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BostonRob

BostonRob
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  • The Day I Sold Everything [View article]
    You cannot make any money by not being in the market. Buy good companies and capture the dividends. Just look at how many people sold at the bottom in 2009 and stayed out of the past five year bull market. If you don't invest you won't make money and yes there is risk but you will otherwise spend your principle. The no risk interest rate is almost zero. Hope u have enough to survive on no income for rest of your life as u might just miss a down draft but over the next ten years you will become poor.
    Aug 3 07:51 PM | 2 Likes Like |Link to Comment
  • Will Apple And A Weak Management Take Nuance Down? [View article]
    I agree on the Siri comment that Apple will replace them but i do not think that they make much money from that and it is a PR opp rather then an earnings opp. I have done business w Apple procurement and u never make any money with them as a supplier. As far as the auto world goes, I agree its a huge market and NUAN should be able to capture huge share but they have the wrong CEO who does not know how to organically grow the business and can only spend money and incur debt as part of a serial acquirer. It is time for Icahn to put an end to Paul Ricci's reign as CEO of NUAN.
    Apr 1 10:13 PM | Likes Like |Link to Comment
  • Will Apple And A Weak Management Take Nuance Down? [View article]
    no Bret Icahn and David Schechter are not old cronies of Ricci's - they are appointed by Carl Icahn who owns 19.9% of the stock or 60 million shares. The rest of the 11 Directors - 8 not including Ricci himself are old cronies of Riccci's and have been on his board since NUAN was put together in 2000. The do not own stock anymore of size (Warburg sold all its stock over a year ago and Janeway is a buddy of Ricci's). The only way to fix the shareholder value quotient to have Icahn reset the board and then get rid of Ricci, otherwise the shareholders are in for more of the same of Paul Ricci lining his own pockets while the shareholders, the employees and the company suffers quietly.
    Apr 1 10:13 PM | 1 Like Like |Link to Comment
  • Will Apple And A Weak Management Take Nuance Down? [View article]
    Its simple - it must be another institution building a position as it goes up even when the market goes down. Icahn cannot buy more shares due to the standstill. Hopefully we get another 15% holder who together with Icahn can vote out the board with a new slate of directors then fire Paul Ricci as CEO and bring in someone who will act for shareholders not himself with hefty pay packages and private jets as he lives on the other side of the country from where the company is headquartered. There was another guy who did this who was also on the 10 worst CEO's of 2013 as Ricci is - his name was Ron Johnson and he used to work at JC Penny - the word being USED - need Paul Ricci to be in the same tense as Ron.
    Apr 1 10:13 PM | 1 Like Like |Link to Comment
  • Will Apple And A Weak Management Take Nuance Down? [View article]
    Actually if u look at the 13(d) filings with the SEC his cost at purchase starting last august was $14 and then when it dipped down into the $13's he bought some more to increase his position to 60mm shares or 19.9% which is the most that he is allowed to purchase until Aug 2014 according the standstill agreement he filed that is on file with the SEC on its edgar site as an 8-K filing last august. If u have different info then what is on file with the SEC pls share? Otherwise..
    Apr 1 10:12 PM | 1 Like Like |Link to Comment
  • Will Apple And A Weak Management Take Nuance Down? [View article]
    Over the past three years Nuance has spent over $2 billion in acquisitions and recognized only a $200 million increase in revenues in 2013 over 2012. EBITDA continues to decline 15% in 2013 over 2012 and 20% in Q1 2014 vs Q1 2013. In light of these missteps the CEO Paul Ricci continues to reap large paychecks - over $1.1 million in 2013, including a $300,000 bonus plus reimbursement of $226,000 in expenses that includes use of a private jet. Over the past three years Paul Ricci has received total compensation of over $87 million. There has also been a lot of churn in senior management - a new head of sales and now searching for a new head of its largest business unit - healthcare. This reminds me of when Carly Fiorina from HP blamed all around her except herself. She was fired shortly thereafter. The buck ultimately stops at the CEO and Ricci has dismally failed shareholders. Now that Icahn owns 20% or almost $1 billion in stock its time for some real activism from his two board positions. They need to get rid of Ricci as CEO and get someone who will build shareholder value without just lining his own pockets. The rest of the Board other then the Icahn designees own no real stock positions and have been on the board since 2000. They sure seem to be pals of Ricci and are representing him and not the shareholders. We are all hoping that the Icahn representative can make some real changes and find a great operational CEO and new board members that are not entrenched with a long time CEO who has not delivered for shareholders.
    Apr 1 09:45 AM | 1 Like Like |Link to Comment
  • Will Apple And A Weak Management Take Nuance Down? [View article]
    I totally agree but Icahn has bought his stock at an average of around $14 a share and not $20 a share. He owns just shy of 20% and is prevented from buying more for almost another year. Ricci corralled Icahn appointing two of his designees to the Board. the board has 11 people on it an all but the Icahn designees are old cronies of Ricci the CEO from the beginning of the company in 2000. Even Warburg Pincus representative Bill Janeway has sold all his stock - its time for the activist to activate and change the CEO to someone who will represent shareholders and not the CEO.
    Apr 1 09:45 AM | 1 Like Like |Link to Comment
  • Will Apple And A Weak Management Take Nuance Down? [View article]
    I think that the Nina customer service product could be a game changer to the call center world. There are over 10 million customer service representative across the world providing services to some of the largest telecom, financial services and technology companies that spend over $200 billion per year just on labor and another $50 billion on technology. Nina could become the leader in automated customer support and generate hundreds of millions dollars of revenue for Nuance on a conservative basis. its time for Nuance to innovate and create like Apple and stop its serial acquisition program. Integrate and use what they have and become a most admired company for innovation. That's how u build shareholder value!
    Apr 1 09:44 AM | 1 Like Like |Link to Comment
  • Will Apple And A Weak Management Take Nuance Down? [View article]
    The revenue and margins from Apple must be low as Apple is known to be the shruddest negotiator in the market. I think that the healthcare business and EHR market could be HUGE for NUAN. The healthcare industry is still plagued by old systems that are not integrated. Just look at the flailings Healthcare.gov roll out. The healthcare, health insurance and hospital market should be a massive market for Nuance is managed properly. Just look at what AthenaHealth has done in a small niche part of the market and created a $6 billion market cap in this space alone. NUAN has great products but horrible management and an ineffective Board (except for the Icahn reps). Its time to change the CEO and bring in some who can innovate and operate in the best interest of the shareholders.
    Apr 1 09:43 AM | Likes Like |Link to Comment
  • Nuance's healthcare division chief leaving [View news story]
    Also Paul Ricci needs to go.
    Mar 24 08:20 AM | 1 Like Like |Link to Comment
  • Apple suppliers, Nasdaq futures sell off AH [View news story]
    The sell off is an over reaction - the market is still the best place to invest your money. Apple has one of the best brands in the world. Wait until the China mobile deals gets into full swing and Carl Ichan convinces them to use some of their cash hoard to increase shareholder value. The Apple stock sb north of $600 a share.
    Jan 27 07:47 PM | 1 Like Like |Link to Comment
  • Linn Energy (LINE) -9.9% premarket after saying the SEC has opened an informal inquiry into its financial disclosures and its pending merger with Berry Petroleum, its use of non-GAAP financial measures relayed to investors and its hedging strategy. The SEC action comes amid scrutiny from financial media and research firms into the driller's financial health. LNCO -12.3%, BRY -6.8%[View news story]
    I have to believe that given the press already by Barrons on the hedging issue that the company's external audit firm has taken a very close look at this issue and gotten comfortable. It is also customary for the SEC to take a look at disclosure on pending acquisitions. Like so many issues the shorts and quick traders will take advantage of this disclosure in the very short term. Once this get resolved the business fundamentals will drive the company once again and see a return to respective value on the equity.
    Jul 2 09:22 AM | 4 Likes Like |Link to Comment
  • Avoid These 5 Dividend Monsters [View article]
    i totally agree with your picks of bad dividend yielders. I would also add Portugal Tel (PT) and Pitney Bowes (PBI) to your list. It is like they keep giving head fakes
    Jun 2 08:12 AM | Likes Like |Link to Comment
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