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  • Twitter At $10?  [View article]
    I wonder what percentage of Twitter's MAU are from the third world? From the perspective of monetization, Indian and other third world traffic is worth at most 5% of U.S traffic. Not all users are created equal in the eyes of advertisers.
    Feb 12, 2016. 01:41 PM | 1 Like Like |Link to Comment
  • Facebook beats by $0.11, beats on revenue  [View news story]
    Great quarter by Facebook, but let's keep things in perspective. FB had revenue of 5.4 billion. Apple had PROFITS of more than 18 billion. Facebook will probably never eclipse Apple in either category.
    Jan 27, 2016. 04:46 PM | 4 Likes Like |Link to Comment
  • Apple: The Music Will Stop Eventually  [View article]
    Today I went to the mall. The Apple store was packed on a Wednesday afternoon. The Microsoft store? I'll let you guess. By the way, this was in Seattle.
    Oct 28, 2015. 06:48 PM | 12 Likes Like |Link to Comment
  • Why You Should Not Sell Your Oil Stocks At A Loss  [View article]
    The price of the oil majors still reflects the expectation that prices will quickly rebound. XOM is only 2% lower than it was trading on October 15, when oil was $75. The pain is probably only beginning for the oil majors.
    Dec 16, 2014. 12:45 PM | 2 Likes Like |Link to Comment
  • Barron's gets bullish on Cisco  [View news story]
    In ten years, it will have something like $30 in cash per share.
    Jan 12, 2014. 04:28 PM | Likes Like |Link to Comment
  • Cisco: What Should Investors Do Now?  [View article]
    What exactly would those be?
    Dec 3, 2013. 12:39 PM | Likes Like |Link to Comment
  • GM is finally returning to the S&P 500: the auto giant will replace Heinz (HNZ), which is getting acquired by Berkshire Hathaway and 3G Capital. GM +4.7% AH.  [View news story]
    If the government had allowed GM to collapse, how exactly were those bondholders supposed to get paid back? Go take your political trolling somewhere else. GM's comeback is one of the great success stories of the last 5 years.
    Jun 3, 2013. 07:15 PM | 4 Likes Like |Link to Comment
  • Apple (AAPL +0.7%) plans to start "production of a new iPhone similar in size and shape" to the iPhone 5 in calendar Q2, setting up a "possible summer launch," the WSJ reports. The paper adds Apple is working with partners on a cheaper iPhone with a 4" display and "different casing" than the iPhone 5, and that a 2H launch for the device is possible. Both scoops mesh with iPhone rumors (I, II, III) that have been floating around in recent months. Samsung's Galaxy S IV, replete with a 5" display, is expected to go on sale in late April and May (depending on the market).  [View news story]
    Some of us put the phones in our pockets and not our European carry-alls.
    Apr 2, 2013. 08:32 PM | Likes Like |Link to Comment
  • How Much Should You Pay For Apple?  [View article]
    Uh, in three years Apple will have $250 per share IN CASH.
    Jan 31, 2013. 05:42 PM | 8 Likes Like |Link to Comment
  • Apple (AAPL) is taking it on the chin again this morning as chatter about weak iPhone 5 demand in China, and UBS taking its price target on the stock down to $700 from $780 has the shares off 2.2% premarket.  [View news story]
    Who cares? I don't want Apple to manage expectations or massage earnings. Let the traders suffer. Apple doesn't owe them anything, and I plan on holding for years at least.
    Dec 14, 2012. 12:29 PM | Likes Like |Link to Comment
  • Cisco: Everything Is Priced In  [View article]
    Exactly. In the next 5-7 years, CSCO will have cash flows equal to its entire enterprise value.

    If we give CSCO a reasonable valuation of 15x cash flow + net cash, it should trade at around $35.
    Dec 14, 2012. 12:57 AM | Likes Like |Link to Comment
  • Cisco: Everything Is Priced In  [View article]
    If you use a 14% discount rate, then there is a not a single stock that is not "overpriced" according to your analysis.
    Dec 14, 2012. 12:52 AM | 1 Like Like |Link to Comment
  • Apple Trading At 2.56x 2016 Cash Flow  [View article]
    In four years that $335 billion is only going to be worth $320 billion. Run for the hills!
    Dec 11, 2012. 02:44 AM | 3 Likes Like |Link to Comment
  • Apple Trading At 2.56x 2016 Cash Flow  [View article]
    Any prediction for the future is a guess or an assumption. In your language, how does one "professionally" make projections for the future? This would be a very pointless site indeed if no one tried to anticipate future earnings.
    Dec 11, 2012. 02:37 AM | 3 Likes Like |Link to Comment
  • Apple Trading At 2.56x 2016 Cash Flow  [View article]
    "Growth through 2016 was baked into the $700 share price"

    Are you kidding me? A company that trades at less than 10x cash flow (net cash) doesn't have any growth baked in. In fact, the only way that $700 a share make sense is if we assume declining profits.
    Dec 11, 2012. 02:32 AM | 1 Like Like |Link to Comment