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  • 5 Reasons Tesla Motors Will Thrive [View article]
    California is sitting on some large off shore oil resources. What California does to create artificial market forces probably will affect California much more than the rest of the world.
    Mar 24 10:20 PM | Likes Like |Link to Comment
  • 5 Reasons Tesla Motors Will Thrive [View article]
    Looks like NG will be powering most of our generators in the future. Would like to see the engineering comparison of converting NG via power plant to battery vs. using NG directly in a vehicle. Intuition says the latter would be more efficient but certainly some one has cranked the numbers.
    Mar 24 10:17 PM | Likes Like |Link to Comment
  • The U.S. Housing Bubble Is Back [View article]
    Right on. In Illinois, six neighbors have tried to sell in the last 9 months. Four took them off after listing at 30% under assessed valuation. One sold at more than 30% under and one remains. Prove Illinois is in a bubble, I'll eat this laptop.

    In Florida, life is returning to real estate. But I would characterize the market on the Gulf side as slow to normal, not as a bubble.

    Econ 101, says short supply, not high demand, is increasing prices albeit slowly.
    Mar 19 03:20 PM | 4 Likes Like |Link to Comment
  • Apple - Hold On Tight And Don't Play Wall Street's Game [View article]
    Amen thgilnoom!

    Also, "To me, as a non-techie, Apple products are just much more reliable, easier to use, and feel premium (because they are) vs. the cheap feeling (because they are) of Samsung and Google products. I am confident that, at the very least, Apple will be able to hold on to its existing customer base."

    As a "techie", and former MSFT/INTC bigot and user of both Rim and Samsung phones, this is the most amazing piece of the AAPL success story. They almost always lead the pack in technology but with incredible ease of use, great support and almost bullet proof reliability. I could list a hundred examples, both over decades and recent, of frustrating purchases and crap support from all the players in the tech industry, except AAPL. The most recent is my Apple TV connected to the internet vs.our brand new Tivo. Apple TV is lightning fast, easy to use and reliable. The Tivo implementation is the exact opposite, not even worthy of a high school science fair project and three years newer!
    Mar 18 10:41 AM | 5 Likes Like |Link to Comment
  • Ultra Petroleum Is Undervalued, But Is It Time To Buy? [View article]
    Congrats. Looks like you're doing well this morning!

    Worrying if its just shorts covering before option expiration. Think I am going to sell stock and buy some puts at $18.
    Mar 15 10:29 AM | 1 Like Like |Link to Comment
  • Is The Dollar Back? If So, For How Long? Is the Answer Energy Dependent? [View article]
    Yesterday, consumer sales announced, up 1%. Today, CPI announced at +0.7% vs. +0.5% expected, 0.0% prior. Core CPI +0.2% vs. +0.2% expected, +0.3% prior.

    Would like to know the percentage of the population that had an income increase of .7% last month.
    Mar 15 09:01 AM | 1 Like Like |Link to Comment
  • Apple: Last Year I Said Sell -- Buy Now? [View article]
    On Feb23rd, 2012 the author wrote a SA article entitled, "Shun Google Until Management Is Replaced." On Feb 22nd, GOOG was 607.94. Yesterday, GOOG closed at 827.61.

    Listen if you like but I would hardly consider that kind of miss slight or credit the author with omniscience.
    Mar 13 09:09 AM | 30 Likes Like |Link to Comment
  • Comcast Is Entering The Wonderful World Of Disney [View article]
    Good luck Comcast. After upgrading two years ago to the triple play, our contract is up and we are going off Comcast completely. Here's how:

    1) Mohu buillds an outdoor antenna that costs around $170 called the Sky. This antenna is omnidirectional with a 60 mile range. The nearest broadcast antennas in our areas are 40 miles distant. Two are north and one is directly south. All three cities come in crystal clear with this little marvel. It feeds my 8 TV outlets through a $40 distribution amp. Antenna is in the attic connected to the distribution amp in the basement. Crystal clear 1080i signal that is better than the compressed Comcast signal and has given us 44 broadcast channels.

    2) Internet service is ATT dsl, the only service we need, hooked to our wireless router. iPhones, Xbox and laptops all connect wirelessly via DSL. You could also use Comcast.

    3) For TV, we are combining the 44 broadcast stations with Apple TV which gives us hulu streaming via our internet connection. We love hulu's content and the best part is that it is always available when we want (for a change). You could add netflix, or MLB, as well as others, depending on your interests. Apple TV is a one time purchase of $99 and hulu is around $8 per month.

    4) Our land line is going as well. Verizon offers a great new package of iPhones that includes unlimited calling, messaging, etc. Verizon covers our somewhat remote geographies perfectly. When the ATT contract ends in July, we'll be able to cut our bill, expand our service area and upgrade our services.

    5) Still looking at a DVR. TIVO is one alternative but they have a crazy expensive fee of $15 per month for a program guide.

    Overall, we'll save over $225 per month and recover our initial investment in the first two months. Comcast and Verizon need to change their model which is probably why they have to go the NBC route. Their sweet monopoly revenue stream appears in jeopardy.
    Mar 6 08:03 AM | 1 Like Like |Link to Comment
  • Apple: Zero Growth ... Really? [View article]
    Had a Samsung Blackjack which was a poor attempt at a Blackberry. Crashed repeatedly and keyboard broke after 1 year of light use. Switched to Blackberry. Hard to use for anything but Email and screen was pathetic. Switched to 4S after using non-tech wife's 4. Both work elegantly, never crash and play our itunes and photos easily through a newly acquired Apple TV.

    My 88 year old mother has used year iPad every day for over a year now with out a hitch. Her stroller seat has a "trunk" she uses to push it around with her. My 11 year old grand daughters, cousins and friends all use iPod Touches and Mom and Dad both love their iPhones.

    I am a newly reformed and converted, decades long MSFT bigot. Samsung has a nice product for anyone other than an iphone user. Time will tell if they can challenge. I believe probability is under 30%. Probably wind up with the low price, low margin market.
    Mar 5 05:21 PM | 4 Likes Like |Link to Comment
  • Apple, Samsung And Irrational Pessimism [View article]
    With decades in the computer industry, and experienced in the lie of "user friendly," I grudgingly purchased my non-tech wife an iPod several years ago. She freaked until she started using it and hasn't put it down in five years, except to upgrade. After my own personal frustration with a Samsung Blackjack and RIM Blackberry, I grudgingly bought my still non-tech wife an iPhone 4. She never puts it down and, unlike both my Blackjack and Blackberry and laptops, it never freezes, breaks or crashes. I dumped my Blackberry for a 4S as soon as I could and after a year and a half will swear the 4S is the best electronic product I have ever owned in my several decades of computer ownership.

    We also both own Kindle's, one because it was free and one was a gift. They're okay. And cheap. But not exciting. iTunes store is better than Amazon and so is their cloud. So here is my conclusion. AAPL is not going bankrupt, obsolete or to be outdone by any of the current players, most which have just now caught up to where AAPL was several years ago. Apple's gear is amazing, bulletproof, easy to use and has the most loyal customer base that I have ever seen, including a huge number of kids under 10 and seniors, including my 88 year old mother.

    I recently added Apple TV. While the content is not yet up to par without hulu and MLB, etc, the user interface, size and reliability is outstanding and we have determined that with a mohu outdoor antenna we can cut the cord to Verizon TV at one home and Comcast at the other. Apple may wind up being a strong player in this market, either alone or with one or both of these players.

    I am a student of valuation models and know their weaknesses and strengths. But more important than the technicals or fundamentals is product. Good product sells good. Add that to loyal customers and they will easily surf a wave, and command a premium, for the next decade.

    Signed,
    A reformed and humbled MSFT/INTC bigot.
    Mar 4 10:47 AM | 10 Likes Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    Let me agree and disagree. We are bigger than Finland. I saw a comparison of the US to Iceland the other day. Really? We could model the US after a country with a pop. of 300,000 and a GDP of 12B? We have population demographics and geography very different from Norway or Belgium. Some of our States or suburban might be a better and have a more favorable comparison.

    For decades its been thought that education could solve the poverty divide in the US. It hasn't. Throwing money at the problem seems to actually have made things worse. The BS isn't in the action, its in the poor execution. Some of it, like an open border, even intentional.
    Feb 24 05:57 PM | 1 Like Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    "What a lot of people that complain about Government spending don't realize is that GDP also includes Government spending. When Government spending decreased so does the GDP."

    Textbooks claim the formula for GDP includes +G. Should the assumption be made that if the G doesn't confiscate our money via taxes, we couldn't just flip the spending to consumer consumption, and in the process place it into the economy more efficiently and effectively?

    I suspect a lot of that +G was considered additive to GDP when spending was only on productive resources such as interstates, ports and bridges or for the common defense. Now it is spending just for spending sake. Lining the pockets of friends, family and donors is not beneficial for the community as a whole nor I suspect does it increase GDP. I'm sick of politicians claiming a moral or economic imperative to spend on such shenanigans. Its not +G, its theft.
    Feb 24 05:34 PM | 3 Likes Like |Link to Comment
  • Apple Is Not Worth $460 [View article]
    Ahhh, inflation?
    Feb 20 08:01 PM | 2 Likes Like |Link to Comment
  • Apple Is Not Worth $460 [View article]
    With decades in the computer industry, and experienced in the lie of "user friendly, I grudgingly purchased my non-tech wife an iPod. She freaked until she started using it and hasn't put it down in five years, except to upgrade. After my own personal frustration with a Samsung Blackjack and RIM Blackberry, I grudgingly bought my still non-tech wife an iPhone 3G. She never puts it down and, unlike both my Blackjack and Blackberry and laptops, it never freezes, breaks or crashes. I dumped my Blackberry for a 4S as soon as I could and after a year and a half will swear the 4S is the best electronic product I have ever owned in my several decades of computer ownership.

    We also both own Kindle's, one because it was free and one was a gift. They're okay. And cheap. But not exciting. iTunes store is better than Amazon and so is the cloud. So here is my conclusion. AAPL is not going bankrupt, obsolete or to be outdone by any of the players mentioned in these comments. Apple's gear is amazing, bulletproof, easy to use and has the most loyal customer base, including a huge number of kids under 10, that I have ever seen.

    I am a student of valuation models and know their weaknesses and strengths. But more important than the technicals or fundamentals is product. Good product sells good. Add that to loyal customers and they will easily surf a wave, and command a premium, for the next decade.

    Signed,
    A reformed and humbled MSFT/INTC bigot.

    PS. Just ordered Apple TV today. I hope they crush my cable (Crapcast) company.
    Feb 20 01:17 PM | 10 Likes Like |Link to Comment
  • How To Become A Millionaire Without Really Trying [View article]
    "Real estate that is now extremely valued was out of reach to minorities and stocks with even small capital amounts was also unheard of."

    Thanks for encouraging others to invest. However, being white and inheriting wealth may not be as common as you suggest. Personally, both sides of our family were poor immigrants, and rather than leaving real estate wealth, the costs of a long life and dementia consumed the little savings and assets they accumulated.

    Their real gift was motivation and hard work. Before you conclude where I am going, I would not begin to assume a particular color is lazy or on the dole since I have many relatives and acquaintances that ignore the model of previous generations. Also, I have worked alongside people of many shades who modeled far greater frugality, effort and intelligence than my family.

    So, to your prescription, I would add:
    1) Work. I was encouraged to get a job in fourth grade and learned how to treat customers, how to persevere daily through a miserable climate and the value of money.
    2) Save. Early savings entirely paid for a private high school. Work paid for college through grad school. Which leads to-
    3) Educate. College is not for everyone but education is. Do what you love and seek to be the best educated at doing it. And, no matter the career, understand finance. Not high finance. Rather, budgeting, investing and compound interest should become as natural as breathing.
    4) Motivate. Immigrants can easily feel victimized because of language, culture and competition. Goal setting and perseverance must always triumph over excuses or failures. Always.
    5) Think critically. Question others, whether teacher, politician or friend. Most importantly, question and challenge you own assumptions. You are usually "right" only half the time.

    The alternative to the above is to be lucky. Choosing wealthy privileged parents, winning Powerball or blindly picking the right stock are alternatives. I have never been good at any. But, I am the first to thank those that came before me, not for wealth, but for their wisdom. It sounds like we share that in common.
    Feb 16 09:17 AM | 2 Likes Like |Link to Comment
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