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R Dwyer

R Dwyer
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  • Though Samsung (SSNLF.PK) is the world's biggest memory maker and a top LCD maker, the growing needs of its phone/tablet ops are forcing it to turn to 3rd-party suppliers. Digitimes reports Samsung has stepped up its purchases of mobile DRAM chips from Elpida and NAND flash products from Toshiba, and that the electronics giant is also buying 5.8" LCD panels from Taiwanese suppliers for its phablets. The implications for memory/LCD demand and pricing are a positive for rivals MU, SNDK, AUO, and LPL, and perhaps also glassmaker GLW and NAND controller supplier SIMO[View news story]
    As many know Corning HQ in Corning is just north of the NY-PA state line.That county immediately to the south is where fracking is in high gear and many,including present and past Corning folk are in high clover,receiving like $50,000 monthly checks from the exploration companies which have shown great interest in their modest residential property.
    I was recently on a European cruise with a number of them.They were in high spirits and oh yes,proud to be associated with Corning
    Well that hardly applies to the prospects for Corning investors but it is always reassuring that morale is high there.
    Apr 12, 2013. 03:39 PM | 1 Like Like |Link to Comment
  • Exxon Mobil (XOM) closes a deal to buy an 80% interest in an offshore Liberia oilfield, an important step toward development of the country's resources. The deal, which adds heft to Liberia's nascent oil industry, comes as the impoverished west African state is seeking to overhaul its energy policy and bolster transparency. [View news story]
    As a stock holder for over twenty years I have noted certain trends or buying philosophy
    This latest investment is classic Exxon in that they are buying into an offshore oil field.I think that is a prudent way to access assets in the most defensible locations
    Every oil exploration company unavoidably ends up dealing with numerous third world countries where corruption and violence are part of the scenery.I think it is astute in making the majority of investments in offshore oilfields
    Bob Dwyer
    Apr 5, 2013. 04:41 PM | Likes Like |Link to Comment
  • Exxon Mobil (XOM) and Mexico’s state-controlled oil giant Pemex reach a deal to collaborate in research, science, technology and human resources training for the exploration, drilling, production, transportation and storage; the agreement does not involve paid services. Pemex seeks to modernize, as its crude output has been dropping steadily for years. [View news story]
    If the agreement "doesn't include paid services" then what does it include? What sort of agreement are you describing?

    Robert Dwyer
    Apr 3, 2013. 05:05 PM | Likes Like |Link to Comment
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