Michael Trica

Michael Trica
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  • How Facebook and Apple are Attacking Google's Earnings  [View article]
    Just a quick note about the probable increase in market share of iOS since the launch of iPhone 6. Yes, it could take some market share, especially in U.S. in Western Europe, but, Google is still the default search engine on the Safari Browser. If you said that Apple was getting into the search business, I would say good luck to Apple replicating Google's billions of terabytes of data that is weaved into its search algorithims. Google's search engine benefits from over a decade of network effects that is almost impossible to replicate. The return the most relevant results, thus more people use it, thus they return the most relevant results.
    Oct 16, 2014. 02:07 PM | 2 Likes Like |Link to Comment
  • Why Google Has Upside To $800-Plus Per Share  [View article]
    GOOG's FCF is understated dramatically. Not only are they over-capexing (buildout of DataCenters to store all the data that is coming their way), but their CashFromOperations is understated as well due to GAAP requirement to expense all their R&D. My point is that all the R&D they've invested in Maps, YouTube, Glass, Android, etc., really should have been capitalized because this GAAP "expense" has created perpetual assets, not one time costs to operate. The question to ask yourself when determining whether GOOG is cheap, is do you believe that their R&D and CapexEx will generate 20%+ ROI's or not? Based on their history, I conclude it will. GOOG will be the first trillion dollar enterprise, beating AAPL easily to that magic number IMHO.
    Sep 25, 2014. 12:15 PM | 1 Like Like |Link to Comment
  • Tim Hortons: How To View The Transaction From A Shareholder And Merger Arbitrage Perspective  [View article]
    Ken, Thanks for the article. What about shorting shares in BKW to hedge the downside? Thanks again
    Aug 28, 2014. 11:04 PM | Likes Like |Link to Comment
  • WWE's streaming network breaks new ground  [View news story]
    This could be a huge precedent if successful. DIS (OTC:ESPN) should be worried. All other sports leagues will eventually eliminate the middleman networks and deliver their content directly to their audiences.
    Feb 26, 2014. 02:53 AM | Likes Like |Link to Comment
  • Changyou's Platform Ambition; Apple's Inevitable Decline  [View article]
    Are you Charles Zhang, the CEO of Sohu? I think the best asset of Sohu is Sogou. The move to eliminate Tencent as a competitor was brilliant and the Wall Street analyst community is completely misunderstanding the special dividend to preferred holders of Sogou. If you want to invest in the third leading search business in China, Solu is the best way to get that asymmetry. Sogou alone could easily be worth $10B in a few years...just look at Qihoo, which started out as malware just 16 months ago and now is the second largest search engine in China!
    Nov 12, 2013. 11:15 PM | Likes Like |Link to Comment
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