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  • Juniper Has The 'Edge' Over Cisco  [View article]
    pay attention to NT. the guy's been around the block in the Comm Equip space and knows the fundamentals as well as anyone.
    Jan 31, 2014. 09:47 AM | Likes Like |Link to Comment
  • Why Corning Shares Could Become Another Tech Value Trap  [View article]
    Gund knows the earnings capability of GLW - way more so than the average institutional investor! only he's investing with a multi year time frame and not for the next 3 months. He probably sees 10-15% price downside risk and appreciation upside of +50-70% for Corning. Throw in a 3% dividend yield and healthy balance sheet and you have a recipe for success. it's all about patience, knowledge and the fortitude to buy when others wont.
    Nov 4, 2012. 08:19 PM | 1 Like Like |Link to Comment
  • Why Applied Materials And Novellus Are Overvalued  [View article]
    Quit trying to guesstimate the earnings and cash flow for a highly cyclical company like AMAT. It's a useless exercise. Street numbers are 2 steps behind so they arent a bogey to use. Semi Cap stocks trade on emotion and sentiment and should only be viewed as "trading" stocks, not "investments."
    Dec 8, 2011. 08:45 PM | Likes Like |Link to Comment
  • Why It's Safe to Buy Citigroup Stock Once Again  [View article]
    if you are a bull on C, pick up the Jan 2013 call options. pick your strike - $5.00, $5.5 or $6.
    Dec 13, 2010. 08:41 AM | 1 Like Like |Link to Comment
  • A bank-by-bank breakdown of exposure to mortgage risk under different scenarios indeed shows Bank of America (BAC +1.7%) at the top of the list, with estimated putback losses of roughly $17B-$35B. While industry losses could total some $65B, Credit Suisse's Moshe Orenbuch says the financial system can weather this storm.   [View news story]
    floor on BAC?
    Oct 26, 2010. 07:57 PM | Likes Like |Link to Comment
  • Sept. ADP Jobs Report: -39K vs. +20K expected and +10K prior (revised from -10K). "The decline in private employment in September confirms a pause in the economic recovery already evident in other data. A deceleration of employment occurred in all the major sectors shown in [the report] and for all sizes of payroll."   [View news story]
    Dan - good point, though I would add there has already been a ton of cost cutting efforts and many companies already cut to the bone in last 12 months and remainreluctant to hire. Ex financials, profit margins are in great shape. So what does this mean? revenue growth has to materialize to deliver the EPS growth. while margins may expand in Q3 and Q4, I expect the surprise element of margin expansion isnt there and in 2-3 quarters companies will need more revenue acceleration to occur. 1Q11 could be a problem. - tough top line comps, less margin upside oppty, currency? etc....
    Oct 6, 2010. 08:41 AM | 3 Likes Like |Link to Comment
  • More QE: Bullish on Stocks, Commodities; Bearish on Dollar, Bonds  [View article]
    solid write up - I appreciate the perspective and agree the equity market remains very susceptible to incremental data-points. In patricular, anything negative from overseas will cause a problem and Europe certainly is not out of the woods. One important question - what is your view on equity market volumes in September and October (thus far)?
    Oct 6, 2010. 08:33 AM | Likes Like |Link to Comment
  • Cisco's (CSCO -9.4%) warning on slower IT buying is pressuring shares of chip companies with significant exposure to Cisco specifically and to IT products more generally: CAVM -8.9%, NETL -8.2%, BRCM -3.6%, VLTR -2.3%, [[ATHR] -1.7%, MRVL -0.4%.   [View news story]
    is BRCM a short?
    Aug 12, 2010. 05:52 PM | Likes Like |Link to Comment
  • The Case for Amgen  [View article]
    thanks. And the FUTURE earnings growth rate is??????
    Aug 12, 2010. 05:44 PM | Likes Like |Link to Comment
  • The Case for Amgen  [View article]
    what's behind the 13-14x multiple assumption?
    Aug 11, 2010. 07:15 PM | Likes Like |Link to Comment
  • Intel (INTC): Q2 EPS of $0.51 beats by $0.08. Revenue of $10.7B (+34.2%) vs. $10.3B. (PR)   [View news story]
    INTC inventory days rise 14 days sequentially to 87 days?! keep an eye on that in 2H10......
    Jul 14, 2010. 07:53 AM | Likes Like |Link to Comment
  • Intel (INTC): Q2 EPS of $0.51 beats by $0.08. Revenue of $10.7B (+34.2%) vs. $10.3B. (PR)   [View news story]
    it's a cyclical. 15x is not the kind of PE INTC gets as margins are pushing all time high.
    Jul 13, 2010. 04:59 PM | Likes Like |Link to Comment
  • Intel (INTC): Q2 EPS of $0.51 beats by $0.08. Revenue of $10.7B (+34.2%) vs. $10.3B. (PR)   [View news story]
    Econdoc - how do you arrive at sub 700 for S&P? technical, fundamental or a bit of each? argument behind your thesis?
    Jul 13, 2010. 04:58 PM | 1 Like Like |Link to Comment
  • Intel (INTC): Q2 EPS of $0.51 beats by $0.08. Revenue of $10.7B (+34.2%) vs. $10.3B. (PR)   [View news story]
    Peaking cyclical results out of INTC. no question.
    Jul 13, 2010. 04:56 PM | Likes Like |Link to Comment
  • Why Bernanke Won't Ease Further  [View article]
    nominal short term rates are approaching zero but REAL short term rates are running negative. The economy's already in deep doo doo and Ben knows it. additional easing wont really matter until structural problems are addressed.
    Jul 12, 2010. 06:01 PM | Likes Like |Link to Comment