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Philip Marlowe

Philip Marlowe
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  • InvenSense -12.1%; margin concerns trump strong sales guidance [View news story]
    I think this is just the shorts trying to paint the tape. I claim no ability to guess one day price movements but if I could I would be buying right now. I have already loaded the maximum amount of shares allowed under my diversification rules.
    Jan 29, 2015. 06:19 PM | 7 Likes Like |Link to Comment
  • Synaptics beats by $0.24, beats on revenue [View news story]
    Shares are now much higher. Not only did they beat but they provided excellent guidance. Very good report for SYNA.
    Jan 29, 2015. 04:39 PM | 1 Like Like |Link to Comment
  • CRUS, NXPI, SWKS, QRVO, AVGO rise on Apple's earnings [View news story]
    Another apple supplier INVN is up 1.7% AH.
    Jan 27, 2015. 06:40 PM | Likes Like |Link to Comment
  • MU, NVDA, STX, WDC hit hard by MSFT [View news story]
    I thing the market is a bit wrong to assume that weakness at microsoft means weakness at the hardware companies. It is especially puzzling with respect to intel which already provided results and guidance. Why would people try to deduce something about intel from microsoft's results when intel already reported their results?

    The main problem with Microsoft is that they are getting hit hard by Linux and Apple. The fastest growing PCs are linux chromebooks while apple rules the expensive high end PCs. At the server level Linux continues to dominate and extend their market share. But here is the thing -- both linux and apple need hardware too. So I do not see why the hardware companies should be brought down with MS.
    Jan 27, 2015. 01:25 PM | 14 Likes Like |Link to Comment
  • Manufacturing sector expands modestly in January [View news story]
    Surely what you meant to say is "Fifth district manufacturing sector expands modestly in January"
    Jan 27, 2015. 11:54 AM | Likes Like |Link to Comment
  • UBNT and ARUN lower, RKUS higher on Citi launches [View news story]
    Citi must be joking. UBNT will drive RKUS out of business in several years. They have better products at a fraction of the price.
    Jan 26, 2015. 03:09 PM | 2 Likes Like |Link to Comment
  • Skyworks Beats Q1 Estimates On iPhone Strength [View article]
    That is a very superficial analysis to put it lightly. If this the extent of your analysis before you start your shorts you will may be getting a margin call soon.

    Here is some advice:

    1. If you see a fast growing company, it is better to value it based on forward P/E than trailing P/E. Trailing P/E ends up being misleadingly conservative for a company that grows revenues by 50% and earnings by 100% yoy.

    2. If you think that the current results were because of the iphone, you should really do some research onto SWKS business. A large part of their revenues are not even mobile related. Furthermore, regarding mobile revenues -- they are in most of the phones out there. They make much more money from 4G phones but they are likely to make as much from an iphone 6 as from any other 4G phone.
    Jan 25, 2015. 10:20 PM | 4 Likes Like |Link to Comment
  • LeapFrog -21.8% on big FQ3 warning [View news story]
    This is so sad. I owned this one once. Good thing I sold. They were doing so well, but their newer products were just bad. This goes to show you that you need engineering talent to make it in this world. Marketing and product positioning is just not enough.

    They had the perfect product niche with their kids' tablets, but the product was not good enough. The tablets were too slow and buggy.
    Jan 22, 2015. 08:36 PM | Likes Like |Link to Comment
  • Skyworks Solutions beats by $0.07, beats on revenue [View news story]
    And they beat on their current quarter guidance for both revenues and EPS. And both of those beats were substantial. Skyworks delivers another quadruple beat! As usual.
    Jan 22, 2015. 04:21 PM | Likes Like |Link to Comment
  • Strong dollar just fine for L'Oreal [View news story]
    Jan 22, 2015. 10:38 AM | Likes Like |Link to Comment
  • Schlumberger to buy $1.7B stake in Eurasia Drilling [View news story]
    Wait what happened to the sanctions? I thought Obama banned investment in the Russian oil industry?
    Jan 20, 2015. 12:41 PM | Likes Like |Link to Comment
  • $3 milk next? [View news story]
    Do you rely on a job to make a living? If there is deflation, you are likely to lose your job or be forced by your employer to take less money for the same work. Perhaps you do not have a job but rely on investments for a living? If there is deflation most of your investments will go down. Stocks and commodities will go down, as will all other business investments from giant MLPs to the smallest pizza store. A lot of bonds will start going down as well because the companies that issue them will start heading towards bankruptcy.

    You will only benefit if you have most of your money in cold hard cash or maybe US bonds. If that is the case, and you don't care if the rest of America suffers, then you may be alright. Unless the rest of America suffers too much and there is a revolt.

    Seriously, read up on the great depression. Deflation is a terrible thing. And it would be a great shame to fall into deflation just because the baby boomers and their children are too lazy to read up on a little history.

    Certain simple people think "hey it will be great, prices will be lower." But they assume that everything else will be the same. I.e., they will have the same job that pays the same money. Well think again you will probably be fired. If you are not fired, you will likely be asked to take less money, and you will agree because you will be so very scared.

    If there is deflation, business investment drops off and sometimes even stops. Why risk money with the hope of uncertain profit when merely sitting on your money will generate profit? Ever investment is a risk, holding your money in a strongbox in your basement is not a risk.

    And if there is no business investment, jobs will start shrinking. People will cut their spending, there will be more job losses, and viola -- a deflationary spiral.

    This is especially dangerous nowadays, because technology is advancing very fast causing increases in efficiency and thus reasons for job cuts. We need constant growth in production and new investments to keep our jobs. Not even for job growth, just to keep the number of jobs there are in the face of ever improving technology we need constant growth.

    If there is deflation, if people get the idea not to invest but to convert most of their holdings to cash -- it is all over. Only a giant government spending program (like WWII) can save us then.

    Read up on the great depression. Everything was really cheap then. Only problem is nobody had any money.
    Jan 17, 2015. 11:42 PM | 6 Likes Like |Link to Comment
  • Schlumberger sees new tech adopted more quickly amid falling oil prices [View news story]
    This should be good for the sand producers as well. Usually the methods to squeeze more oil of the same wells involves blasting more sand into them.
    Jan 16, 2015. 04:02 PM | 1 Like Like |Link to Comment
  • InvenSense adds Barclays exec to board; shares +5.7% [View news story]
    The most ironic thing is that it is very likely the mems sensor in Curie is outsourced and it is even possible that INVN actually makes it. Intel have given no indication of getting into MEMS sensor production. They had their conference yesterday and did not mention MEMS once. It doesn't make sense, MEMS sensors is too small of a market for them.
    Jan 16, 2015. 02:20 PM | Likes Like |Link to Comment
  • ChipMOS forecasts 7.5% 2015 sales growth [View news story]
    IMOS management tends to under forecast. Considering the healthy growth of 2104, 7.5% 2015 growth would be not bad at all. However, I think 2015 growth will be higher.
    Jan 14, 2015. 05:20 PM | 3 Likes Like |Link to Comment