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  • More on Boeing's Q3 results [View news story]
    After taking a look at the actual statements the operating cash flow is way down for both the quarter and the prior nine months. I am not sure how this could be with earnings and margins up unless there have been some huge unreported expenses. What am I missing?
    Oct 22 02:14 PM | Likes Like |Link to Comment
  • More on Boeing's Q3 results [View news story]
    I don't understand the drop. Is there something hidden in the results that I missed? I would have guessed a programmed sell anticipating bad news but it has dropped even more after the numbers were released. I would buy more but I already have too many eggs in that basket and I am looking for an opportunity to sell some.
    Oct 22 01:45 PM | Likes Like |Link to Comment
  • Microsoft Is Threatening To Break Down [View article]
    That was a whole lot of nothing. Contradicting information and no explanation. Poorly written, I have no idea the point that is being made.
    Oct 15 11:35 AM | 10 Likes Like |Link to Comment
  • Apple Set To Lose Big Time In EU State Aid Case [View article]
    How can Apple be held liable for complying with the local laws? The EU has a longstanding complaint against Ireland for setting corporate tax rates too low. Since Ireland refuses to accommodate the EU, the EU's new strategy is to harass companies that do business from Ireland. Its pretty sleazy even for the EU.

    The EU is a flawed concept. If the union is going to continue they have to restructure. All members will have to have identical tax structure, all will have identical social spending, limits will need to be placed on deficit spending. Until then the member countries and the EU residents will do whatever is in their own best interest, not what is in the best interest of the EU.
    Oct 2 01:34 PM | 9 Likes Like |Link to Comment
  • Boeing: The Airbus A330neo, A Real Competitor For The Boeing 787? (Part 5) [View article]
    To Eddie: Boeing's big mistake was not renewing it's product line under the "leadership" of Harry Stonecipher. It really did let Airbus into the market. He chose to use the money to try to inflate the stock price with buybacks. It was short sighted and worst of all it did not work. But he was, maybe still is, the largest stockholder so if it worked it would have been self serving.

    A general comment on this series of articles. All modern jetliners will perform about the same using the same technology engines. You can talk about it forever, in any kind of detail you want, but it is a fact. At that point it becomes a issue of which aircraft fits their route better (capacity, range, speed, turnaround time, etc), maintenance/repair costs, off-optimum performance, customer support, acquisition cost, existing fleet and delivery time. If an aircraft is not a good match for the routes, say it runs 10-15% empty, there is no way it will make money regardless of fuel consumption. Can it do the high density route without a stop? Do you really need the range if you are going to have make the stop anyway? Very few routes use the aircrafts extreme range. The 787 tried to address maintenance costs as a priority. If successful that saving should show up in about 10years. Delivery times stretching out 5 years is a big consideration. Cost and financing are always near the top of any decision chart. The next generation of Boeing/Airbus aircraft will have next generation fuel consumption. The 737/A320 performance/size/range is so similar that the aircraft are practically indistinguishable. The choice will come down to the other issues.
    Sep 18 05:05 PM | Likes Like |Link to Comment
  • A 10 Year Old's Take On Microsoft's $2.5 Billion Purchase Of Minecraft [View article]
    The question is: Will Microsoft use the acquisition to broaden it's "ecosystem"? I hate that word, someone should coin a new term, but it is descriptive. Microsoft needs to attract users at all ages, at all levels of proficiency, for all tasks, for all types of entertainment, on all platforms. There is a lot of crossover. If someone buys a Surface table to play games on, it is likely they will use it later for work related tasks. If they use Minecraft, you have a better chance at selling them another media related products (music, video, porn, whatever). If they use MS products when they are young they will probably use them as adults. It is the Apple model. Apple also makes it hard to "escape" the ecosystem once you get established. I think the Apple model predatory but it is a business strategy. I hope this is a step in an overall business strategy for Microsoft.
    Sep 18 03:36 PM | Likes Like |Link to Comment
  • Apple Watch: Disruptive, Profitable, And Yes, The Next Big Thing [View article]
    It is a good looking watch. The initial sales will be the fan boys. After that sales will be by word of mouth. I might be interested in the sports version. The primary factor is how well it works. Does it reliably record your pulse? What is the real battery life? Do you have to have the iPhone on you person for all functions, some functions or just to download the data? After that is just a list of features and how many of those features are really useful. I bought Apple years ago when my kids were buying iPods, downloading music and would not touch anything else. They love every Apple product and service. I will have to see how they react to the new watch before I buy/sell any Apple stock. Each of them will own the watch within a year.
    Sep 9 07:23 PM | 3 Likes Like |Link to Comment
  • Boeing -1.5%, nicked by first Underperform rating since 2009 [View news story]
    Plus side: The HUGE backlog. That should get them through the next couple of years without a production break or slowdown. Provided there are not mass cancellations.

    Negative side: When the buyers panic they do it as a group. If the leasing companies start canceling orders get out quick, the airlines will be quick to follow. The leasing companies have a lot of aircraft on order and have a lot better visibility on aircraft demand than anyone else. Maybe even Boeing.
    Sep 2 01:36 PM | 2 Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    This is the exact story with the exact table (minus cola) that I have been showing people for years. There must be 2 or 3 stories on Yahoo each week extolling the benefits of delaying SS payments.
    Aug 26 04:48 PM | 1 Like Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    I have been telling people this same story for years with almost the exact same break even chart. I did not include historical cola's. This is exactly opposite what most retirement planners tell people. I can't count the number of articles I have read on yahoo saying it is best to wait until 70 to start taking payments. I am beginning to think there is a national conspiracy to get people to delay Social Security because its cheaper for the govt.
    Aug 26 04:38 PM | 4 Likes Like |Link to Comment
  • This Rival Makes Boeing Look Overpriced [View article]
    The real question is do you want to invest in any aircraft maker. Boeing has a huge commercial backlog. Boeing has had huge backlogs is the past and they can evaporate very quickly. When things go bad for the commerical carriers its generally industry wide and it hits all the carriers. When the aircraft lease companies start to cancel orders sell Boeing. They bought aircraft based on future needs of the airline, when that need goes away expect the airlines to cancel their direct purchases.

    LockMart is in a similar fix with a different kind of customer. The F35 is a capable aircraft but it is going to cost way too much. Expect some of the overseas customers to cancel the next time the price increases. Lockheed will have the same problem it had the F22 and B2, if you don't build enough of them the price per each escalates very quickly. When that happens the bottom will fall out of the oversea market in a flash. If the US reduces it projected order for the F35's, sell quick it will only get worse as cancellations cascade.

    Which is more at risk Boeing commercial business or LockMart's military business? I think Boeing has the better future. But both need economies that can afford new aircraft. LockMart in particular can't afford to screw things up worse than they are already. They are on the brink and their fate is in their own hands.
    Jul 15 01:40 AM | Likes Like |Link to Comment
  • Sirius XM: A Strong Sell [View article]
    Comparing Siri to Pandora and other online services is not really relevant. I use Sirius enough so that the data fees would be more than the cost of subscription. Its not just content it is delivery. The customer will have to choose.
    Jul 14 08:26 PM | 3 Likes Like |Link to Comment
  • Boeing -1% as McCarthy calls for letting U.S. Export-Import Bank expire [View news story]
    The bank doesn't cost the govt much, if anything. Just administrative costs. Its just like cosigning a loan for your kid. You are lending your credit rating to the an aircraft buyer.

    Its possible the real reason some lawmakers oppose it is pressure from US based international airlines. Quote "Delta Air Lines (DAL), however, opposes reauthorization of the bank and says taxpayers shouldn’t make it easier for foreign competitors to buy jets." They do not want to give anyone a competitive break.

    Last I saw Boeing was the largest exporter in the country. Don't give the business to Airbus. The planes will still be purchased and will compete with US airlines in the foreign markets. Except they will be Airbus aircraft.
    Jun 24 12:01 AM | 5 Likes Like |Link to Comment
  • Boeing's Stealth Taxpayer Subsidy [View article]
    These are defacto loan guarantees. Any money they make available for purchasing is borrowed from the private lenders or possibly the Fed. Its like borrowing money and then loaning it to your kid to buy a car. Even if buyer defaults, the loan is still backed up with an aircraft that can be repossessed. Some have stated that the Ex/Im actually returns a profit. I am not sure about returning a profit but it might be so given the US govt's access to cheap money. The writer is correct that the credit of the US is being used when the loans are guaranteed and that does put the US minimally at risk.

    I am not sure of Mr. Arnolds agenda. He is either horribly misinformed or pushing some anti-Ex/Im or anti-American business agenda. A lot of counties have the equivalent to an Ex/Im bank. The WTO looked at the Boeing/Airbus issue, as part of a larger dispute between Boeing and Airbus, and found that it was not a subsidy. They did find that both Boeing and Airbus received anti-competitive subsidies but Ex/Im financing was not one. They found that the Airbus subsidies (~18billion) were many times larger than those received by Boeing (~$4billion).

    Seeking Alpha really should do some screening before the pay for and publish a article like this. Not only is it inaccurate, but it 100% political and has nothing to do with quality of either Boeing or Cat as an investment. It really sounds a lot like something that "Occupy Wallstreet" came up with.
    Jun 3 01:22 PM | 2 Likes Like |Link to Comment
  • Microsoft Makes A Key Move [View article]
    I agree with the author. Part of the reason why Microsoft looks so lame to an outsider is that their consumer products are not cutting edge. Balmer developed the cash cow, Servers and Business software, at the expense of consumer products. You can't argue with the companies bottom line, it has been good since Balmer. I think XBox One is a great start to develop a Microsoft consumer "Ecosystem". Microsoft needs to integrate everything the consumer owns: TV, Video recording, Smart phone, gaming, home management, tablets, laptops and desktop. The desktop/laptop may not be cutting edge, but it is here to stay. You can't replace a desktop or a high end laptop with a tablet when you are doing real work. No gimmicks (eg Google Glasses), just a tight, seamless system of all consumer systems. The leverage will be huge.
    Feb 24 01:59 PM | 1 Like Like |Link to Comment
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