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  • Can Apple's Earnings Put Fears To Rest? [View article]
    Dear Mr. Trefis: Obviously you know your business. But, my point is not only you ( many other critics of iphones) is that the iphone is total value of iphone includes the app store. Does MSFT and the related consortium of companies can claim the advantages of Apple's app stores? In the morning I remember the alarm clock will go on the first news will the temperature. I do not need WINS radio any more because I have my iphone. I even know the temperature in Helsinki. Does SAMSUNG's smartphone offer the app store ( I know they offer something).
    Jan 18 10:56 AM | 3 Likes Like |Link to Comment
  • Apple's Valuation Is Good, But Are The Assumptions Correct? [View article]
    ajax2000: the guy did not miss a "boat" he missed the "SHIP".
    Apr 14 07:03 PM | 3 Likes Like |Link to Comment
  • Apple's Valuation Is Good, But Are The Assumptions Correct? [View article]
    Kirk, Kirk: you remind of a story about when Columbus returned home from the newly discovered continent, a fellow sailor instigated the queen to challenge Columbus to make an egg stand on one end and Columbus agreed but he challenged others to do it first and they all failed one after another and ultimately it was Columbus turn and he slightly broke the shell so the end was flat and made the egg stand up on that end. When Columbus was finished everybody clamored that they did not know that the shell could be broken, and etc. When Apple was thinking about this god forsaken iphone, there was talk that Apple might have to own the towers and the carriers demanded that Apple gave them more and the rst is story (history ). I am sure when God created Earth other Gods said Oh! is that what you wanted!
    Apr 14 07:01 PM | 3 Likes Like |Link to Comment
  • Analyst Revisions For Apple: Growth And More Growth [View article]
    Has anybody looked at the accumulated earnings of AMZN since it was born vs. AMZN's market cap and made any sense of it?
    Mar 27 12:36 PM | 3 Likes Like |Link to Comment
  • Mr. Market And Chesapeake's Monetization Plans [View article]
    I have never used this to describe anything, but CHK is a dead duck. Otherwise why should it retrace from near $35 to where it is now???
    Feb 13 04:57 PM | 3 Likes Like |Link to Comment
  • Amazon Vs. Apple: Competition Continues Among Investors [View article]
    I have the following to say as I read this carefully composed presentation:

    I am not too much concerned about the growth rate in sales you said but just how did you come up with the growth rate in eps? Is this only for last 12 months? This concerns me because Amzn does not have good eps statistics to be proud of.

    Second and probably the last point- AMZN's playing with the long term phrase, it has been operating since 1997 (almost the same time AAPL started on its Odyssey) and whatever investments it made have not so far translated into more eps ( between $2.00-$3.00), these investments have been properly accounted for as "plants, etc." and do not impact on the gross margin and negatively impact on eps. In other words it is not very clear why these past investments have not been accretive to eps and the investors have to look forward to time to come! It is not at all understandable how "time" figures so importantly in justifying the P/E of AMZN and how do I go about using Graham, Dodd and Kottle or other relevant Theory of Finance devoted to evaluating "securities" to say that a company in existence for 15 years unable to establish any pattern in growth of eps , recently showing eps<3.00 should be valued at more than $40.00.
    Putting on market a device ( Kindle groups) capable of retrieving information from inventory catalog does not make AMZN a technical
    company (albeit being a technical horseman according to Mr. Cramer of CNBC sometime ago ). A retailer communicates with the consumers via discount, free delivery offers and does not influence demands for its goodies by making the ordering process easy, which is achieved by Kindle products. Demand is price elastic, the good old PQ diagram. AMZN could never influence (command ) consumer loyalty if its price is not competitive and is has to compete with the Walmarts and Targets and the consumers won't mind taking a little drive if some money can be saved.
    It really does not bother me that investors see value in AMZN that exceeds the values they accord to Walmart or Tiffany but as a rational investor occasionally I get wrapped up in this kind fallacy (it is called overbought or overvalued ) and break my head against the wall. Please forgive if I have offended you.
    Dec 29 12:22 PM | 3 Likes Like |Link to Comment
  • Don't Hold Your Breath For BofA Shares To Spike [View article]
    Brian Wilson: I am sure you know of the settlement of the "racism" charge between US and B of A that was announced on December 21st.

    Besides, this has been the most non informative piece I have read in a looong time.
    Dec 22 10:38 AM | 3 Likes Like |Link to Comment
  • An Open Letter To Tim Cook, CEO Of Apple Incorporated [View article]
    I think the letter should have asked if the Board of Directors paying enough attention to maximize shareholders' wealth. If so, then what are the steps taken by or being planned by Apple? Rest is mute.
    Dec 8 11:11 AM | 3 Likes Like |Link to Comment
  • Apple Not A Buy-And-Hold Investment? That's News To Me [View article]
    try to imagine that you were there when IBM started, what did someone like Salmon think? it will not be there in 2011? when GE started, after it built its first turbine, what product might be next for GE? As Mr. Salmon himself noted what happened after ipod , nobody saw iphone coming! Dear Mr. Salmon! that is how things evolve! we ask ourselves " can it last for ever"! and lo and behold! lot of lives depend on a company, not only Apple but usually any company- it is the people that make a company, it is the perpetuity, on going basis that gives any company its value, now the value may fluctuate, ( go through the price history of IBM, GE) the value does not remain constant and also, an aware Board always has eyes open for changing business atmosphere and directs the company through product developments, diversification, etc. So, even if Apple is alive and kicking and you will be there to see you may be surprised to see the future Apple and how much it would look like the Apple of 2011.
    Dec 6 04:44 PM | 3 Likes Like |Link to Comment
  • Bank Of America: About $6 Of Downside And $24 Of Upside [View article]
    PotSmokr420: I do not know how to start-people say market is efficient, the value reflects all the news at that point in time but here people do not care for data points, they do not peruse through important documents, just proclaim the doomsday and there you are. Obviously you are right and you should not be. The market is supposed to be rational and not Blodget or shortsellers dreamfield. In your market Truth does not prevail! The head huncho of B of A described his banks condition and nobody believes him, what that poor guy supposed to do!
    Aug 24 10:18 AM | 3 Likes Like |Link to Comment
  • Netflix, Apple and How Tech Companies Return Capital to Investors [View article]
    .The author has taken some pains to gather data for quite a few companies about a very insignificant aspect of how the management operates - to maximize shareholders wealth. The best way ( I mean the management is elected by the shareholders ) is to be profitable and leave the valuation to the market. No management uses the return of capital as viable means to maximize shareholders wealth, I mean IT IS NOT.

    The fact that NFLX has returned a lot of capital at this stage does not mean the management is doggone sure that NFLX share price is flawless and means only that return to shareholders thru share purchase is better than reinvesting in company's business when it needs a lot of capital for its planned international expansion, and also who are the shareholders that sold their shares- it could be the management, which in this case would be insider transactions and may be a leading indicator of the company's future.

    Does the author know what is the p/e of AAPL with the so called cash and equivalents hoard considered. This is the first time I read anybody's comment about why AAPL is hoarding the cash. Even without assigning any growth its valuation is no better that a dog in the market.
    . The question arises who paid this guy for this piece?
    May 8 06:14 PM | 3 Likes Like |Link to Comment
  • Things I Would Do if I Were Apple CEO Steve Jobs [View article]
    First, I did not know that GOOG sales smartphone and has that much market share. What I know is that there are a few smartphone manufacturers that use DROID, a software of GOOG. Second, the chart is confined to presentation of US data but AAPL sees the whole world in his hand whereas I do not hear other companies has that kind of exposure. Third, have you seen how a train loads up, single file and limited number of entries. I think having a sole distributor (in addition to APPLE stores) enhanced the charm and mystic of iphone, you know, vs. other phones that looked common place, You know now Apple is having Verizon. No, I would not do anything different in this respect. .About buying NFLX-I won't say anything like are you drunk or something like that. But just think for couple of minutes- its a technological company and uses some technology to stream audio and video and pays the content providers for the privilege of distributing this to consumers. how long before other companies get wise to this and enter the market or somebody sues nflx that it has infringed on its patent, or why some tech giants like goo or aapl can not do this overnight. Some hedge funds or utual funds or big money are supporting tbis lofty share price of nflx and while many analysts will claim that AAPL is priced to perfection at (I do not know) less than 18 P/e no body has yet made any pronouncmnts that NFLX is priced for perfection and it includes the ranks of Mr. Cramer who thinks that at 210 it was but not 180. So, you buy nflx at 180 and sell at 210. But, enough of nflx. Almost same thing applies for the existence of SIRI-now days you can not buy any Automobile that does not built in SIRI radio and its free service for one year and $13/m to the obscene broadcast of the ig guy, Mr. Stern who has been retained for his service at $500 m per year. So, what is business model of SIRI- there are enough listeners of Mr. Stern's broadcasting and you and pay $13/month so Mr. Stern can get his pay. You Apple to buy that-may be there is going on under the table. Now, about messaging, let Facebook, twitter had some fun. The population will very soon be talked out. Remember Walkie-talkie! The messaging businessis probably a semiperfectly competitive market, it does not cost that much to enter the market. No, I am glad you are not going to take over Apple. I am not even touching Adobe-the issue goes without saying.
    Dec 26 01:10 PM | 3 Likes Like |Link to Comment
  • Qualcomm May Follow Apple South As iPhone Volumes Decline In 2014 And Beyond [View article]
    The comments are very thoughtful and show their authors are serous about investing and the philosophy. May be by this time Mr. M. Blair should discard his outer layer of body and show his real self, I mean it has a been long time since his assumed identity of many famous short sellers ( I think Einhorn, Trainor , Kass , Gundlach and Eassa who went as for as to say Apple is not out of the woods yet) and show what he thinks of Apple's business models and that why it has so many companies who will copy every products that Apple can come up with and the consumers like this products. I remember the analysts remark about the dimension of iPad and etc. I think it is high time for Mr. M. Blair to show us what he is really.
    Dec 7 06:03 PM | 2 Likes Like |Link to Comment
  • Bank Of America Is Breaking Out [View article]
    I know you are CFA and I am "what do I know". But here is my two cents. The value of a security is made up of capital appreciation and dividend. When the enterprise makes some money the market knows about capital appreciation and the price goes up and the dividend declaration needs Board of Directors' approval because it involves long term direction. The dividend part is uncertain, as you have many securities going up ( like AMZN, GOOG, CRM, FB, etc.) solely because the investors think they will get their moneys worth ( look what has happened to AMZN, FB, etc. ). There are many a slips between the cup and the lips. I do not know how the Fed is involved in BAC's dividend program or the impending judges resolution about the Article 77 suit. But the market knows about ( this is called the invisible hand of market) about it and BAC's dividend could stay where it is and stock would move the moment the judge's decision is known.
    Nov 26 01:11 PM | 2 Likes Like |Link to Comment
  • Bank Of America's Day Of Reckoning [View article]

    Mr. Don Dion:
    Go on writing like this and I have to stop reading your article!
    Oct 28 01:08 PM | 2 Likes Like |Link to Comment