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  • Perspectives On Friday's Sell Off [View article]
    It's already a 4% correction for the Dow and a 3% correction for the S&P. Is this the 5% correction that would normally occur or will it turn into a 10% correct? I'm more inclined to think that earnings will not support the S&P PE so we're going to see a correction and then sideways into the end of next quarter while China and emerging markets stories play on. More of the same could easily turn into a Sell in May or earlier year. Watch out if Apple earnings disappoint!
    Jan 24 05:43 PM | 23 Likes Like |Link to Comment
  • Why Nokia Will Go Higher [View article]
    Nokia's a $4-5 stock waiting for a good quarterly report demonstrating that their turnaround strategy of cutting the fat and relying in Microsoft's Windows Phone 8 software is working. If Nokia sells 3-5m Lumia's in Q4 2012 along with increased Asha sales and other divisions perform well then Nokia will become at $6-8 stock selling at $4-5. If the same progress is made in Q1 2013 and Nokia's mobile device product lines continue to improve and sell successfully then Nokia will have a really, really good 2013.
    Nov 26 11:20 AM | 17 Likes Like |Link to Comment
  • Intel: A 'Buy' However You Look at It [View article]
    PC sales are actually going to increase at 10% and 14% for the next two years. Tablets sales are only going to equal 10% of PC sales and it's hard to judge how many are lost PC sales.

    If 40mil tablets ship in 2011 that's 10% of the projected 388mil PCs that'll ship; which are up 38 mil from 2010. If 60mil tablets ship in 2012, a 50% growth, that'll be 14% of the 440mil PCs that'll ship; up 52 mil from 2011. 100mil tables vs 828 mil PCs or 12% tablets. Growth in PCs (90 mil) equals 90% of the total tablet market by end of 2012. As Intel said at CES 2011, our hair isn't on fire! If Microsoft had 20% of tablets by end of 2012 or 20 mil units it would mean only 2% increase vs PC sales. The tablet market isn't going to be significant compared to the PC for at least 3-5 more years. Who cares about 40 or 60 million tablets for now. Maybe by 2013 or 2014 the numbers will be significant. All the quote analysts are just trying to drive up shares of tablet vendors because that's what they're long.
    Mar 4 10:51 AM | 17 Likes Like |Link to Comment
  • Nokia: A Bad Situation Turning Worse [View article]
    Well, your article is full of generalizations, pessimism and half truths. Nokia's been downgraded to junk status, no, Nokia's bonds have been downgraded to less than investment grade. Investors would be better of waiting until end of Q3 or Q4 2012, no, the idea is to buy low and sell high, not to wait until it's recovered 50% before buying. Acquisition or bankruptcy for 2012 or 2014. Those are exact opposite outcomes so which is it? If it's acquisition backing up the truck to the loading dock might be a good move. The enterprise value is more than $6 billion less than the market cap. The market cap is currently 3.7 times $3 or $11b so you say the enterprise value is $5b. Nokia has about $4.5b cash net of debt and a ptent portfolio worth around $7b plus fixed assets of $1-2b. So Nokia's currently selling at or a little below book value.
    Jun 10 08:54 AM | 15 Likes Like |Link to Comment
  • Reviewers Love The Nokia Lumia, So Why Did The Stock Tank? [View article]
    Hypothesis F - Hedge Fund Shorting

    The hedge funds knew that there had been a huge run up in Nokia's PS from $1.63 to $3.25 on August 27 and it was ripe for disappointment. The Hedge Funds, most very long on Apple, cannot afford to have Nokia pour sour sauce on Apple's iPhone5 party on September 12th. Mitrado is right that NOK (NOK1V in EU) was heading down before the presentation even started and then every excuse was used to push it further with momentum leading the way down. Not to worry, the Lumia 920 shows everyone that Nokia innovation, Microsoft's WP8 and an expanding ecosystem is now ready for Windows 8 tablets to complete the strategy. Nokia's stock is on sale again.
    Sep 6 02:34 AM | 14 Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    I disagree with the author's logic. Using the same logic the value of the USD would be worth less then the 6 cents it costs to produce! So your $1200 you pay for an ounce of gold is really only worth $72 which is about twice the $35 gold standard the US once supported.
    Feb 23 08:46 PM | 13 Likes Like |Link to Comment
  • Microsoft offers conservative revenue guidance, cuts spending forecasts [View news story]
    Maybe somebody should give Steve Ballmer a little credit?
    Jan 23 06:44 PM | 13 Likes Like |Link to Comment
  • Nokia Sum-Of-Parts: Not Cheap Enough [View article]
    Great article and starting point for discussions. I would add to your sum of the parts the value of NavTeq and NSN. Let's say for arguments sake that Navteq has a value of $1b and NSN $1b. We now have $13.3b / 3.7b shares or $3.59 USD PS. At $2.70 Nokia's trading at a 25% discount; 30% discount would be $2.51.

    Now let's discuss the brand value for a mobile technology enterprise with 1 billion customers and $30b annual sales. That has to be worth at least $2 billion to Microsoft. So, we now have $15.3b / 3.7b shares or $4.13 USD PS. Nokia's a $4-5 stock trading at 60-65% BV or 40% discount.
    Sep 26 01:33 PM | 13 Likes Like |Link to Comment
  • Financials: Overlooking What's 'On Sale' [View article]
    Citicorp (city currupt) and Goldman Sacs (government securities) are the epitome of everything that's wrong with this country. Citicorp should be liquidated by the US government with the proceeds from the sale of their assets used to lower the US debt. Same goes for GS, they represent the ultimate in greed and hubris. The entire US banking system along with AIG should have been nationalized for the fraud perpetuated during the mortgage securitization crisis.
    Apr 19 12:11 PM | 13 Likes Like |Link to Comment
  • This Could Be Huge: China Mobile To Subsidize Lumia 920 [View article]
    Gee, look who's giving away iPhones at WalMart? You're not very well informed or didn't read the author's article. All carriers pay about $15 a month or $360 over two years to the smart phone vendors to subsidize the cost of the devices. So if a subscriber gets a smart phone on a 2 year subscription for "free" they are really paying $360 for that device that costs about $160 to build yielding about 55% gross margin. The Asian smart phone consumer are not brainwashed by the Job's mystic or the I'm an Apple ideology.
    Dec 23 11:02 AM | 12 Likes Like |Link to Comment
  • How Low Can Nokia Go? [View article]
    "Hardware wise, the Lumia 900 is quite comparable to most other top of the line smart phones. Microsoft and its Windows Phone platform has spelled disaster for Nokia and its stock."

    Both statements are wrong. Nokia's Lumia 900 has med range hardware specs due to Windows Phone 7.5 limitations which will be removed in Windows Phone 8 by Fall 2012. Nokia's failure to adopt Android soon enough, before Sansung, and Nokia's continuing waste of cash on failed software R&D have created their current crisis. Nokia's decision to partner with Microsoft and use Windows Phone has been the only correct strategic decision they've made in the last 5 years. Nokia will release top end smart phones with WP8 this fall along with tablets powered by W8 and WP8. Conservative investors should avoid all technology stocks until 2013.
    May 21 01:57 PM | 12 Likes Like |Link to Comment
  • Why Nokia Could Triple By 2015 [View article]
    Elop recognized that Nokia had been spinning it's wheels on a not invented here software strategy for over 5 years and made a bold strategic decision. The prior Nokia leadership had failed to select Android early on and continued to waste resources on Symbian. Nokia shares have fallen 80% due to the prior leaderships failures and now have a possibility of recovery supported by Microsoft's funding and Nokia cost reductions by eliminating unnecessary software R&D. Elop has cleaned house of the useless pricks you refer to and created a leaner more competitive Nokia.
    May 20 11:13 AM | 12 Likes Like |Link to Comment
  • Nokia Lumia Is No Apple iPhone Killer [View article]
    I think he actually had some valid comments and some really biased ones.

    Yes, Windows Phone does make both Android and iOS look like the legacy Unix clones. Yes, Nokia's Lumia 900 isn't an iPhones 4s killer but it does prove that someone can make a more stylish smart phone hardware package then Apple or Samsung and it does prove that a hardware package with 1/2 the processor of iPhones A5 runs faster.

    Apple's already lost their leading edge in smart phones to Android, that happened last quarter. Apple's number 3 in mobile phones. Nokia is not targeting Apple, they're targeting Android and that's what Apple needs to do. Nokia will have the best smart phone OS in WP8 and they'll add it to the Nokia Fluid 900 to have a top spec'd smart phone with the fastest processors, 3D graphics and high resolution screens. A hoard of Windows 8 vendors can't wait to show Apple and Google how many ways Windows 8 can compete with Android and Apple tablets.

    Yes, Microsoft has given a couple of their thousands of briefcases stuffed with foreign profits to Nokia. I would guess Microsoft's waiting for the release of Windows 8 and WP8 and Nokia's Q3 2012 performance to determine if they go all in and offer $6 PS for Nokia after negotiating for Siemens to take the NS Network assets. A taken over of Nokia at $6 PS would have a net cost to Microsoft of $2-3 PS after netting cash and debt. So for $7-9b Microsoft could level the playing field with Apple, Google/MMI and put HTC and Samsung on notice for sitting safely on the fence. Amazing how these crappy little fashion symbols and mobile toys for monkeys have become the center piece of such an important technological universe.
    May 2 04:29 PM | 12 Likes Like |Link to Comment
  • Why The Microsoft Partnership Is The Wrong Choice For Nokia [View article]
    "why would it pick a software platform that is not well established?"

    Exactly the point. Why would Nokia want to use Android, another shareware clone of Linux, when they could have a unique OS and relationship with the world's most successful enterprise application and server software organization. Why be another provider of Google's advertising and marketing virus? Smart phones, PCs with small screens and Wifi, are not high tech. They're all about industrial engineering of form and use, Nokia excels at those capabilities, not software engineering. Microsoft brings an enormous developer community, largest in the world, and user base one billion Windows users, largest in the world. This isn't about selling 250, 500 or 1000k phones in the next 2-3 months. It's about having a special relationship to provide mobile PCs for the world's largest PC software provider when they're re-imagining their OS to a new standard of performance and user experience. Nokia made the right decision for the long term. This isn't about fanism, hype and generational arrogance. Nokia L800 is a great phone and WP7.5 is a great OS and the L900 and WP8 will be even better. Nokia's new relationship with STM-Ericson using Thor nCore chips plus ability to have a line of WinArm tablets in 2012 will be much more beneficial than being just another Android robot.
    Dec 1 10:15 AM | 12 Likes Like |Link to Comment
  • Is Windows An Ecosystem In Decline? [View article]
    Author - Microsoft's (MSFT) latest update to Windows 8.1 represents a wholesale retreat from the tile-based Modern UI, returning Windows to its desktop roots.

    That's a blatantly wrong statement that demonstrates an anti-Windows bias which the rest of the article goes on to support. First, one billion Windows users where very accustomed to the Desktop and Start Menu and expressed their dislike over Windows 8's 180 degree shift to a touch based metaphor. However, anyone that's used a W8 touch enable PC or WP smart phone can attest to the fact that the Modern UI is really a pleasure for touch based devices with Active Tiles going beyond both Android and iOS in ease of use and information feedback.

    Windows 8.1 makes huge steps in delivering one OS that adopts to both mouse and keyboard use as well as touch screens. In fact, it solves almost all of the classic user complaints while preserving the Modern UI progress for touch screens.

    Windows Phone 8.1 goes even further and is now receiving glowing reviews even by the traditionally prejudice Android and Apple analysts.

    Read here
    Apr 14 02:02 PM | 11 Likes Like |Link to Comment