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ChiefEngineer

ChiefEngineer
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  • Auf Wiedersehen, Au Revoir, Greece [View article]
    Very perspicacious. This is a general statement supported by an infinite number of specific instances and events. The West is suicidal, self delusional, and without unifying "Great Ideas". It's people can be characterized by the crowds of current rock concerts of repetitive, white noise. Look at them, in ecstasy and escape from freedom and Reality, in thrall to nihlism and nothing, or to be charitible, to sub mediocrity.

    We are infantile and increasingly the Borg, of the Star Trek collective. Declining birth rates, family disintegration make "resistance futile" to foreign and alien takeover.
    Nov 2, 2011. 07:11 AM | 5 Likes Like |Link to Comment
  • Earnings Disappoint, But Apple Adds $5 Billion To Its Coffers [View article]
    Rereading posts here. Is it in the realm of possibility that analysts set targets they know are unachievable, but still spectacular, in order to reduce stock price and create buying opportunity? Maybe that sounds like a conspiracy theory, but strange stuff has come out of Wall Street over the years.

    The current price of AAPL is a buying opportunity, on the dip.
    Oct 21, 2011. 06:21 AM | 2 Likes Like |Link to Comment
  • Earnings Disappoint, But Apple Adds $5 Billion To Its Coffers [View article]
    Excellent post. I made a similar observation on another AAPL topic board. The analogy is like a field goal kicker. In absolute terms, AAPL kicked the ball straight and long down the middle of the field, longer than any time in the past. But the analcysts moved the goalposts so far, that only a near miracle could the football reach. Why do investors accept as a given that there is inherent validity and integrity in analysts' targets?
    Oct 19, 2011. 07:44 AM | 2 Likes Like |Link to Comment
  • Apple (AAPL): FQ4 EPS of $7.05 misses by $0.23. Revenue of $28.3B (+39% Y/Y) misses by $1.15B. AAPL -5.6% AH. (PR)  [View news story]
    For a "miss" of analyst's expectations, one has to assume that there is some objective and compelling confidence in the targets set by analcysts. Why is that? Could a more realistic target have made AAPL outperform again? AAPL outperformed their own targets.

    Analysts are like film critics, if they had the talent and mojo, they would be working at doing and creating.
    Oct 19, 2011. 07:35 AM | 1 Like Like |Link to Comment
  • Apple (AAPL): FQ4 EPS of $7.05 misses by $0.23. Revenue of $28.3B (+39% Y/Y) misses by $1.15B. AAPL -5.6% AH. (PR)  [View news story]
    Nobody ever questions whether the analysts estimates were realistic or in line with real data, such as product cycle, refresh models, etc. Notice that the metrics and methodology of the analysts is never mentioned. I wish someone on these financial programs would ask some whiz, "How did you arrive at your particular estimate figure?" Wouldn't that be nice?
    Oct 18, 2011. 05:31 PM | 2 Likes Like |Link to Comment
  • Amazon Fires 7-Inch, $199 Tablet At Apple [View article]
    Don't agree. Premium cars, straight malt whiskey, upscale, status filled, beautifully engineered, items will always have a market. The cost between this cheap tablet and something like an Apple product that is beautiful and elegant precludes the "communization" or leveling of all products. You pay for what you get. Apple products are very close to being industrially hardened: they just run and run and last.

    iPad is becoming so ubiquitous across professions, consumers, artists, and space aliens, that no only is momemtum there, but folks can be sure that Apple is going to be around for while. Remember all the cheap PCs in the 90s? What happened when you called for tech support? "That number is no longer in service".
    Sep 28, 2011. 05:09 PM | 3 Likes Like |Link to Comment
  • Amazon Fires 7-Inch, $199 Tablet At Apple [View article]
    I'm sure it will find a ready market, a separate market, just as Toyota Corollas, etc., don't compete with BMW, Mercedes, Accura, Audi, etc.
    It's not as if someone who was bent on buying an iPad sees this as being in the same showroom.

    And then there is the profit margin. Guess who is really making the money here? iPad is like the sport SUV with a lot of horsepower, Kindle is an econo box with small tires and crank handle for the windows
    Sep 28, 2011. 01:14 PM | 2 Likes Like |Link to Comment
  • "Stocks are now more undervalued than at the generational bottom back in 2009," says Doug Kass (we covered that call). The key for Kass: Growth is slowing, not stopping. He also thinks banks are about to have a La Dolce Vita moment in which they get their act together. The final ingredient, he says, is falling commodity prices - especially oil.  [View news story]
    The price of a stock is what people are willing to pay, not valuations. If the Iranians or other Muslim terrorists set off a nuclear bomb within Europe or America, valuations will be low, but attractiveness to buyers will be determined by the market.

    Cars with bald tires and misalignment of tires have low valuations but can get you killed.

    Sorry, using only technical analysis in these times is not prudent
    Sep 23, 2011. 12:17 AM | Likes Like |Link to Comment
  • When's the Right Time to Sell Apple? [View article]
    <<Only a true worldwide economic collapse will kill this incredible company.<<

    Completely wrong. No other company in the world has a cash to earnings ration like Apple. If anything economically could kill Apple, then there would be nothing left but basket weaving on the planet. Think twice before you agree with those "analysts" that harp on Apple paying dividends. I would rather they bought back their stock and smoked those shorties that artificially depress the stock.
    Aug 20, 2011. 10:55 AM | 1 Like Like |Link to Comment
  • The Era of the Laptop Is Over: Apple to Sell 20 Million iPads Over the Holidays [View article]
    This is silly. Doctors are walking around with iPads, as are executives of Fortune 500 companies, using iPads at board meetings, etc. A realtor friend of mine uses the iPad 90% of the time. He NEVER leaves his office without it.

    Students will be using iPads in every school soon instead of the tablet and pen.

    You should get out more.
    Aug 20, 2011. 10:37 AM | 4 Likes Like |Link to Comment
  • The Era of the Laptop Is Over: Apple to Sell 20 Million iPads Over the Holidays [View article]
    Or they could start a buy back of their stock.
    Aug 20, 2011. 10:32 AM | 1 Like Like |Link to Comment
  • Corn Overreacts to USDA June Reports [View article]
    I've got a helluva headache here. Will somebody help? So let's say corn prices will decline due to whatever. For the farmer to make the same amount of money, he will have to plant more corn, more acreage. That means more fertilizer. If corn were stratospheric in price, then he would have to plant less to make the same money, resulting in .....less fertilizer!!. Corn prices are still historically high, so is not the farmer going to use the same fertilizer rate per acre??

    I'm confused. You know, before the ethanol scam, the Federal Govmint used to buy the excess corn and ship it to poor starving Muslim African countries, to feed and save the starving children so that they could grow up and hate us. I personally have delivered grain in Africa, courtesy of the "People of the United States of America".

    What is going on here with fertilizer prices taking a dive today?
    Jul 1, 2011. 04:22 PM | 1 Like Like |Link to Comment
  • What Happens to Apple After Steve Jobs? [View article]
    Andy Zaky wrote on the overall impact of Jobs on Apple-in his absence and final exit. Zaky is analytic and precise, this bozo is idiosyncratic and sloppy.
    May 20, 2011. 09:11 AM | 2 Likes Like |Link to Comment
  • Zaky: Why Apple's Guidance Is Still Important [View article]
    Andy,

    Today we had another big dump at the end of the market, just as before, which was the subject of your past article. There was no news, nothing. Just a ~600K share immediate sell off. Then ~ 2 million shares in under 15 minutes, with the final dump being over 733K shares.

    No other stock I know has this happen to it. I doubt if it could be a little rumor or small item like the announcement of another lawsuit. Others like Nokia, etc., hardly seem to be affected.

    The point is: what is a retail, individual investor to do, with this kind of out of nowhere dump?

    I doubt if someone is hitting the wrong key on the keyboard so frequently. Is there some advantage to someone who is doing this? It seems that this instant sell would result in a loss, instead of an orderly buyer/seller apportionment.

    You opinion, please.
    Apr 29, 2011. 04:19 PM | 1 Like Like |Link to Comment
  • Why I'm Not a Buyer of Google's Stock [View article]
    The only thing that matters is future earnings growth. That's why I am with Apple and will stay with Apple. The author is exactly correct. Forward looking earnings for Google are mediocre at best.

    And Apple can continue its trajectory without Jobs. Do some research on who the Senior Vice Presidents are and when they started with Apple. I find the thesis that Apple will somehow shrivel without Jobs to be laughable and pathetically lacking in fact and logic
    Mar 9, 2011. 07:54 AM | Likes Like |Link to Comment
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