Cadence is not really an Apple play. They are the biggest suppliers of EDA design tools and Apple makes up a small portion of their revenues. Likewise they are running out of competitors and room to grow.
Qualcomm: A Buy On Strong Mobile Phone Sales [View article]
Qualcomm will have reasonable growth and that's just about all. A slowdown in iPhone sales after iPhone 5 will adversely impact it as will Korea's embrace of other cell standards besides CDMA. Pretty much betting on Qualcomm 2012-2013 is trying to get to the cream without worrying that the cup is about to be empty.
After-Hours: Going Long on Baidu, Shorting Broadcom and Netflix [View article]
Netflix if it opens under $250 may not fall all that much lower. It seems they are trying to lower the bar so far down they can't help but blow away numbers next quarter.
12 Stocks That Could Make 30% This Year [View article]
The way the politicians are playing with the debt ceiling and budget it may not just be military stocks that land hard the end of this year. It increasingly looks like both parties are ramping up the lets make the economy crappy so we can get elected machines. The public is the ones that suffer but apparently the politicians think they are powerless. I don't blame them for this perception since both parties seem not to have their interest in mind leaving the public with no good choices.
12 Stocks That Could Make 30% This Year [View article]
RTN like other military and Aerospace companies may be in for a hard landing as government spending is curtailed. Aside from that the other stocks look interesting save COF just because financials are on shaky ground these days. I won't trust any of their balance sheets given the current lax bank accounting in place. Get rid of off balance sheet accounting and implement mark to market and we can then really separate the wheat from the chaff.
Wall Street Breakfast: Must-Know News [View article]
LOL that is funny. Silver has a long way to run unless someone does a lot to bolster the dollar (reverse QE, get oil prices down, and cut deficit spending). Perhaps a government shutdown isn't so bad for people holding dollars after all.
Another Day, Another Apple NFC Rumor [View article]
If Apple said it avoided NFC in this version of iPhone because it was not proven or widely accepted yet then why would they go with a completely unproven and yet undeveloped solution. Doesn't that seem even riskier?
NFC will most likely be like other technologies; if a solution is not the widest adopted and accepted it will be relegated to dustbin and must be replaced by the most accepted solution. For that reason, NXPI being the widest adopted and most implemented NFC solution now, is being designed into most new mobile applications. Broad adoption of it will avoid the multi-year pitfalls of a long drawn out standards war. I certainly hope if Qualcomm develops their own technology it will be compatible with others and not spark another TDMA/CDMA type war requiring users to have mass headaches over what to use.
Don't Be Fooled by Broadcom's Reaction to Q4 Results [View article]
With so much good news it may be hard for it to hit new highs on good news. Of course if the market keeps rising all boats rise with the tide but also fall with it later.
Sadly the market got hit but the damage is really company specific. Cisco is Cronus with no kids (other networking companies) to eat anymore. It will be hard and costly for them to buy and digest the remaining ones not to mention raise some eyebrows about anti-trust. Cisco wants to join Microsoft and be a monopoly but isn't yet thank goodness. Instead it is suffering from its massive size. Growing over 10% consistently will be hard if not impossible for them this decade.
High Conviction: A Tech Stock at the Epicenter of Growth and Innovation [View article]
QCOM may be a value investor buy but please don't call it the forefront of growth and innovation. It lags the tech sector and is composed of a bunch of attorneys suing people. They are patent whores that try to patent everything so as to block technological innovation unless you pay them a fee. Most of these such patents are hotly contested.
If they were truly innovative they would actually want to use them or be willing to cross license with others to make better and better electronics. Now that their money machine has been hobbled by other big mobile device players working together their stock has languished.
The reason they have so much cash is because management can't figure out how to use it besides trying to keep existing users hooked on CDMA as opposed to a more sane GSM (the now recognized global standard). They did have a growth phase when they sold CDMA to the Chinese after selling CDMA to S. Korea under the guise that they can also use it for their military because the Chinese didn't have the technology (Korea refused to pay the license fee until they got a new version of CDMA for free). I bring up this tale just to show you what type of company Qualcom is. They also use the US government to try to arm twist foreign nations into using their standards but have largely failed as of recently probably because the US government has bigger foreign issues than asking its diplomats to get foreign heads of states to push their technology.
For me, sure if tech rises QCOM will also rise, but I would not consider it a shinning star of innovation and can't even be put in the league of the likes of Apple as the stock's performance bears out. This is no conviction buy, it sounds more like the wishful thinking of someone who already owns it and is crying because it has been treading water for years on end. It was an early 2000's story not a story that will dominate this decade.
I obviously don't own this stock and don't have any short positions in it simply because the volatility isn't worth being in this stock at all and because it trails the more innovative tech sector as a whole.
Volume Tapers Off as Traders Become Defensive [View article]
Maybe the title should be "Volume tapers off as machines become defensive."
Machines decided not much trading was neccesary except the last hour of trading to pull up the dow. As HAL 2000 put it, "What use is trading except at the end of the market anymore? I can churn more volume in 1 minute than all the little humans can all day with less capital than a small sized bank. Also, if I determine the prices at the end of the day my 1 minute of trading lasts a good 16 hours plus my handlers can clean up all the imbalances in after hours trading I purposefully caused to everyone."
Surviving Semi Downturn: Five Stocks That Will Thrive After 2009, Part II [View article]
Everyone is entitled to their opinion. About Qualcomm, perhaps he sees it as a bloated firm run by a bunch of attorneys peddling a technology no one would cry for if it dissapeared off the face of the earth tomorrow. Or perhaps he likes it's balance sheet and current revenues despite having to wage legal warfare every day of its existence and beg the government to try to strong arm other countries into adopting their technology. Either way, it's the author's choice. He already listed over 10 fine companies. Need he list 100?
I don't own Qualcomm nor short it nor do I own any of these companies at this point in time. I owned XLNX, AMAT, LLTC, TXN, LSCC, and ALTR before but now am not long or short them.
Semi Shortage: Why I'm Waiting It Out [View article]
Hmmm semi's have been burning their Capex cash and killing expansions and upgrades. This is not a sign of health. But at least they were smart and raised cash when the going was good. The bad fact about this is none of them are going under so the ones remaining can feast on their carcasses like the previous downturns.
As for AMAT, it is still too overpriced due to it's solar play which is such a tiny fraction of it's business it's laughable. If solar will bail them out, then that means the semi equipment market has ceased to exist.
Cadence Grows Alongside Apple's Supply Chain [View article]
Qualcomm: A Buy On Strong Mobile Phone Sales [View article]
After-Hours: Going Long on Baidu, Shorting Broadcom and Netflix [View article]
13 Stocks to Profit From the Release of the Next iPhone [View article]
12 Stocks That Could Make 30% This Year [View article]
12 Stocks That Could Make 30% This Year [View article]
Wall Street Breakfast: Must-Know News [View article]
Another Day, Another Apple NFC Rumor [View article]
NFC will most likely be like other technologies; if a solution is not the widest adopted and accepted it will be relegated to dustbin and must be replaced by the most accepted solution. For that reason, NXPI being the widest adopted and most implemented NFC solution now, is being designed into most new mobile applications. Broad adoption of it will avoid the multi-year pitfalls of a long drawn out standards war. I certainly hope if Qualcomm develops their own technology it will be compatible with others and not spark another TDMA/CDMA type war requiring users to have mass headaches over what to use.
Don't Be Fooled by Broadcom's Reaction to Q4 Results [View article]
Where Cisco's Impact Hit Hardest [View article]
High Conviction: A Tech Stock at the Epicenter of Growth and Innovation [View article]
If they were truly innovative they would actually want to use them or be willing to cross license with others to make better and better electronics. Now that their money machine has been hobbled by other big mobile device players working together their stock has languished.
The reason they have so much cash is because management can't figure out how to use it besides trying to keep existing users hooked on CDMA as opposed to a more sane GSM (the now recognized global standard). They did have a growth phase when they sold CDMA to the Chinese after selling CDMA to S. Korea under the guise that they can also use it for their military because the Chinese didn't have the technology (Korea refused to pay the license fee until they got a new version of CDMA for free). I bring up this tale just to show you what type of company Qualcom is. They also use the US government to try to arm twist foreign nations into using their standards but have largely failed as of recently probably because the US government has bigger foreign issues than asking its diplomats to get foreign heads of states to push their technology.
For me, sure if tech rises QCOM will also rise, but I would not consider it a shinning star of innovation and can't even be put in the league of the likes of Apple as the stock's performance bears out. This is no conviction buy, it sounds more like the wishful thinking of someone who already owns it and is crying because it has been treading water for years on end. It was an early 2000's story not a story that will dominate this decade.
I obviously don't own this stock and don't have any short positions in it simply because the volatility isn't worth being in this stock at all and because it trails the more innovative tech sector as a whole.
Volume Tapers Off as Traders Become Defensive [View article]
Machines decided not much trading was neccesary except the last hour of trading to pull up the dow. As HAL 2000 put it, "What use is trading except at the end of the market anymore? I can churn more volume in 1 minute than all the little humans can all day with less capital than a small sized bank. Also, if I determine the prices at the end of the day my 1 minute of trading lasts a good 16 hours plus my handlers can clean up all the imbalances in after hours trading I purposefully caused to everyone."
Surviving Semi Downturn: Five Stocks That Will Thrive After 2009, Part II [View article]
I don't own Qualcomm nor short it nor do I own any of these companies at this point in time. I owned XLNX, AMAT, LLTC, TXN, LSCC, and ALTR before but now am not long or short them.
Semi Shortage: Why I'm Waiting It Out [View article]
As for AMAT, it is still too overpriced due to it's solar play which is such a tiny fraction of it's business it's laughable. If solar will bail them out, then that means the semi equipment market has ceased to exist.