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davcnslt

davcnslt
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  • 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 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 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 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 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 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 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 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 11:26 PM | 2 Likes Like |Link to Comment
  • Will Flash Memory Spell The End Of The Hard Disk Drive (HDD) Industry? [View article]
    Good stuff, thank you. There is a lot of work represented here and it is a big chore to consolidate it all into one cogent report which you have done very well. Your conclusions have been broadly understood by storage insiders and savvy investment research departments for quite some time. The first chart that I saw arriving at fundamentally the same conclusion was part of a presentation by Gartner Dataquest about four years ago. It has been frequently updated since then. Still, I think your organization of the current info and publication here on Seeking Alpha is splendid and could become a point of reference for investors for some time to come. Any thoughts about any of the technologies being worked on in the wings. MRAM is an interesting technology. To quote Wikipedia:
    "MRAM has similar performance to SRAM, similar density to DRAM but much lower power consumption than DRAM, and is much faster and suffers no degradation over time in comparison to flash memory. It is this combination of features that some suggest makes it the 'universal memory', able to replace SRAM, DRAM, EEPROM, and flash. This also explains the huge amount of research being carried out into developing it."
    Jan 29 02:15 AM | Likes Like |Link to Comment
  • SanDisk Still Cheap At Record High [View article]
    Of interest to this thread may be: "Flash in the Cloud: Why or Why Not?" http://bit.ly/1hlpJdL
    Jan 22 10:55 PM | Likes Like |Link to Comment
  • Here's What The Buy Side Expects From SanDisk [View article]
    Leigh, first of all a belated thanks for this piece. It is a reasonably unusual miss by the buy side and I was wondering if you have any follow up thoughts about that and Sandisk's fresh guidance.
    Jan 22 10:48 PM | Likes Like |Link to Comment
  • Western Digital Corporation beats by $0.11, beats on revenue [View news story]
    Based on WD's guidance it appears that the HDD industry got a little ahead of itself as buyers pulled into CQ4-13 the demand that would seasonally have been shipped in CQ1-14. It is something of an anomaly and deserves a sussing out.
    Jan 22 10:40 PM | Likes Like |Link to Comment
  • Annaly Has Bottomed: Multiple Reasons To Run For The Hills [View article]
    My sympathy?! I don't have any on these pages. I do have a sense of humor however and I want to thank you for providing my first LOL of the day.
    Jan 21 04:14 AM | Likes Like |Link to Comment
  • Annaly Has Bottomed: Multiple Reasons To Run For The Hills [View article]
    It was clear to me when I read the title. What does "Run for the hills" mean to you?

    Sorry, you won't get much sympathy here with "if one doesn't have the time to read the WHOLE article". In fact, I would argue that any article on any investment here is just one small part of the due diligence required to soundly invest.
    Jan 16 10:34 PM | 6 Likes Like |Link to Comment
  • Annaly Has Bottomed: Multiple Reasons To Run For The Hills [View article]
    Another investor that wants to

    "make a lot of money on little capital in a short time without working for it."

    Do yourself a favor. Slow down and do your homework.
    Jan 16 10:26 PM | 2 Likes Like |Link to Comment
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