far more instructive to look at the total year and measure the Company against the guidance.""

    Ok, let's look at the total year EPS...it's pretty bad...

    2010 was $7.85
    2011 $3.93
    2012 $4.95
    2013 $4.36
    2014 $3.91
    2015 analyst estimated $2.83
    2016 est. $3.21

    Yikes! That inspires absolutely no confidence at all. And with the very poor reaction of the stock price to the earnings report last week, this stock is dead money, at best!
    May 3, 2015. 09:46 AM | 4 Likes Like |Link to Comment
  • First Solar Spectacularly Pulling Away From Peer Group [View article]
    @cdgringrich..Yes, it does make the growing season for crops longer and therefore more bountiful. Feed the world! ;-) Of course, leftists want everyone dependent on government, which is the most inefficient provider of resources.
    May 3, 2015. 09:28 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
93 Comments
89 Likes