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doggiecool

doggiecool
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  • Micron And Intel: Non-Volatile Memory Is Exploding [View article]
    I'm going to give you a little advice. There's a force in the universe that makes things happen. And all you have to do is get in touch with it, stop thinking, let things happen, and be the ball.

    Just be the ball, be the ball, be the ball. You're not being the ball Danny.
    Aug 27, 2015. 04:12 PM | Likes Like |Link to Comment
  • Micron And Intel: Non-Volatile Memory Is Exploding [View article]
    as stated previously, I'm a bag holder for the next 2-3 years

    however, I'm going to nickel and dime this ticker to lower my cost basis every chance I get
    Aug 27, 2015. 03:11 PM | 2 Likes Like |Link to Comment
  • Micron And Intel: Non-Volatile Memory Is Exploding [View article]
    amazing how when the markets start acting all psychotic, chatter on this and other sites go silent.

    Pssst, this is when we make money boys and girls!
    Aug 27, 2015. 02:29 PM | 1 Like Like |Link to Comment
  • Why Friday's Price Action On Groupon Says Buy Now [View article]
    "got $285 million in cash from KKR"

    no, they only got $140M (after taxes) for 60% of their TMON operations
    Aug 26, 2015. 10:49 AM | Likes Like |Link to Comment
  • Why Friday's Price Action On Groupon Says Buy Now [View article]
    @Kevin,
    did you ever wonder why most companies stock buybacks are executed poorly?

    GRPN bought back a couple hundred million dollars worth of shares at about $6.40 last quarter.

    Now with GRPN sitting at $4, do you think GRPN will buy any more shares? After all it has over $400M left in its buyback plan.

    Do you know why GRPN will not purchase any shares below $5?

    BECAUSE THE SHARES ARE NOT LEFKOFSKI's OR KEYWELLS

    That alone should tell you what kind of leadership team is running GRPN.

    A bunch of brain dead Umpa Lumpas.
    Aug 25, 2015. 01:54 PM | Likes Like |Link to Comment
  • Why Friday's Price Action On Groupon Says Buy Now [View article]
    " and left the $75 million as an investment in TMON"

    WHY THE HECK WOULD THEY LEAVE $75M in TMON, when after the transaction, they will STILL OWN 41% of TMON?

    Stupid is, is stupid does.

    also,

    "KKR paid $360 million for Groupon's 46% stake, but Groupon only received a net cash amount of $285, and left the $75 million as an investment in TMON."

    Why didn't KKR say they paid $285M and will contribute $75M into the operations? Thus, GRPN would have a significantly lower tax bill.

    When a deal for $360M ends up being only a net gain after taxes of $140M, its a bad deal. Think about it, GRPN received $140M for 60% of its TMON business. In total, using the same valuation metrics, GRPN's total TMON business would rake in $233M. In 1 short year, they LOST A BOAT LOAD OF MONEY on the deal.
    Aug 25, 2015. 12:07 PM | Likes Like |Link to Comment
  • Micron Technology: The Automata Processor [View article]
    You're correct...
    ...perhaps even more valuable than what MU management fed you last quarter
    Aug 24, 2015. 04:46 PM | Likes Like |Link to Comment
  • Why Friday's Price Action On Groupon Says Buy Now [View article]
    Then if GRPN just got $138M for 60% of their TMON business, that infers a value of $92M for the remaining 40% of the TMON business.

    Add those 2 amounts together ($138M + $92M) and we get a total TMON valuation of $230M.

    Otherwise, in just a little more than a year, GRPN was able to spend $260M to acquire TMON, then invest another $122M in its operations for a total of $382M and FINALLY see a market valuation of $230M being applied to it with its divestiture.

    Otherwise, GRPN just lost $150M in 1 year ($382M - $230M)

    Hmmmm and you wonder why I call GRPN's CEO and leadership team (Keywell) a bunch or retarded Umpa Lumpas.
    Aug 24, 2015. 01:27 PM | Likes Like |Link to Comment
  • Why Friday's Price Action On Groupon Says Buy Now [View article]
    I have no clue how to decipher this statement.

    "(ii) the $122.1 million fair value of its retained minority investment"

    So are you telling me the 46% remaining interest of TMON that GRPN has was also taxed???
    Aug 24, 2015. 12:44 PM | Likes Like |Link to Comment
  • Why Friday's Price Action On Groupon Says Buy Now [View article]
    @Kevin,
    "Groupon then sold their majority stake to private equity, netting a gain of $200 million dollars "

    They sold 46% of TMON for $360M

    Yet they ONLY get to register "$202 million pre-tax gain on the sale"

    So let's recap. Say GRPN's US tax rate is 20%. Then it means GRPN got $160M after taxes.

    From the ORIGINAL $360M, GRPN got $160M after taxes.

    That equates to an effective 56% tax rate.

    WTFuzzy.

    So the real question becomes this... WHY DID GRPN IMMEDIATELY REPATRIATE THE CASH to its US operations?

    That move cost them tens of millions of dollars.

    They could have parked the cash offshore in an Asian bank and used the proceeds for Asian operations.
    Aug 24, 2015. 11:34 AM | Likes Like |Link to Comment
  • Micron: Fear, Uncertainty And Doubt [View article]
    @stephen,
    are there any statutes of limitations on that proceeding? as the cavemen are wondering if their wheel infringes on someones patents.
    Aug 21, 2015. 04:21 PM | 5 Likes Like |Link to Comment
  • Seagate And Western Digital Are Compelling Value Investor Opportunities [View article]
    and in the mean time they make about $4 to $7 in annual EPS
    Aug 21, 2015. 02:17 PM | Likes Like |Link to Comment
  • Seagate And Western Digital Are Compelling Value Investor Opportunities [View article]
    This is a more recent glimpse into the market...

    "IHS is predicting SSD demand to continue to grow, going from 83 million units last year to 220 million units in 2019. Meanwhile HDDs will shrink from 442 million to 389 million in the same period. So it will be a while before SSDs overtake their mechanical predecessors."

    http://bit.ly/1PDJHl9

    interesting break down on the chart in the article.

    Note that wdc and stx have only been in the market for around 1 year. They both have deals with micron. Micron is severly laggin in ssd sales compared to sndk and intc. Look for micron to catapult up a few spots during the next couple years.
    Aug 21, 2015. 01:52 PM | Likes Like |Link to Comment
  • Micron: Fear, Uncertainty And Doubt [View article]
    @bob,
    "For a company that is clearly impossible to forecast, they have not tailored their IR narrative to the right audience - which should be the investor community. They either have a very different set of expectations, or they live in a vacuum."

    Bingo!

    FYI,
    if MU was a pharmaceutical company, it would be considered a STRONG buy based on its pipeline of drugs (technology) that will soon be hitting in 2016. However, since its a tech company, investors bail on it.
    Aug 21, 2015. 01:19 PM | 1 Like Like |Link to Comment
  • Micron: Fear, Uncertainty And Doubt [View article]
    "where the consensus was SO wrong"

    MU is not offering guidance. Thus the wrongness on consensus.

    When an analysts has an elaborate model and has generated an annual EPS of 65 cents for MU, we can either agree or disagree with it. However, if MU management has line of sight to see that 65 cents is horribly wrong, it needs to issue a statement to affirm the state of its business. If MU does nothing, then we have to assume 65 cents to $1 is the trend for MU eps.

    If that happens, MU will trade between $8-9
    Aug 21, 2015. 12:13 PM | Likes Like |Link to Comment
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