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  • Gilead Sciences: 5 Different Insiders Have Sold Shares This Year  [View article]
    I will continue to add on any GILD dips. $69 fair value? I would back the truck up on GILD on any pull back to $69.

    Also price targets are incredibly inaccurate and misleading. What is important is valuation based on projected revenue and free cash flow.

    Let us know how your short works out!
    Feb 14, 2014. 02:45 PM | 1 Like Like |Link to Comment
  • Recent Sale: Intel Corporation  [View article]
    I am a dividend growth investor as well and I recently (within the last two weeks) closed out my position as well. However, I disagree with your portion of your statement, "a lack of respect for the investors." Intel stated during conference calls that they were going to focus on R&D, CAPEX, and dividends in that order. Dividends would remain at 40% of FCF. Intel stated their policy and maintained it. So I don't believe they showed a lack of respect towards investors. Lowering the dividend or changing the FCF policy would have been a sho of disrespect.

    Best wishes.

    PS, What do you plan to replace Intel's portion of your portfolio with? I have been superficially looking at GE, UNP, WFC, JNJ, and DOW.
    Jan 26, 2014. 08:56 AM | 5 Likes Like |Link to Comment
  • Time To Sell Some Intel Stock  [View article]
    You can never be faulted for taking a bit of a profit. Particularly when a large blue chip has a big run up as Intel has had in the last 2 weeks or so.

    If it continues to go up, you are still invested. If it retreats, you can buy in with your previous profit at a lower price. Its really a win/win situation.
    Jan 16, 2014. 08:22 AM | 1 Like Like |Link to Comment
  • 7 Reasons Why Ford Is My Favorite Long  [View article]
    GM just announced a $0.30 quarterly dividend after hours.

    Perhaps they will turn into a dividend grower like F.
    Jan 14, 2014. 08:29 PM | Likes Like |Link to Comment
  • 7 Reasons Why Ford Is My Favorite Long  [View article]
    I like Ford as well. Went Long at the recent $15.30 mark. Great dividend vehicle, low P/E, pent up demand, Europe bottoming. Lots of tail winds for Ford.

    GM may see a similar to Ford's dividend growth story now that the Government has been bought out.

    Frankly, I invested half of that designated portion of my portfolio in both GM/F instead of all into one of the two.
    Jan 13, 2014. 09:36 PM | 3 Likes Like |Link to Comment
  • Apple's A8 -- What It Will Be And Why It Matters  [View article]
    J.M. -
    I have a degree in finance and a job in technology and I am almost assuredly less qualified to discern the capabilities of chip micro-architecture, design, and TDP. However, from following Intel, Apple, and QualComm, I know there is a power, performance, and capabilities trade off for CPU/GPU/SoC components.

    All things being equal, as the process nodes get smaller 28nm to 20nm to 16nm etc the chip designers can either scale down power requirements while maintaining the same performance or scale up performance while maintaining the same power draw or TDP levels. Of course none of that matters unless the chip manufacturer can produces high yields at that node, with low defect numbers, and the amount of "leakage" is minimal. Leakage being the amount of electrons that escape without being utilized by the chip. Leakage would be another power efficiency concern.

    There would have to be another pretty big breakthrough in their micro-architecture or gains at the 20nm node to get to where you are talking about Haswell CPU performance and Ivy Bridge GPU performance.

    I wonder if Apple is going to approach their design similarly to Intel where they change the micro-architecture one year and change the process node the next year. Or if that is not required because they begin the design process with an ARMH design and outsource the manufacturing to another company allowing Apple to redesign at each iteration.
    Jan 11, 2014. 09:09 AM | 2 Likes Like |Link to Comment
  • Apple's A8 -- What It Will Be And Why It Matters  [View article]
    @J. M. Manness,
    Appreciate the article. I found it very informative. You made the info easy to understand.

    You did not talk about TDP, power draw, or thermal characteristics.

    I don't think they can scale up as much as you say without exceeding optimal power efficiency.

    You are stating that the A8 will get Haswell laptop CPU performance and Ivy Bridge GPU performance with a tablet power envelope, and I think that might be a bridge to far at that process node. 14nm or smaller maybe, but I don't think they will squeeze out that performance on 20nm planar.

    What are your thoughts on power?
    Jan 10, 2014. 04:56 PM | 10 Likes Like |Link to Comment
  • Intel's Merrifield Looks Dead On Arrival  [View article]
    I can appreciate what you are saying. High paying dividend stocks have been a good substitute for bonds in the hunt for yield recently. But I would caution you to remember that stocks are still stocks and are more risky than bonds (99.9% of the time).

    Portfolio asset allocation is critical for long term performance.

    Good luck with your INTC investment!
    Jan 9, 2014. 11:43 PM | Likes Like |Link to Comment
  • Intel Needs To Deliver Next Week  [View article]
    The "bean counter approach" is called a financial analysis. They should be conducted on all stocks before purchase. This includes Amazon and Intel.

    However, that doesn't mean the same metrics are used because they are different companies providing different products and services in different industries.

    There are two broad reasons to invest in individual securities:
    1. You plan to sell the security at a higher amount than purchase price. You receive no cash from the company while holding the stock (Amazon). You're only chance at making a profit is determined by someone valuing the company's share price at an amount that was higher than when you purchased it. Valuation methods can include FCF, ROIC, ROE, P/E etc. However at some point in time for all high flyers, valuations contract and begin to return to the mean. So ensure you are ahead of the crowd when that happens or returns will be less than the broader market.

    2. You receive a dividend. The dividend is consistent in its payout date and amount. The company can be relied upon to annually raise its dividend in accordance with its growth rate and growth prospects. At sometime in the future, the shareholder would like to sell the stock at a price higher than when it was purchased. The future price of the company's stock can be extrapolated with reasonable accuracy by its dividend payouts and dividend growth rate. DGM, FCF, ROIC, ROE, P/E still apply but can be used with a bit more certainty.
    Jan 8, 2014. 10:32 AM | 1 Like Like |Link to Comment
  • Intel: Supporting Hybrid Dual OS Tablets Is A Brilliant Strategy  [View article]
    This is not a phone. Its a laptop/tablet device.
    Jan 7, 2014. 11:23 AM | 1 Like Like |Link to Comment
  • Intel: Supporting Hybrid Dual OS Tablets Is A Brilliant Strategy  [View article]
    There is plenty of free VM software available. Android is also free. There is no extra monetary cost to do this. The question is whether running android over a VM is going to consume to much hardware resources and make the device slower or underperforming.

    Also this is not for phones, this is for tablets and PCs.

    The ASUS dual boot is running an I3 at a minimum and is a 13.3 inch laptop/tablet. Using an I core device is telling me they are trying to compensate for the VM resource tax.
    Jan 7, 2014. 11:22 AM | 1 Like Like |Link to Comment
  • Intel: Supporting Hybrid Dual OS Tablets Is A Brilliant Strategy  [View article]
    Agreed. However since this is something they are promoting, perhaps they have optimized the VM software and the OS for this purpose.
    Jan 6, 2014. 04:08 PM | 1 Like Like |Link to Comment
  • Intel: Supporting Hybrid Dual OS Tablets Is A Brilliant Strategy  [View article]
    That is my understanding as well. Its a VM running Android on top of windows. The ASUS dual O/S is supporting an I7 according to CNET.
    Jan 6, 2014. 04:04 PM | Likes Like |Link to Comment
  • Intel Better Impress At CES  [View article]
    I am with you. NVIDIA is best at power points.

    No mention in the articles I read about thermal performance, design wins, or anything else. If the chip isn't ready to go when the OEMs are ready to release their phones you will see a repeat of the TEGRA 4.

    Why is it different this time?

    Also, if Intel needs a 14nm chip Cherry Trail to compete with the 28 planar from NVIDIA/TSMC then Intel has no manufacturing edge for mobile chips and every other article the author has written about Intel manufacturing is rubbish.
    Jan 6, 2014. 08:12 AM | 6 Likes Like |Link to Comment
  • Expect An Upside Surprise From Intel On January 15th  [View article]
    Intel's previous CEO stated that the dividend would be roughly 40% of FCF. Don't expect a raise until the dividend is under the 40% of FCF.
    Jan 3, 2014. 02:53 PM | 1 Like Like |Link to Comment