Seeking Alpha


Send Message
View as an RSS Feed
View Jacob09481's Comments BY TICKER:
Latest  |  Highest rated
  • BofI Pops: Post-Earnings Analysis [View article]
    I am a firm believer in internet banking in general, and BOFI in particular, but I still sold off my position in BOFI entirely back in September (at a tidy profit) because I felt the stock had far exceeded its true value. I still feel that way. The fact that these folks were able to pull this quarter off speaks volumes about their ability to spot trends early and take advantage, but I wouldn't invest at 3x book even if Warren Buffett was running the company. I just don't see how they can grow book quickly enough to justify the price, money just doesn't move that fast in retail banking. If they can't, there will be a dip even worse than the ~15% it dropped pre-earnings this quarter. When it does, if the story looks the same, I'll be back in with both feet.
    Nov 6 11:56 AM | Likes Like |Link to Comment
  • Microsoft beats estimates, shares rise [View news story]
    Love it. Makes up for my IBM miss.
    Oct 24 04:16 PM | 4 Likes Like |Link to Comment
  • Does Microsoft Get The Message Yet? [View article]
    I could understand developing Windows RT as a hedge against Intel not getting their head in the game and making a mobile-ready chip. I could even understand going ahead with making the device just in case that chip ended up a piece of trash. But nearly a billion write-down over it? Very disappointing, but more or less par for the course under Ballmer.

    And yet I'm still long MSFT. Says a lot about their structural advantages that the company is still a cash machine even with Ballmer at the helm. I'll pick up more if it drops below $30.
    Jul 19 04:50 PM | 3 Likes Like |Link to Comment
  • Nokia's Turnaround Underway As Lumia 521 Sells Out In Wal-Mart [View article]
    You expect to find a helpful and knowledgeable sales force at WalMart?
    May 7 12:34 PM | 27 Likes Like |Link to Comment
  • My 'Young Investor' Portfolio And Why It Works For Me [View article]
    I'm in my early 30s, so I might be a bit older than your target audience, but my core portfolio looks very similar to yours. Long GE & INTC, but I have BOFI instead of EBAY as my pure growth play.

    I'm curious, did you intend to stick with only tech and energy firms when you began investing? I ask because my strategy has been to stick with stocks that I can understand, from their product to their business plan to their their customers, and this has lead me to be very heavily-weighted towards tech and financials.

    Great article, look forward to more!
    Apr 24 12:35 PM | Likes Like |Link to Comment
  • Microsoft, Cisco And Apple: The New Generation Of Dividend Champions [View article]
    A 25%+ dividend boost by AAPL would send a strong signal to investors that it is embracing its new role as a value company. Failing to do so will tell investors that it still thinks it's a disruptive innovator, and that with the next blockbuster on the way they don't need to pay out a bigger dividend.

    The two are not mutually exclusive, but I get the impression that AAPL's corporate culture views it as such.
    Apr 23 12:37 PM | Likes Like |Link to Comment
  • There Is Nothing Rotten About This Apple [View article]
    Agreed on consumer wireless ecosystems, I've left behind iOS for WP8 phone and Android tablet with nary a hiccup. Enterprise ecosystems are another beast however; look at how long BBRY has held on despite having (imo) a vastly inferior product. (disclaimer: long MSFT, NOK)

    AAPL will be a great value play once Cook & Co. decide to acknowledge that their shareholders exist and start returning some value. That day is not here yet, and I don't expect to hear it in this quarter's earnings report.
    Apr 23 08:44 AM | 1 Like Like |Link to Comment
  • Microsoft, Cisco And Apple: The New Generation Of Dividend Champions [View article]
    I agree with you that all three techs are great value picks, but why buy now when you could get them at an even greater value later? I'm long MSFT now since I see a lot more upside coming with Windows Blue and the new XBox, but I don't think AAPL is done falling yet. It probably won't stop until it either releases another blockbuster product, or does something for shareholders with all that cash.
    Apr 23 08:26 AM | Likes Like |Link to Comment
  • Nokia: There Is No Need To Panic [View article]
    Why do investors ever start selling? They don't understand the company beyond the big numbers on the front page, they panic, and would rather cut their losses early and jump on the next hot new turnaround story. I'm not convinced that all the more panicky folks have left yet, so I see more downside as a distinct possibility before things start looking rosier.

    If I'm wrong and it turns around quicker, that's fine, I'd like to see that 5% of my portfolio out of the red. If not, I'll buy it up closer to the bottom.
    Apr 18 02:02 PM | Likes Like |Link to Comment
  • Nokia: There Is No Need To Panic [View article]
    I'm a happy Lumia user myself, and while I believe NOK's long-term signs are positive, I can't stomach putting more than a small fraction of my portfolio into such a risky company without a more certain feeling that this is actually the bottom. We'll see how this quarter shapes up, but I'd rather buy at the sub-$3/share the company will end up at if next quarter shows the same mixed-positive trends as today. Let the bears have their day, I'll add to my position later.
    Apr 18 10:12 AM | 4 Likes Like |Link to Comment
  • Gartner Indicates That MSFT May Be In Some Serious Trouble [View article]
    I'd like to think I'm a good example of your typical "post-PC" consumer. In 2010, I bought an iPad instead of upgrading my aging computer. Then in 2012, I bought a new computer instead of upgrading my aging iPad.

    The death of the PC is greatly exaggerated. Long MSFT, INTC.
    Apr 6 08:13 AM | 6 Likes Like |Link to Comment
  • Did Google Just Kill RSS? [View article]
    Great analysis regarding Google's likely decision-making process, however, I'm not so certain this is the death knell for RSS itself. Quick status updates from Facebook and Twitter aren't the same flavors of content that RSS helped; RSS is all about longer-form content, specifically blogs and news. There isn't a single dominant player in this field, so there is demand for an aggregator, so that folks with a long list of blogs they check daily don't have to check dozens of individual sites each day.

    It's sad that Google's wonderful service is coming to an end, but there will be others. If not from one of the big guys, then at least from a startup.
    Mar 15 08:55 AM | Likes Like |Link to Comment
  • Microsoft Positioned For Unrivaled Enterprise Ecosystem [View article]
    It's not hard. I'm a rank amateur, and I have a similar set-up: Xbox 360 with Hulu and Netflix, Win8 PC, WP8. No Win8 tablet yet, as I still have a 1st gen iPad that I've passed on to my toddler. Additionally, we use the Xbox's Video Kinect as our default video chat platform, which Microsoft swears will be integrated with Skype "soon".

    How well this has worked for us was a big factor in us becoming MSFT shareholders when the price bottomed out last fall.
    Mar 11 03:02 PM | 3 Likes Like |Link to Comment