wixeywaxy

Garmin: Poised to Stay on Top

Some of the comment in response strikes me as shallow. Garmin may have problems with the competition and margins will probably shrink but the company has a broad range of GPS products aimed at a variety of users, sports, marine, and aviation. The brand has been established and will continue to deliver revenues that can conservatively provide a good income stream. The stock is currently priced at a floor that assures a comfortable level of risk and the history of the company's quality product offerings suggest that the future may be one of continuing but more modest growth. wixeywaxy

General Electric's Rating Cut: Is it a Big Deal?

G.E. is a solid investment at anything below $10/shr even in this environment if you are owning it as a bond substitute with a long term horizon. WW

General Electric's Rating Cut: Is it a Big Deal?

G.E. is a solid investment at anything below $10/shr even in this environment if you are owning it as a bond substitute with a long term horizon. WW

GE: What's Working, What's Not

G.E. is a bond substitute if purchased for the right reasons and will mirror the economy as it is the ideal bell weather stock. I think the gloomy projections for the economy are over done and given six months we will see a much more positive outlook. There are problems with too much debt but that isn't a phenomena that started last summer. Wall St thinks the whole world is in the same shape as it is. WW

Kiss of Death: CIBC's Garmin Call

No conscious about misleading small investors may get you a few bucks in the pocket, but it will send you to the hot place in the end. I'm not so sure that even given some stock market profits you'll do so well here and now. There is a price to be paid for hurting others by dishonesty. WW

Sliding Dollar Turns U.S Into World's Discount Mall

When I was a young man a person could travel in Europe very cheaply, not now of course. My wife and I spend a couple of weeks each Fall in the Southwest, Gr. Canyon, Zion, Lk.Powell etc. Now you see mostly foreigners. Everything is reversed. It's very tough to get reservations because the travel agents book them all a year ahead and obviously find it easy sell them to these visitors. Most Americans are oblivious to the fact that our government's leaders have squandered our prosperity with their insistence on dominating the world. For a picture of how this has happened I suggest reading "Brothers" by David Talbot. WW

Skill vs. Luck in Investing

I think I follow your logic. If I do, I agree that successful investing is more an art than science. Many people who study a lot, are very intelligent, and have lots of experience still will perform only mediocre. It certainly doesn't help that they hype their talent, charge high fees or attract attention. I learned over a life time that genius is unexplainable and doesn't even necessarily co-relate with intelligence. That did surprise me and is an important reason why many people are not recognized for their gifts. WW

Margin Debt Declines Sharply

My son who is tuned to the condition of small manufacturers as a marketer of basic materials widely used tells me that he is experiencing an exceptionally slow period due to so many company's cutting back purchasing and reducing staff. That isn't showing up in the Gov't Stats but I'm inclined to think what he is finding is a significant picture of small business problems. WW

Garmin Will Recover When Tele Atlas Deal Is Done

First I'm long also and will continue holding. Garmin is a good company with excellent management and organizational culture. That said I don't agree with your scenario. The pristine balance sheet Garmin possessed is gone and the growth and margins previously enjoyed are unsustainable with the consolidated organization, therefore we will see an adjustment in the price paid for earnings. The PE will do well to hold around 25 and given the expected $3.40 for 2007 there is likely so additional downside to expect. WW

I Call "Shenanigans" on GDP!

I was taught as a young man by a wise old guy in our community that the government always lies. What is incredulous to me is that as obvious as that has become the public at large still like sheep believe (for the most part) most of what they are fed. You can't be very well informed of history or observant of your surroundings and not realize the unfortunate truth of my mentor observation. WW

"Benign" Inflation, Added Surcharges

You will get flack from those who sentiments are with big government and have no commitment to saving or making life better for their children who are at risk of having a lower standard of living. Inflation is clearly a problem. My savings are worth about one tenth of what the dollar I saved in the 1950s. Those who look to the government for their security don't have the problem because they spend their current income and escape the problem so long as they are high income earners. Unfortunately most americans can't manage to put away enough to take care of their future because every penny they are able to save is depleted by government irresponsibility. That same entity that masquerades as the security blanket for those in need. WW

Why The Fed Should Not Cut Interest Rates

The issues described in this article set the scene that existed before the first 1/2 per cent cut, so a further reduction is a bail out for the people who profited from the creation of this problem. That bail out doesn't come for free. In the end it's paid for by devaluing the savings of all the responsible persons. Think Bernake's is a captive of the Wall St insiders? We'll be sure shortly. WW

No Free Lunch: Ongoing Ramifications of An Easy Fed

The dollar decline is in truth the mirror opposite image of inflation and a true picture. If the world is flat, and it truly is, we are all here just that much poorer because our savings are worth just that much less. It points out how government is destroying our position in the world by trying to militarly dominate it and the Fed. Res is accomodating it as always. The trend of putting more investment dollars into foreign companies has only just begun because there is little hope of a real change in Washington. WW

Inflation Ex-Inflation To Be Official Fed Policy?

Curious they can reasonably exclude the vary cost that virtually no family can avoid. We are going to buy groceries even if we can't afford much else and how many are able to reduce the amount of gasoline they consume significantly? Neither of these items are the things people are able to make big changes in unless they are in sever poverty. WW

Earnings Drag the Dow Lower

I don't understand google at all. Why is it that their competiors can't match their features since they aren't all that special? It's much like Wall Mart, it was years before a Costco came along and yet there was no brain surgery in Wall Mt. operations. You'd think that anything so easy to copy would not go far. Analyst usually suggest this will happen and growth will moderate, but they aren't doing that with google. Am I missing something? WW