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dfloydr

dfloydr
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  • The Dangers Of Following Celebrity Stock Picks [View article]
    Been working with computers since 1964. Many technology shifts have occurred in the industry over this time. Today we are seeing the probable demise of the rotating Hard Disk Drive (HDD's) as the industry has already begun shifting over to the types of non-volatile memory made by Micron. The new devices are to be known as Solid State Drives (SDD's). Cameras are already there ... those little SD cards. Computers have started to move. External storage has just begun to step in that direction. Far less energy, far cooler during operation, far faster and now cheaper or almost cheaper. Imagine if you are planning a new server farm or cloud storage facility ... want rotating drives that burn electricity constantly, require tons of a/c and crash periodically or Micron type memory that sips electricity, is way faster and does not crash. Your choice, sir! Me, Im holding my MU. Tomorrow is options expiration day and by far the larges concentration of options is at the $32 mark. Those who finagle markets will be trying to keep MU just below $32 so as to expire those options as worthless. May see some life again Monday.
    Jun 26 08:09 PM | 9 Likes Like |Link to Comment
  • Micron Appears To Be A Good Investment At This Point In Time [View article]
    The "convertible disaster " does not strike me as anything new. It's been happening as long as the converts have been made available. People fooling with paper instruments do not change the fact that the industry has consolidated and the fact that the familiar spinning disk drive is due to be replaced by solid state storage which has enormous advantages: no moving parts to crash, far less energy required to operate the storage devices, far less cooling required for the enterprise, faster and direct access to data, easier to erase securely, etc..
    Apr 14 12:07 AM | 8 Likes Like |Link to Comment
  • Many U.S. firms are cash rich abroad but cash poor at home, and the SEC worries they aren’t presenting investors with an honest appraisal of their liquidity. “That doesn’t mean they could suddenly run out of money to pay their bills," WSJ's Kate Linebaugh writes. "But it does mean there could be unseen limits on their ability to pay dividends and buy back shares." [View news story]
    Don't forget that 35% tax rate is only levied on what is left after all kinds of deductions and subsidies and credits etc.. So if you look at the tax bill paid vs profits before all those gimmicks, it is no longer 35% of what many other countries would define as profit.
    Mar 13 11:18 PM | Likes Like |Link to Comment
  • Micron: What's Going On? [View article]
    Russ, I watched that trading hiccup too and was set to wondering. My suspicions turned not to the market makers but to those holding such a large short positions. I should think that the parties holding such huge shorts might have indulged in exactly the kind of market manipulation which you suspect .... dump a few more shares against weak demand, get a down trend going and then scoop up all you can get at lower prices. Order up a side order of help from Cramer and repeat as often as possible before the earnings are announced. Covering a 110 million share short is going to be a lot more expensive after earnings are out.
    Mar 12 12:59 AM | 4 Likes Like |Link to Comment
  • Micron tumbles on report of new Hynix fab [View news story]
    Hmmm. I just installed 8 gig of new Micron Crucial memory in my Apple computer. I bought it from Crucial 4 days ago for $86. Today the same item from Crucial is priced @ $97.
    Dec 20 08:49 AM | 3 Likes Like |Link to Comment
  • Chip Maker Micron Still Riding High, But SK Hynix's Return May Change Game [View article]
    There were two hedge fund managers on one of the biz TV channels I watch (Bloomberg and CNBC) - I don't recall which. They showed a chart of the rise in MU over the past year and how it has had four plateaus during this time, each with a traceable drop in price. They Beat the drums hard to use both puts and calls to generate some immediate cash in full anticipation that the stock would drop meaningfully over the next few days as one of the plateaus was now due. No sooner than they stopped talking, the market reacted .... yes ...meaningfully ;-)
    Dec 18 06:03 PM | 4 Likes Like |Link to Comment
  • Taking A Closer Look At General Electric's Dividends [View article]
    Next to nothing said about GE's future outlook. To me it seems to be getting brighter, more so than this article reflects.
    Apr 3 07:09 PM | Likes Like |Link to Comment
  • A Value Comparison Between Intel And Qualcomm [View article]
    Some of Otellini's recent comments, as posted by others here, indicate that INTC has it's eye's four square on the mobile market. Two new fabs capable of building product at 14mu, talk of plans in the works for making chips for others .... could be snoozing for now but somehow I do not believe INTC has gone to sleep all together.
    Dec 12 07:10 PM | 2 Likes Like |Link to Comment
  • Intel (INTC) raised a healthy $6B in its debt offering - $3B of the notes mature in Dec. 2017 and yield 1.35%, $1.5B mature in Dec. 2022 and yield 2.7%, and $1.5B mature in Dec. 2032 and yield 4%. Assuming Intel aggressively uses the funds for buybacks and continues to spend heavily on capex, the company could soon have a negative net cash position - RBC noted yesterday a $2B-$3B raise could leave Intel net cash neutral. (previous: I, II[View news story]
    I somehow doubt the above dire contention. You'd think INTC, after all these years, would have a pretty good handle on their can management. Why would the buy in so many shares as to deplete their cash? Makes no sense.
    Dec 5 10:22 PM | Likes Like |Link to Comment
  • 3 Reasons Why Intel Shares Could Be Headed For $18, Or Less [View article]
    All pretty much old news. Writer seems to be overlooking the new INTC fabs aimed at the portable and cell phone markets and the INTC march to 14mu chip designs which others will have a hard time following. Besides $18 is not far from the present price and if you are buying for the dividend or for the day when INTC hits $30+, why wait and risk missing a quick move upwards once a big phone or pad maker signs up INTC production.
    Dec 4 02:40 PM | 4 Likes Like |Link to Comment
  • Many U.S. firms are cash rich abroad but cash poor at home, and the SEC worries they aren’t presenting investors with an honest appraisal of their liquidity. “That doesn’t mean they could suddenly run out of money to pay their bills," WSJ's Kate Linebaugh writes. "But it does mean there could be unseen limits on their ability to pay dividends and buy back shares." [View news story]
    Your comment does not calculate ... if the money were brought home and taxed ... then it might be paying for something .... not as long as it is parked overseas.
    Dec 4 01:58 PM | 3 Likes Like |Link to Comment
  • Intel Keeps ARM At Bay In Micro Servers With Avoton [View article]
    Hmmm .... Intel has fabs now making a flood of larger PC and server type items. Should the market move even more towards portable devices, who would I rather be. A company presently making portable gear flat out which would have to build whole new fabs to accommodate larger business volumes, or Intel which could simply re-equip an array of existing fabs to make a flood of the required gear. Surely the existing fabs could be worked over to meet the new needs for a lot less money than a whole new fab. Land, structure, power, staff are all on hand. Change their tools and roar. Or??
    Nov 13 08:48 PM | Likes Like |Link to Comment
  • Why This Recovery Is At A Snail's Pace [View article]
    If that were a fix, we'd be in economic heaven already as tax rates have dropped over the past three decades or so from 70% to now 35%.

    Another way to look at the situation: when tax rates were 70%, I invested happily knowing that if things went wrong, the Feds ate the bulk of the loss. Now, if I loose ... that's mostly my money now.
    Jun 2 11:37 PM | 1 Like Like |Link to Comment
  • A Natural Gas For Trucking Bill Could Save The U.S. Hundreds Of Billions Of Dollars [View article]
    Quite right! The new bridge at the Hoover Dam was completed ahead of schedule and under budget by ... trumpets please .... government contracts!
    Apr 16 02:09 PM | Likes Like |Link to Comment
  • A Natural Gas For Trucking Bill Could Save The U.S. Hundreds Of Billions Of Dollars [View article]
    Think ... it's harder than simple individual "greed based" economics!

    A shift in the fuel used for a mobile industry can not be done by any one truck owner. You convert your truck and the station down the street has natty so you load up and take off for Atlanta ... you go a few hundred miles and then what?

    Maybe all the stations along I-10 convert but you can't spend your life running up and down I-10.

    etc..
    Apr 15 02:57 PM | 1 Like Like |Link to Comment
COMMENTS STATS
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