Thursday, October 25, 2012
Lance Armstrong's Kindergarten Grades to be Reviewed
http://sports.yahoo.com/news/armstrongs-marathon-results-likely-erased-192013026--spt.html
Lance Armstrong's fall was faster than Facebook after the IPO and the lost valuation of his brand is huge.
Thursday, October 4, 2012
Hewlett Packard is a $5.00 Stock.
Here is an interesting article on the recent timeline of Hewlett Packard.
http://www.cbsnews.com/8301-505250_162-57525464/key-moments-in-hewlett-packards-recent-history/
It is interesting to note that the timeline starts with the announcement to purchase Compaq Computers in Sept of 2001 rather than the hire date of Carly Fiorina in July of 1999.
It should be noted that when a large portion of stakeholders are screaming, "NO". It should be listened to. The Compaq merger proxy vote gathered just a little over 50% support from HPQ. That means just under 50% thought it was a bad idea.
Meg Whitman was recently quoted
"I'm confident that 2013 will be the bottom of the turnaround and then you can look forward to good growth in 2014 and 2015 as those products kick in," she told CNBC's "Squawk on the Street" program. "The investments we're making in things like (information technology) systems, in our sales organization, in training, those things will start to kick in and I really think 2014 is going to be quite a bright year for H-P."
There is no reason to believe any of this is more that a desperate attempt to find...IT. I do not mean Information Technology but rather the next IT. The next wave of technology that will keep moving forward.
http://www.cbsnews.com/8301-505250_162-57525464/key-moments-in-hewlett-packards-recent-history/
It is interesting to note that the timeline starts with the announcement to purchase Compaq Computers in Sept of 2001 rather than the hire date of Carly Fiorina in July of 1999.
It should be noted that when a large portion of stakeholders are screaming, "NO". It should be listened to. The Compaq merger proxy vote gathered just a little over 50% support from HPQ. That means just under 50% thought it was a bad idea.
Meg Whitman was recently quoted
"I'm confident that 2013 will be the bottom of the turnaround and then you can look forward to good growth in 2014 and 2015 as those products kick in," she told CNBC's "Squawk on the Street" program. "The investments we're making in things like (information technology) systems, in our sales organization, in training, those things will start to kick in and I really think 2014 is going to be quite a bright year for H-P."
There is no reason to believe any of this is more that a desperate attempt to find...IT. I do not mean Information Technology but rather the next IT. The next wave of technology that will keep moving forward.
Sunday, September 30, 2012
The Seven Habits of Spectacularly Unsuccessful Executives
http://www.forbes.com/sites/ericjackson/2012/01/02/the-seven-habits-of-spectacularly-unsuccessful-executives/
I found this article the other day when I was checking the stock price of Yahoo. (No Joke)
I thought it was very good even thought the...." 7 habits of.....(fill in the blanks)" is by now warn weary.
Re: Yahoo....I am not sure where all this internal leaking of detail regarding Mayer's tenure and decisions are coming from, but it can not be good for confidence levels to have this information in the news every week.
Also, I think the stock market has voted on the likely success Yahoo will have under Mayer. I think it is probably too late for Mayer to review Habit #4 anyways.
I found this article the other day when I was checking the stock price of Yahoo. (No Joke)
I thought it was very good even thought the...." 7 habits of.....(fill in the blanks)" is by now warn weary.
Re: Yahoo....I am not sure where all this internal leaking of detail regarding Mayer's tenure and decisions are coming from, but it can not be good for confidence levels to have this information in the news every week.
Also, I think the stock market has voted on the likely success Yahoo will have under Mayer. I think it is probably too late for Mayer to review Habit #4 anyways.
End of Sept
S and P 500 14.56%
Buy List 10.24%
Covered Call List is 8.43%
No October Options bought either.
Buy List 10.24%
Covered Call List is 8.43%
No October Options bought either.
Tuesday, September 4, 2012
August +1 Final
I realized this morning that I did not update the buy list through August. So I will do it now.
S&P 500 11.72%
Buy List 9.63%
Option List 8.62%
Do recall that the option list has rarely had more than 50% invested. Right now we are 25% invested.
S&P 500 11.72%
Buy List 9.63%
Option List 8.62%
Do recall that the option list has rarely had more than 50% invested. Right now we are 25% invested.
Saturday, September 1, 2012
Public pension funds stung by Facebook's falling stock
Really????
http://www.latimes.com/business/la-fi-0901-facebook-pensions-20120901,0,444913.story
This article is about public pension funds buying Facebook at the IPO and......(well you know the story..)
Where were the risk managers?
The California Public Employees' Retirement System, the country's largest public pension, refused to reveal how many shares it bought in the IPO. CalPERS had 557,140 Facebook shares on May 23 and more than doubled its stake to 1.3 million shares as of this week, according to a spokeswoman.
The California State Teachers' Retirement System bought about 500,000 shares in the IPO — worth about $19 million — and sold them when the price briefly popped on the first day. CalSTRS made about $250,000 on the sale, a spokesman said.
CalSTRS has since loaded up on 1.2 million Facebook shares, a stake that has cost the pension fund about $17 million in paper losses, a spokesman said.
"As a patient, long-term investor with a 30-year investment horizon we believe that over time, the stock and the company should perform well," CalSTRS spokesman Michael Sicilia said in an email.
Not only are government agencies criminals in their pension obligations, They are day-trading what they have left.
If you read the comment by CalSTRS spokesman...."with a 30 year investment horizon..." and then the paragraph that states "...and sold them when the price briefly popped on the first day. CalSTRS made about $250,000 on the sale, a spokesman said." I would like to know if they were the same spokesman?
In the paragraph regarding the stake held by CalPERS. It sounds like they are trying to dollar cost average their way out of a loss. That only works if the stock drops and then rises. If the stock drops and then keeps dropping then you just plain lose.
http://www.latimes.com/business/la-fi-0901-facebook-pensions-20120901,0,444913.story
This article is about public pension funds buying Facebook at the IPO and......(well you know the story..)
Where were the risk managers?
The California Public Employees' Retirement System, the country's largest public pension, refused to reveal how many shares it bought in the IPO. CalPERS had 557,140 Facebook shares on May 23 and more than doubled its stake to 1.3 million shares as of this week, according to a spokeswoman.
The California State Teachers' Retirement System bought about 500,000 shares in the IPO — worth about $19 million — and sold them when the price briefly popped on the first day. CalSTRS made about $250,000 on the sale, a spokesman said.
CalSTRS has since loaded up on 1.2 million Facebook shares, a stake that has cost the pension fund about $17 million in paper losses, a spokesman said.
"As a patient, long-term investor with a 30-year investment horizon we believe that over time, the stock and the company should perform well," CalSTRS spokesman Michael Sicilia said in an email.
Not only are government agencies criminals in their pension obligations, They are day-trading what they have left.
If you read the comment by CalSTRS spokesman...."with a 30 year investment horizon..." and then the paragraph that states "...and sold them when the price briefly popped on the first day. CalSTRS made about $250,000 on the sale, a spokesman said." I would like to know if they were the same spokesman?
In the paragraph regarding the stake held by CalPERS. It sounds like they are trying to dollar cost average their way out of a loss. That only works if the stock drops and then rises. If the stock drops and then keeps dropping then you just plain lose.
Wednesday, August 29, 2012
How to kill your own business model...
http://articles.marketwatch.com/2012-08-28/markets/33439500_1_lexmark-market-for-inkjet-printers-inkjet-products
Lexmark announces that they are exiting the printer business..
“It’s symptomatic of an industry that’s under a lot of pressure,” De Silva said. “It’s sort of the culmination of [Lexmark’s] strategy, to exit inkjet altogether. People are printing and printing less, and not just in the consumer space.”
Let us take a look at this...Without any scientific study except for my family I will tell you why people print less. Because ink cartridges are such a rip off. My children would print all day long...Music and pictures.
Printing is fun. Reading from pages is easier than reading from a computer. But our printer is only hooked up to one computer and only necessary work can be printed. It has long been noted that printer companies practically give away the printers to sell the ink cartridges and now people hate paying $30.00 for a $5.00 ink cartridge.
It reminds me a merry-go-round at the mall near my home. My children loved it, but a ride was $2.00 for about 2 minutes. We are talking about $60.00/hour for fun and that is not cheap. Usually the merry-go-round was mostly empty. They would get 1 ride only and then we stopped going near the merry-go-round because it was so expensive. Now if they lowered the price of the ride to $.50 cents, I would let the kids ride it 6 times and so would all the other parents who had some shopping to do. The ride would be filled and I would happily let my children ride the merry-go-round until they were dizzy.
It is the old reverse capitalism model. If business is slow, raise prices to make up for lost profits...
Just as I would let my children wall paper their rooms if ink did not cost so much.
Lexmark announces that they are exiting the printer business..
“It’s symptomatic of an industry that’s under a lot of pressure,” De Silva said. “It’s sort of the culmination of [Lexmark’s] strategy, to exit inkjet altogether. People are printing and printing less, and not just in the consumer space.”
Let us take a look at this...Without any scientific study except for my family I will tell you why people print less. Because ink cartridges are such a rip off. My children would print all day long...Music and pictures.
Printing is fun. Reading from pages is easier than reading from a computer. But our printer is only hooked up to one computer and only necessary work can be printed. It has long been noted that printer companies practically give away the printers to sell the ink cartridges and now people hate paying $30.00 for a $5.00 ink cartridge.
It reminds me a merry-go-round at the mall near my home. My children loved it, but a ride was $2.00 for about 2 minutes. We are talking about $60.00/hour for fun and that is not cheap. Usually the merry-go-round was mostly empty. They would get 1 ride only and then we stopped going near the merry-go-round because it was so expensive. Now if they lowered the price of the ride to $.50 cents, I would let the kids ride it 6 times and so would all the other parents who had some shopping to do. The ride would be filled and I would happily let my children ride the merry-go-round until they were dizzy.
It is the old reverse capitalism model. If business is slow, raise prices to make up for lost profits...
Just as I would let my children wall paper their rooms if ink did not cost so much.
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