Irani is out: LA Times says the longtime Occidental Petroleum (OXY +3.2%) chairman withdraws as a nominee to serve a new term on the board, and is absent from today’s shareholder meeting. It's not known who will become the next chairman, but replacing Irani on the board is Edward Djerejian, a former U.S. ambassador to Israel and an assistant secretary of State. (earlier) [View news story]
Wow, good news. I stayed out of OXY when it was below 80 because I figured this battle was going to take longer.
Read the rest of the sentence, I said a proven track record of running jvm apps on arm servers. I agree with you that jvm is king, there is a proven track record of jvm or cli applications running on intel x86 chips. There is no history of running that code on arm chips so nobody is going to switch overnight to save some money on power. It takes a long time for enterprise companies to adopt new hardware platforms even when when they are better, and there's no evidence that the first generation of arm servers will be better for anything.
LOL. That's pretty much the same reaction I have. They really are cute, but a long ways (read: several years) away from supplanting anything in our data centers.
"But then you have the rapidly emerging "Web 2.0" servers that aren't out to do heavy computation, but instead need to service many computationally light tasks."
Until there is a proven track record of somebody running jvm or cli (or even node) apps on these things, no CIO will switch even if they were faster. The trust/reliability barrier in techops is huge.
Grocery store stocks suffer after Safeway's Q1 report indicates a weakening sales and volume trend into the end of the quarter. The lackluster quarter adds weight to the opinion that the dollar store group (DG, DLTR, FDO) and Wal-Mart are taking more grocery market share. Decliners: SWY -16.8%, WFM -1.0%, TFM -1%, SVY -2.5%, NGVC -2.0%, KR -2.0%, WMK -1.3%, HTSI -1.4%, FWM -1.3%. [View news story]
Safeway spent a lot to win back consumers who had gone to competitors, and it didn't work so well. I don't think people stopped buying groceries, so I see Safeway's weakness here as a gain for the other grocers.
"Our Asia checks indicate [BB10 phone] builds have recently increased from 2M/month to 2M+," says Jefferies' Peter Misek, who returns from his Asian trip writing more favorably about BlackBerry (BBRY +1.9%) than Apple. Misek adds checks indicate "2-3 additional BB10 models are likely to launch before year end" - a mid-range QWERTY phone (the R-Series?), a mid-range touchscreen phone, and a 5" touchscreen phone. He also claims Z10 sell-through data is steady, and Q10 business channel pre-sales are strong. (previous) [View news story]
Lol, the "news" about returns comes out, stock tanks around 8%. Positive note comes out and the stock trades inline with the market on low volume.
Though Samsung (SSNLF.PK) is the world's biggest memory maker and a top LCD maker, the growing needs of its phone/tablet ops are forcing it to turn to 3rd-party suppliers. Digitimes reports Samsung has stepped up its purchases of mobile DRAM chips from Elpida and NAND flash products from Toshiba, and that the electronics giant is also buying 5.8" LCD panels from Taiwanese suppliers for its phablets. The implications for memory/LCD demand and pricing are a positive for rivals MU, SNDK, AUO, and LPL, and perhaps also glassmaker GLW and NAND controller supplier SIMO. [View news story]
Its sad to say but I think OCZ is done. I think they need to focus on "strategic alternatives" and work out an acqui-hire. Otherwise the competition will let them go bankrupt and pick up their IP in a fire sale.
How To Beat The Market By 45% With Lower Risk [View article]
This is all well and good for a retirement account, but in a regular brokerage account I don't want to be paying short term cap gains taxes on these transactions every year. Of course everybody's tax liability is different, and in down years you could deduct some losses, but it would be interesting to see how various tax brackets affect the strategy. Still though, nice work.
Intel And Microsoft: Leading The PC Industry To The Next Stage [View article]
Analysts don't understand tech, they never have and probably never will. My phone is a PC, so is my tablet, and most of the hardware inside each is from the same companies that make the hardware inside my desktop.
Who Loses If The Cloud Is Cheap As Chips [View article]
"Another big loser could be Salesforce.com (CRM), which sells itself as cloud software but is actually an application stack built on Oracle hardware and software."
Salesforce uses Oracle's database and that's really it, they don't use Oracle hardware.
Anyway, Nebula One is cool but its only hardware. I see it as a risk to companies like Amazon or Rackspace, but not at all to application companies like Salesforce.
Valve, Steam, And The Threat To Your GameStop Investment [View article]
"Valve Corporation is a private company, and does not issue shares, which is probably why you haven't heard of them if you are not a gamer. It's a shame for us investors, as the company is quite profitable."
Oh how I've lamented this for many years. Never will forgot playing Halflife in 1998, and Steam really is the best thing since sliced bread.
Blizzard has always been fantastic as well, unfortunately they are stuck with Activision and Vivendi, so to own ATVI you must also own those 2 dogs.
Irani is out: LA Times says the longtime Occidental Petroleum (OXY +3.2%) chairman withdraws as a nominee to serve a new term on the board, and is absent from today’s shareholder meeting. It's not known who will become the next chairman, but replacing Irani on the board is Edward Djerejian, a former U.S. ambassador to Israel and an assistant secretary of State. (earlier) [View news story]
Intel: The King Is Back [View article]
Intel: The King Is Back [View article]
LOL. That's pretty much the same reaction I have. They really are cute, but a long ways (read: several years) away from supplanting anything in our data centers.
"But then you have the rapidly emerging "Web 2.0" servers that aren't out to do heavy computation, but instead need to service many computationally light tasks."
Until there is a proven track record of somebody running jvm or cli (or even node) apps on these things, no CIO will switch even if they were faster. The trust/reliability barrier in techops is huge.
Grocery store stocks suffer after Safeway's Q1 report indicates a weakening sales and volume trend into the end of the quarter. The lackluster quarter adds weight to the opinion that the dollar store group (DG, DLTR, FDO) and Wal-Mart are taking more grocery market share. Decliners: SWY -16.8%, WFM -1.0%, TFM -1%, SVY -2.5%, NGVC -2.0%, KR -2.0%, WMK -1.3%, HTSI -1.4%, FWM -1.3%. [View news story]
What Earnings Season Tells Us, So Far [View article]
What Earnings Season Tells Us, So Far [View article]
"Our Asia checks indicate [BB10 phone] builds have recently increased from 2M/month to 2M+," says Jefferies' Peter Misek, who returns from his Asian trip writing more favorably about BlackBerry (BBRY +1.9%) than Apple. Misek adds checks indicate "2-3 additional BB10 models are likely to launch before year end" - a mid-range QWERTY phone (the R-Series?), a mid-range touchscreen phone, and a 5" touchscreen phone. He also claims Z10 sell-through data is steady, and Q10 business channel pre-sales are strong. (previous) [View news story]
Though Samsung (SSNLF.PK) is the world's biggest memory maker and a top LCD maker, the growing needs of its phone/tablet ops are forcing it to turn to 3rd-party suppliers. Digitimes reports Samsung has stepped up its purchases of mobile DRAM chips from Elpida and NAND flash products from Toshiba, and that the electronics giant is also buying 5.8" LCD panels from Taiwanese suppliers for its phablets. The implications for memory/LCD demand and pricing are a positive for rivals MU, SNDK, AUO, and LPL, and perhaps also glassmaker GLW and NAND controller supplier SIMO. [View news story]
OCZ: Bankruptcy Within 6 Months? [View article]
How To Beat The Market By 45% With Lower Risk [View article]
Intel And Microsoft: Leading The PC Industry To The Next Stage [View article]
Good article
Who Loses If The Cloud Is Cheap As Chips [View article]
Salesforce uses Oracle's database and that's really it, they don't use Oracle hardware.
Anyway, Nebula One is cool but its only hardware. I see it as a risk to companies like Amazon or Rackspace, but not at all to application companies like Salesforce.
Acquisition Of Elpida Memory Inc. By Micron Technology [View article]
http://seekingalpha.co...
http://seekingalpha.co...
Valve, Steam, And The Threat To Your GameStop Investment [View article]
Oh how I've lamented this for many years. Never will forgot playing Halflife in 1998, and Steam really is the best thing since sliced bread.
Blizzard has always been fantastic as well, unfortunately they are stuck with Activision and Vivendi, so to own ATVI you must also own those 2 dogs.
Micron Technologies: After The Elpida Deal [View article]
Got out of MU after the earnings pop, after 6% drop today getting back in.