Prediction: The debt ceiling will not be raised by August 2, 2011. [more]
So there has been a lot of moo-mooing about Cisco's margin compression, loss of competitive edge, etc. I have been intending to write a more detailed post about the HP issue for some time, but have not had time. So the occassion of JNPR's 20% drop today is prompting me to write this up. Here are a few thoughts: [more]
"Kay: We do not discharge our weapons in view of the public!
Jay: Man, we ain't got time for this cover-up bullsh!t! I don't know whether or not you've forgotten, but there's an Arquillian Battle Cruiser that's about to...
Kay: There's always an Arquillian Battle Cruiser, or a Corillian Death Ray, or an intergalactic plague that is about to wipe out all life on this miserable little planet, and the only way these people can get on with their happy lives is that they DO NOT KNOW ABOUT IT!" [more]
This company looks very undervalued to me, and has recently experienced a significant drop. The FCF margin is absurd. The industry is good and growth, assuming macro-trends continue, looks good. Competitive position looks fairly good. I understand that taxes are going to go up. Etc. I am trying to learn more about the business. Can anyone give insight? [more]
I'm usually no big fan of Cramer. But somebody forwarded this to me. And. It. Is. Classic. Three Fukushim-irradiated thumbs up. [more]
I hate banks. But in my view Bank of America is looking stupid cheap at this point. [more]