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Philip Marlowe

Philip Marlowe
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  • Super Micro Computer beats by $0.08, beats on revenue [View news story]
    Furthermore, Supermicro forward guidance beats on revenue and EPS. Beats across the board for SMCI!

    The fact that SMCI showed 43% organic growth (no acquisitions!) while the entire x86 server growth was only around 10% shows SMCI has a big competitive advantage.

    But did SMCI have to give up margins to achieve their amazing 43% growth? Apparently not, because margins grew sequentially and yoy.
    Oct 21 04:46 PM | Likes Like |Link to Comment
  • China Q3 GDP slows to 7.3% [View news story]
    "China GDP GROWTH slows to 7.3." You dropped an important word there. By the way, if these numbers are correct, the situation is not bad at all. GDP growth is bound to slow down as GDP becomes larger. As Brlanger mentioned above, 7.3 growth for a country as huge as China is still impressive. If that number is accurate.
    Oct 21 04:00 AM | Likes Like |Link to Comment
  • Cirrus, Avago, Skyworks, RF Micro, NXP gain following Apple's earnings [View news story]
    Furthermore, INVN +1.2% AH. Synaptics strangely is unchanged. Perhaps investors have not yet realized that SYNA is an apple supplier. Great news for the Apple suppliers overall.

    Also, if you are looking for another stealth apple supplier other than SYNA (i.e., one the market does not yet recognize as an apple supplier), check out ASX. They package the major chips for the iphone.

    Long AVGO, SWKS, SYNA, INVN, ASX.
    Oct 20 07:36 PM | Likes Like |Link to Comment
  • Lower oil prices could provide $1T global stimulus [View news story]
    This is all good news, although the AAA data point is very misleading. Yes, people paid less for gasoline than on the 4th of july, but people buy much less gasoline than on the fourth of july. The fourth of july is one of the biggest if not the biggest driving day of the year.

    But lower gas prices will put more money in people's pockets and they should cause most other consumer goods prices to fall as well. Most consumer good prices depend on the price of fuel in one way or another. This is especially true for food.

    But the fed has to respond with looser policy, otherwise we will get the dreaded deflation and the associated deflationary business stagnation.
    Oct 18 10:50 AM | 1 Like Like |Link to Comment
  • New streamers a boost in case for CMCSA-TWC merger approval [View news story]
    Not true. Sure they are forced to invest in servers but they are not really forced to invest in anything that will increase the overall speed of the internet. They can (and usually do) just add more data to the same pipes.

    Furthermore, the original statement was "Consumers are expected to have more broadband options outside of traditional cable/telco in the near future with streaming proliferating." In other words it suggested that consumers would have more internet access options. Broadband is a type of internet access. So the original statement was in fact referring to the last mile. And there is nothing to suggest that adding a streaming service will provide a consumer with more internet options.
    Oct 18 10:38 AM | Likes Like |Link to Comment
  • New streamers a boost in case for CMCSA-TWC merger approval [View news story]
    That makes no sense. Proliferating streaming, does not give consumers more options as to internet access. This is a total non-sequitur.
    Oct 17 02:56 PM | Likes Like |Link to Comment
  • Apple unveils iPad Air 2; thinner design, Touch ID, less glare [View news story]
    Does the air 2 support 802.11 ac wifi? Anyone know?
    Oct 16 02:00 PM | Likes Like |Link to Comment
  • CAI International: Strong Long-Term Growth Potential [View article]
    CAP is a great idea at a forward P/E of 6.5 with growing revenues.

    One thing that you did not mention is that China's latest trade figures show that regardless of the much talked about uncertainty in the global economy, international trade is increasing.
    Oct 15 05:23 PM | Likes Like |Link to Comment
  • CAI International: Strong Long-Term Growth Potential [View article]
    When were those comments from management? Last time I remember management mention new capital was over a year ago. I have a feeling the new capital was burned pretty badly last year and this past year as leasing rates were relatively low.

    Furthermore, established players like CAP have an advantage because container leasing depends a lot on infrastructure. If you can lease and accept returns at multiple ports around the world, that is a very significant advantage. New players do not have that ability unless they have CAP or another one of the established lessors manage their boxes for them.
    Oct 15 05:19 PM | Likes Like |Link to Comment
  • Zhone EPS of -$0.08 [View news story]
    Try an EPS of (0.08).
    Oct 15 04:20 PM | Likes Like |Link to Comment
  • Online video upstarts talk bold [View news story]
    CCUR is a nice small cap bet that is highly leveraged to online video.
    Oct 15 02:12 PM | Likes Like |Link to Comment
  • Lockheed claims breakthrough on fusion energy project [View news story]
    Sounds exciting, but unfortunately after carefully reading the article my level of excitement has decreased. Lockheed is looking for partners in academia and industry, which means they do not wish to pay for further development. If they had something this valuable and they were sure it would work, they would not be looking to share their technology with others. Lockheed has enough money to bring a project to a completion.

    I am afraid what is happening is the project is becoming too expensive and not that certain to succeed and Lockheed management does not want to pay for it anymore. So they are looking for other people to pick up the tab.
    Oct 15 01:24 PM | Likes Like |Link to Comment
  • Qualcomm to buy U.K.'s CSR for $2.5B [View news story]
    Qualcomm CEO Steven Mollenkopf was heard saying: "Suck it, Microchip! Thanks for lowering the price for us."
    Oct 15 12:18 PM | Likes Like |Link to Comment
  • Intel talks server demand and mobile profits on CC; AMD and MU higher [View news story]
    Intel also addressed Microchip in the QA session. Someone asked management about MCHP, and management said that after hearing the MCHP news they double checked and triple checked channel inventories but did not see anything unusual.
    Oct 14 07:10 PM | 4 Likes Like |Link to Comment
  • Refiners to Obama: Keep renewable fuel quotas down [View news story]
    This is one of the very few issues where environmentalists agree with refiners. Corn ethanol is bad for the environment.
    Oct 14 07:03 PM | 4 Likes Like |Link to Comment
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