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- Host Hotels & Resorts, Inc. F3Q08 (Quarter End 09/05/08) Earnings Call Transcript
- General Electric Company Q3 2008 Earnings Call Transcript
- DragonWave Inc. F2Q09 (Qtr End 08/31/08) Earnings Call Transcript
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- Total System Services, Inc. Q3 2008 Earnings Call Transcript
- Tortoise Capital Resources F3Q08 (Qtr End 08/31/2008) Earnings Call Transcript
- Intraware, Inc. F2Q09 (Qtr End 08/31/08) Earnings Call Transcript
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41 Comments
Lehman's Lies
Steve Jobs' Fake Heart Attack, Courtesy of CNN
Erick, having read a # of your posts the past few months, it is clear that you have a tendency to see only the negative regarding AAPL, the company as well as the stock. So anything negative you have to say regarding AAPL cannot be taken as anything of value. But in reference to the above quote from your post, it is now also clear that you are a complete moron.
One lesson to be learned, clearly, is how stupid CNN is/was to sponsor a blog over which it has not control. Another lesson to learn in similiar vein, is that Seeking Alpha to remove from their bloggers morons like you that more often than not, post inaccurate information (i.e. 3G iPhone inventories @ a NYC Apple store), inaccurate analysis with a clear intent to taint the company & the stock. In my view you are not that much afar from johntw . . . or are you in-fact johntw? Wouldn't suprise me the least . . . because that's how you paint yourself on this blog.
The Great Bank Rush of 2008: What's the Money For?
RE: "The only reason for Goldman Sachs to take a desperate (GS also gave Mr. Buffett 43,000,000 warrants to purchases GS common @ $115 per share) action was because it knew it was experiencing an EC impairment and needed to raise additional EC:
Goldman did the deal with Buffett because it needed to bring the firm into regulatory compliance after converting to a bank holding company. As an investment bank, its leverage was capped at 40:1; as a bank holding company the cap is 12:1. Given Goldman's balance sheet & market conditions, the best strategy was to raise its equity capital rather than reduce the debt on its books. For every $1 of equity raised, it was able to cover $12 of debt on its books. 'Nuff said. Otherwise, good, well thought out post.
Morgan Stanley: Exploding the Short-Seller Myth
Explain your thinking . . . if there is any. If shorts are attempting to drive down a stock THEN the uptick rule WILL slow down the trading so a more orderly market for the stock can occur, whether it be down or up.
Paulson Between the Lines
eBay Is a Losing Bid - Barron's
It's interesting to read about sellers' complaint, because as a seller, it's my perception that eBay has traditionally favored sellers or buyers in disputes. I avoid PayPal for that reason. My credit card company is going to much more objective than an eBay-owned PayPal in any dispute.
To the sellers here, if you are unhappy with eBay, then hit'em where it hurts. Leave the site. Set up shop elsewhere. I have nothing against trustworthy online sellers. It's eBay, that IMHO, is not sufficiently vigilent to root out fraud & unscrupulous buyers AND sellers from its website.
Bottom line, eBay has just gotten too big to be effective. It needs to be cut down to size.
Are Text Messaging Prices the Biggest Wireless Issue?
$30/mo is a lot to ask a subscriber who does not use text messaging as a means to communicate, nor subscribes to a frequent alert system. Notwithstanding that subscriber is likely to get a few alerts per month, which amount does not substantiate subscribing to a prepaid text message plan. Instead the sub is "squeezed" a few bucks for essentially a service is worth 1/10 of what is charged.
Bottom line, it is clear the carriers want all subscribers to subscribe to a prepaid SMS plan, figuring by "slowing" increasing the price per message, will force unwilling subs onto such a prepaid plan.
All this, IMHO, is analogous to how cable companies keep on adding channels that customers do not want to program packages to substantiate ever increasing prices for cable (or satellite), and to build their cable-owned channels that would not make a dime but for market ownership of the distribution channel.
My question to Senator Kohl, why limit your request to the wireless carriers? Why not ask the MSOs the same thing? Why be "penny-wise & dollar foolish?"
Apple Investors: Fasten Your Seatbelts, Put On Helmets
In response to:
"The late session bounce was apparently caused in part by a published report that the Wall Street Journal cited, that there were a number of companies kicking the tires of Lehman, including BofA. But after the market close BofA said they weren't interested, and GS backed off too. The bump may have been assisted by Oil hitting a nearly 6 month low, and short covering on beaten down sectors. . . I'm not so sure how much credence to put into this bounce,"
how do you explain the stock trading up $.50 - $.70/share after hours?
Did Apple Cave or Did NBC Bend?
Palin, On the Ongoing Financial Crisis
Fannie & Freddie have been way too expensive to the American taxpayer. You had execs reaping $15MM paycheck while being asleep at the wheel. Now you have the US Gov'ts bailout. How can you not agree Palin's statement on that point?
Are they too big? Well, that comment may be interpreted in a number of ways. The mortgage market is huge, and FNA & FRE played an important function in providing low cost mortgage financing to US homebuyers. How big should FNA & FRE be? Dunno. But I think Palin's comment w/r/t size was more focused on cost than any other metric. JMO.
Six Reasons Why Apple's Still a Buy
Apple: Major Bounce or Major Breakdown?
Why Apple Stock Is Poised To Go Flat - At Best
Overall, your arguments are at best weak. Impression I got as I read what you had to say, was that you recently liquidated your holdings in AAPL, & hence felt a need to express your rationalization for doing so. Do you feel a bit better now?
The argument I find most hollow is the one about decreasing margins. Margins are not decreasing because of increasing costs, nor an inability to maintain existing price points. Rather, the decrease in margins is core to an intentional strategy to expand AAPL's market share, where in the past, many consumers have shied away from AAPL computer products because their relatively high price compared to competing Windows-based PC products.
I've never owned an AAPL iMac, but have continually purchased PC after PC . . . because of the business-accepted Windows-based OS. That is changing. I first considered an iMac when I deciding upon my last purchase. I went for a PC again . . . because I felt the iMac was too high priced . . . about 3X the cost of my Dell PC. Today, with AAPL's increasingly influence among consumers . . . & small business customers, the iMac et al become increasingly attractive. Lowering the price point of these products will only lead to increasing demand for AAPL products. The executives at AAPL clearly know this. Apparently, you do not.
Has Jim Cramer Crossed the Line with Sirius XM?
First, you claim that Cramer's assertion that the merger came too late to salvage the Xmas shopping season is a statement of opinion, not fact. Second, you later claim that Cramer's "lie that Sirius XM has somehow 'missed' the 2009 OEM model year, " will also land him in court, is also statement of opinion. "Somehow?"
Clearly, you're long SIRI & wish to do nothing but lash out at anyone you believe responsible for the stock's recent poor performance (i.e. shorts). Unfortunately, your arguments are neither legally sound nor persuasive.
If you can't stand the heat or cold of the market, my rec is stay on the sidelines.
Apple Investors: Capital Preservation First, Maximum Profits Second
Bottom line, you're such a small fish that what you have to say is of absolutely no value nor consequence. Spare us unless you have to share your longer term views of the stock. TIA.