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TOPSY45

TOPSY45
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  • Apple: Do You Hear The Crickets? [View article]
    Good advice for management -- speak out! Quietness bespeaks uncertainty, uncertainty bespeaks fear, fear bespeaks falling stock price.
    Mar 16 09:28 AM | 8 Likes Like |Link to Comment
  • Greenlight Capital/David Einhorn has dropped its lawsuit  over Apple's (AAPL -1.6%) Prop. 2, in response to the company's decision to withdraw the proposal and its bundled changes (in the wake of an injunction) prior to Wednesday's shareholder meeting. Apple insisted at the meeting it remains committed to giving shareholders the right to vote on the issuing of preferred stock. [View news story]
    Game, set, maybe. Match, not necessarily. Einhorn won on procedural issues under shareholder/corporate law rules, not on the substance of Apple's preferred shares proposal. The company is free to put it up for vote again, so long as it does not bundle the proposal with other shareholder issues to be voted on.
    Mar 1 01:32 PM | 4 Likes Like |Link to Comment
  • Worries Over Apple's Q2 Will Pressure Shares [View article]
    Technical analysis supports your view. From my limited investing experience, in the short term momentum, volume and resistance points trump the fundamentals. But, the fundamental eventually trump the crossing lines on the charts.
    Feb 25 08:26 AM | 3 Likes Like |Link to Comment
  • Is Apple Just Boring? [View article]
    Good point about Mr Eassa's developing apps compatible with the Android platform. One's work may influence one's opinion.
    Feb 25 08:08 AM | 3 Likes Like |Link to Comment
  • Apple: Market Share Is Key [View article]
    Bravo -- thank you for sharing your knowledge and wisdom.
    Feb 20 08:44 AM | 2 Likes Like |Link to Comment
  • Why Apple's Margins Will Continue To Decline [View article]
    Your focus on management's guidance remarks for the next quarter hits the mark. I concur that the forward comments are not particularly encouraging. Let's hope for a "surprise" innovative product the public will purchase in mass. I have doubts about i-TVs.
    Feb 1 08:02 PM | 1 Like Like |Link to Comment
  • Apple's Brand-Image Matters More Than Innovation [View article]
    Hugh, good piece; you're on the money. I am old enough to remember IBM at it's peak and note that it is still around and doing rather well.
    Jan 28 10:58 AM | Likes Like |Link to Comment
  • Dear Apple Board, This Is How You Defend The Share Price [View article]
    I concur. If the pessimists are right on margins diminishment and falling demand, then Apple's Board must authorize major changes and both increasing the dividend rate and stock splitting the stock to attract value investors should be high on their list. Also, a good old fashion frank phone conference inaugurated by management with investors would be nice now and then, preventing surprises that seemingly have taken place in last few weeks.
    Jan 15 03:01 PM | 8 Likes Like |Link to Comment
  • Apple: 7 Reasons Shorts Can't Sleep At Night [View article]
    Thank you for your comments -- right on the mark. I will sleep well tonight.
    Jan 14 04:13 PM | 1 Like Like |Link to Comment
  • Apple's Cheaper iPhone: Don't Panic! [View article]
    Your prognosis of Apple's recovery from its current illness is on the mark. Apple's growth is destined to take place in emerging and frontier markets. Today's apparent agreement between Apple and China Mobile is the first of many. What a time to own Apple shares. The pivotal issue is not unit margins, it is the gross margins on all products sold. Yes, I am long Apple. T
    Jan 10 07:27 AM | 4 Likes Like |Link to Comment
  • Is There An Apple Disconnect? [View article]
    Thank you for your thorough and insightful of Apple's fundamentals vis-vis technical market analysis. Very explanatory. I'm breathing better.
    Jan 8 03:12 PM | 3 Likes Like |Link to Comment
  • Apple Needs Product Diversification [View article]
    "Profit margins" has been Apple's huge advantage. But the power of competition in driving competitors' prices toward a smaller profit per-unit-sold range cannot be ignored. Certainly, Apple'a management knows well the core principles of economics. Apple's current enormous name value attributed to its reputation for quality, innovation, and service will eventually become discounted when buyers increasingly learn there are similar products at considerably cheaper prices, a fact all the more important in the developing economies including China and India. Over the long run, Apple must lower its product line's prices (as it has already begun to do). I agree with Mr. Kesarios that Apple must expand its product line and the newer items will have to have profit-margins lower than those Apple has been able to garnish in the past. Ultimately, market share is always a prime consideration involving a "mass producer." And, market share in the long run is more important that profit margin per unit of production in the short run. Another factor in the equation: Samsung is becoming better know every day as a quality and innovative company that sells reliable, sophisticated products. Nonetheless, Apple can remain on top of the hill by broadening its product line and increasing price diversity from high to lower end of the markets. One other caveat -- Apple may be on the verge of selling more high-ticketed items to the business world. That would be a big plus. 
    Jan 6 08:56 AM | 2 Likes Like |Link to Comment
  • Deutsche's U.S. team follows up on an overnight note from the firm's Japanese unit about iPhone production cuts by declaring Apple's (AAPL -2%) stock "has digested this supply chain issue and likely has lower unit production already priced in." Notable Calls is encouraged by this due to the track record of the analyst in question (presumably Chris Whitmore). Apple has bounced a little off its session lows. Cirrus Logic (CRUS -3.8%) and Skyworks (SWKS -2.9%) are faring worse. [View news story]
    Investors should be weary of underestimating Appel's perennial introduction of successful new products -- lots of stuff is in the works and the current relatively beaten-down stock price will significantly jump. I say this with supreme confidence. Incidentally, my last prediction -- also made with supreme confidence -- was that Romney would beat Obama.
    Jan 4 12:35 PM | 7 Likes Like |Link to Comment
  • Loomis Sayles' Matt Egan issues a bit of a warning on high-yield, noting their only upside at this point is the coupon (not something to sneeze at). If prices rise any further, expect issuers to refinance into lower rates. The downside is defaults, and with the default rate as low as it currently is, they can only go in one direction. [View news story]
    I agree with rhgordon3505 comment above, adding only that for those who invest with high-yield bond funds, stay calm and stay long term, but also scrutinize each of the fund's holdings regarding percentages of bonds having grades below BB. I would be a bit uneasy about bond portfolios going for big gains due to hoped for upgrades of the lowest rated junkies in this environment.
    Dec 6 11:22 AM | Likes Like |Link to Comment
  • There were no high-yield defaults in October, bringing the 12-month default rate down to 1.9%, reports Fitch, but don't be surprised to see a mini-surge in the year's last two months as 5 are already in the pipeline. The easy funding environment has allowed issuers to refinance - helping the default rate in the short run - but at some point, business needs to get better. [View news story]
    For the past two months, countless articles have been written suggesting high-yield corporate bonds were about to tank noting, among other factors, a growing risk of defaults. In short, "the bubble" was about to burst. Well, in the meantime these bonds have been paying their premium returns with spreads that are hundreds of basis points above a true bubble stage. Now is a great time to be in so-called junk bonds. Yes, someday that will not be the case, but in the meantime enjoy the returns.
    Nov 29 02:29 PM | 1 Like Like |Link to Comment
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78 Likes