Seeking Alpha

davcnslt

davcnslt
Send Message
View as an RSS Feed
View davcnslt's Comments BY TICKER:
Latest  |  Highest rated
  • Micron, Seagate form NAND flash/SSD alliance [View news story]
    Seagate needed this. There have been rumblings that the supply (and the knowledge) they were to get when they acquired Samsung's HDD business, was not what was expected. The truth is that Seagate and Western Digital are both in superior positions to become significant source channels for NAND based products. They have mature and well understood channels, device level engineering and manufacturing disciplines and control of hybrid device markets with very wide moats. No doubt this is very good for Seagate.
    Feb 13, 2015. 02:39 AM | 3 Likes Like |Link to Comment
  • An Update On Hutchinson Technology [View article]
    Thanks, it really is a thorough piece. But like you can never be too thin, you can never have too much data. Interested investors may also like to read this article from local coverage on HTCH. http://strib.mn/16XVdqn Cheers & good luck.
    Feb 12, 2015. 10:32 AM | 2 Likes Like |Link to Comment
  • Update: Assessing American Capital Agency's Results For Q4 2014 [View article]
    Scott,

    Your work is simply among the best that SA has to offer. I have no assets in my portfolio that I feel more informed about than those which you cover. Just to qualify my statement; as a retiree I devote a considerable amount of time reading about the market and I tap into many periodicals, sell-side reports, and newsletters.

    Sincere Thanks
    Feb 4, 2015. 02:41 AM | 3 Likes Like |Link to Comment
  • Update: Addressing The Abrupt Resignation Of Annaly Capital's Chief Portfolio Officer [View article]
    I feel like this could have been handled better by NLY and I'm disappointed that management didn't feel the need to do so. Just the few comments above shows how tempting conjecture rushes in to fill a vacuum when one is created. They don't have to offer full or specific disclosure. For example they could simply announce that "Ms. Lyght has decided to leave in order to devote her time and energy to a personal challenge that we will not discuss" rather than say that "Ms. Lyght has been diagnosed with" whatever. If the announcement made is all there is I would not expect this to go well.
    Feb 3, 2015. 08:25 AM | 2 Likes Like |Link to Comment
  • American Capital Agency's Upcoming Q4 2014 Earnings Projection - Part 3 [View article]
    Scott, If I were teaching investors I would make this article series a primer. If I ran a research house, I would make it mandatory reading and I would test on it. How to say thank you for sharing the benefits of your obvious hard work? It seems the words are a little short of the mark but thank you. Sincerely.
    Jan 28, 2015. 03:54 AM | 3 Likes Like |Link to Comment
  • Annaly: I Am Seeing More Reasons Not To Own This Stock Right Now [View article]
    Yes, quite a real consideration in my opinion when considering the federal, and some state, budgets
    . Scrolling down at this Wikipedia page and you'll find a bullet list of entitlements that will accrue to same sex couples as a result of recent policy changes. http://goo.gl/LDT3q

    My conscious tells me that it is right, but coupling this with the pressure on budgets across the board just grows the deficit.
    Jan 6, 2015. 04:45 AM | Likes Like |Link to Comment
  • SFX Entertainment: The Party Is Just Getting Started [View article]
    "It is no secret that SFX Entertainment's (NASDAQ:SFXE) financial performance since its IPO has been disappointing. In fact, the company has missed earnings estimates for the past four quarters. More recently, the company announced launching and closing on $75 million in 9.65% second lien secured notes offering in additi.........." full stop...next article
    Oct 9, 2014. 11:53 PM | Likes Like |Link to Comment
  • Why Is Verizon A Better Pick Than AT&T For Income Investors [View article]
    Thank you for the article Bob. I have to agree with @ppars. The two stocks seem to dovetail nicely. I've held T since the early 90s and began accumulating VZ in 2004. I am slightly more weighted to T. I start full retirement in 2016 and frankly, I expect both will remain in my portfolio through my golden years. Cheers and good luck.
    Sep 27, 2014. 07:21 AM | 4 Likes Like |Link to Comment
  • New Media Investment Group Offers 100%+ Upside With Downside Protection From Sustainable ~7% Dividend Yield [View article]
    And I would second the idea of a follow on. In the meantime, nice work VJ. Plenty here to chew on including any remaining question. Industries in secular decline can often harbor value and you may have well highlighted one of these. Have you had any communication with IR? I would welcome a better understanding of the digital versus print parts of their enterprise.
    Aug 21, 2014. 05:52 AM | 1 Like Like |Link to Comment
  • Hutchinson Technology's (HTCH) CEO Rick Penn on Q3 2014 Results - Earnings Call Transcript [View article]
    David, I agree with your comments and would add only one small point. HTCH suggested that they expect some share gain but the numbers don't seem to total correctly. HTCH is guiding 110-115m units compared to last quarter's 97.5m units shipped. At first glance this may appear as a 13%-18% increase in unit shipment qtr-qtr. They may have forgotten this quarter is a 14 week quarter as compared to the typical 13 week quarter. If we take last quarter's unit shipments of 97.5m and apply a 14 week quarter it becomes 105m. So their guidance of 110m-115m is in line with general industry guidance in TAM forecast (as noted from WDC, STX earnings calls). That would suggest maintaining share from Q to Q. There is no market share gain.
    Aug 6, 2014. 04:36 AM | 2 Likes Like |Link to Comment
  • What's The Right PE Ratio? [View article]
    @authentic, I am glad you brought that up. In my opinion QE is something of a game changer, calling into question the comparisons that inevitably follow a discussion about PE. Having said that I still feel the author's observations are valid in general. PE is still a valid data point just like payout ratio is to those of us chasing income. For my own decision making I am more interested in PE comparatives within similar industry groups. When an anomaly is seen there is always something interesting to be yielded by a much closer examination. To be frank, that is my first line of query in every buy I make. Also to be frank there are view stocks, or groups for that matter, that can pass muster while occupying north of 20.
    Jul 30, 2014. 02:37 AM | Likes Like |Link to Comment
  • Forget The Trains And Planes, Buy This Industrial REIT For A 20% Treat [View article]
    Thanks for the research and article. However, in addition to the concerns expressed so far I would add another comment or two. Quoted in another article concerning REITS recently published in SA:

    "Really successful companies' build their strategies on a few vivid and hardy forms of differentiation…the strongest sources of differentiation in a company's strongest businesses are its crown jewels."

    I just am not able to find anything in that regard that is distinctive about Terreno.
    Jul 16, 2014. 10:20 AM | Likes Like |Link to Comment
  • Annaly: Can You Invest In It And Still Sleep Well At Night? [View article]
    This is one of my top reads ever on SI. Very helpful, many thanks.
    May 1, 2014. 07:29 AM | 2 Likes Like |Link to Comment
  • A Reason To Favor Western Digital Over Seagate [View article]
    This "study" will have little to no effect on Seagate's sales. Full stop.
    Feb 7, 2014. 10:22 AM | Likes Like |Link to Comment
  • A Reason To Favor Western Digital Over Seagate [View article]
    Once again Paulo, you are a master of hasty conclusions and dissembling. You start by parroting the article from Backblaze, show some of the graphs, and pontificate:

    "And therein lies the problem. Seagate drives saw much larger failure rates than either Western Digital or Hitachi."

    Then, when some of the responses point out that the study has several questionable elements and that a five page article by Tweaktown brings these to the discussion (a fact that you seem totally oblivious too) you reply to these responses by writing:

    " - - - - the study presents a clear image problem."

    And you add:
    "This sort of explains the problem: 'To add insult to injury, most tech websites have picked this story up and proclaimed the results as a definitive guide to drive reliability.'"

    Presumably you are quoting someone else who "sort of" wrote something you could retreat to. The truth is that your article reflects other, more systemic misunderstandings on your part. The most egregious of these is when you write:

    "These companies are thus very evenly matched, WDC is only slightly more expensive and both sell a commodity product, hard drives."

    Nothing could be more of a single sloppy brush stroke than that incredibly empty remark. I suggest that you not repost until you have at least read the Tweaktown response to the original article. You tried to brush it aside by writing:

    "There are many reasons to criticize the study, but that's besides the point anyway."

    but that simply doesn't cut it here.

    Disclosure: I have 35 years in the Data Storage industry, am semi retired and own no shares in STX or WDC.
    Feb 6, 2014. 11:26 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
142 Comments
123 Likes