Seeking Alpha

lewhite

lewhite
Send Message
View as an RSS Feed
View lewhite's Comments BY TICKER:
Latest  |  Highest rated
  • Micron: Two Scenarios [View article]
    Bluesterman
    The gentleman you refer to is Sam Collins. He publishes a free email everyday and has a new stock every day. He does revisit a stock from time to time and gives trading and longer term price targets. He also comments on the markets and offers technical advice there also. Sam has had some very good situations. I enjoy reading his commentary and technical analysis. Pretty basic stuff.
    Aug 26 08:42 PM | 3 Likes Like |Link to Comment
  • Micron Technology: Upside Remains Despite Digitimes DRAM Report [View article]
    The old Samsung news aside, good work, Soid. Agree with RSA's comment above.
    Aug 23 08:18 AM | 2 Likes Like |Link to Comment
  • Cognizant Technology: A Growth Stock With A Lot Of Potential [View article]
    You'r probably right C.N.
    I feel mgt should have pre-warned about the slowing growth rate. They came across as being very incompetent, not having a good handle on their business, and very flustered on the Q and A. Even under 40, I'm not sure it is a good buy.


    n.
    Aug 6 05:37 PM | Likes Like |Link to Comment
  • Cognizant Technology: A Growth Stock With A Lot Of Potential [View article]
    Any change of thought after the lousy outlook the co. advances. One of the worst, if not the worst, conference calls I have ever heard.
    Aug 6 09:02 AM | Likes Like |Link to Comment
  • Micron: Maybe It Isn't Different This Time [View article]
    mmtache
    Probably a good time to re-enter the SNDK position. It is down prox 15% in the last couple of weeks. SNDK is the premier SSD company, and it is way ahead of MU in the enterprise business. Hence, it deserves a higher multiple. That said, MU is probably still OK and may outperform SNDK on a percentage basis. Nothing wrong with owning both.
    Aug 2 08:52 AM | 5 Likes Like |Link to Comment
  • Einhorn Continues To Greenlight Micron [View article]
    Agree with you, Fundy. Mr. mkt and Goldman give us a buying opportunity.
    Jul 31 08:53 AM | Likes Like |Link to Comment
  • Einhorn Continues To Greenlight Micron [View article]
    It would seem to me that Samsung would need more DRAM for their own consumption, seeing that they will be offering more and cheaper phones to fight the low-cost Chinese models.
    Jul 31 08:35 AM | 1 Like Like |Link to Comment
  • Einhorn Continues To Greenlight Micron [View article]
    That will do it. Any talk of adding capacity or ramps of DRAM is poison, whether true or not.
    Jul 31 08:13 AM | Likes Like |Link to Comment
  • Einhorn Continues To Greenlight Micron [View article]
    Samsung reports 1st Qtly loss in 3 years. SNDK and all tech being hit along with general mkt. However, MU is the worst of the lot. Don't have anything company specific. Bail or Buy?
    Jul 31 08:02 AM | Likes Like |Link to Comment
  • 2 Stocks That Are Much Cheaper Than They Appear [View article]
    I'm not a tax expert, but I would say yes to both. Typically, rolling down would imply a loss and up a profit. I would also mention that after a stock has had a big move (e.g. MU), it might be wise to play it with a little higher strike prices and closer expiration dates. This would generate cash reserves.
    Jul 25 08:19 AM | 1 Like Like |Link to Comment
  • 2 Stocks That Are Much Cheaper Than They Appear [View article]
    Buddy Wise
    Previous commentators are right--learning more about options and option strategies is certainly beneficial. That said, a fairly simple ( and very successful) strategy for me has been to buy deep in the money call options with 6 months or longer until expiration. Be prepared to buy more, roll down (go to a lower strike price) or both if the stock drops. As the stock rises, you can roll up (go to a higher strike price). The money received for doing this can be used to buy more calls or taken off the table.
    I try to buy calls with a delta of around .70 so that I will gain $.70 cents on every $1.00 the stock rises. By using calls in this fashion, they are truly a proxy for owning the stock. More capital is obviously required than buying out of the money calls, but you have a lot of intrinsic value and little time value as opposed to only time value with out of the money calls.
    This is a great way get involved with high priced stocks like AAPL, GOOG, PCLN, CMG, and even GILD.
    Move the position further out when you get to within 6-8 weeks of expiration.
    All of this is predicated on the fundamentals of the company remaining in tact, and the markets staying friendly. You certainly have to pay attention to technical factors as well. Good luck.
    Jul 25 07:57 AM | 2 Likes Like |Link to Comment
  • Will Micron Move Up With SanDisk? [View article]
    Maybe article should read "Will Micron move down with Sandisk"
    Jul 16 04:08 PM | 3 Likes Like |Link to Comment
  • Intel: On-Processor Chip Memory - It Can Be Done At High Margins [View article]
    I completely agree with you, Russ, on the NAND area of MU's business. After listening to Mark Durcan's (MU CEO) comments, I cut my option position in MU options by 50%. Still long some stock ($8) cost. MU's current margins on NAND are weak, and they are basically nowhere on enterprise NAND sales. Mark said it will take 4-6 quarters to get the margins to acceptable levels. Of course, that is assuming pricing remains favorable. To be fair, the outlook is very positive for NAND and shortages in supply are possible. However, if pricing turns down in any significant way, MU will be the first co. to lose money. If nothing else, certainly a warning to be careful. The stock acts great, and I hope it continues toward the $ 50 target Credit Suisse and others have.
    All this talk about memory on a processor chip makes my head spin.
    Jul 13 08:23 AM | 6 Likes Like |Link to Comment
  • My New Micron Price Targets [View article]
    William
    I believe you are exactly right. Not enough has been made of Micron's inability to compete in the NAND Enterprise market. When the company admits to problems in this area, and it mentions that it will take "quarters" to fix (4-6), you know that the trouble is serious. The real scary scenario is if prices get weak, then Micron is the first to lose money because of their low margins. Hopefully, prices will stay firm long enough for Micron to get in competitive shape. This is not a $10-$15 stock anymore, so the risks from the $32 area are much greater. That said, I am still very long Micron and think $40-$50 is certainly possible
    Jun 28 09:06 AM | 1 Like Like |Link to Comment
  • Micron Technology Earnings Preview: Margin Expansion Robust, Stock Less Undervalued [View article]
    Yes, MU reports Mon 6-23. Conference call @ 4:30pm Eastern time.
    Jun 20 05:50 PM | 1 Like Like |Link to Comment
COMMENTS STATS
162 Comments
194 Likes