get in while it is cheap. This kinect program has unlimited applications, just like what apple did for iphone touchscreen. There will be countless applications on our way, and msft owns it. This is a multitrillion dollar company in the making. xbox one, two, three, etc.....just like iphone 1, 2, 5s etc.
I would not be surprised if this hits $100/sh by the end of the year when they finally have consumers lining up at the doors waiting for their first xbox one.
Gotta be stupid to short at a major event like this. Or big balls. We will see what happens after 10 am pacific. I am betting it will fly
20 cents pop at the last 10 minutes of trading, either institutional support or frenzie of buying from insiders who already had a sneak preview of the new Xbox before the conference. Either way, it is awesome to be longs.
sooner than you think. The reason why msft is drawing a line now is because you have a trade nearly at the 5 year peak. Investors are porobably selling some and holding on to some, not want to take the entire risk on Xbox's promise.
But once xbox is revealed, after 8 years of careful planning, investors will realize this is more than just a game consule. This is a box that allows msft to monopolize the market-- in games, internet, skype, movies , music, and TV. And it has kinect motion sensing for keyboard and games. The movie, minority report is becomming a reality.
Crammer just recommended a buy, we all know where this is going from here: downward drop without a peek up.
look under active projects: 500 MW x2 and a 300 mW. How the heck are they going to support themselves a year from now? These #$%$ of management. Amazing how they lie. This reminds me of Bill Clinton looking straight at the cameras and telling the whole world, "I did not have sex with MOnica Sewinski". It is that convincing. Fools gold!!! By 2014, this will be under $10
20 points down the toilet she goes.
yes, we saw that, they bought a number of dead projects. Still these projects that they bought from other BK companies, even if miniminally profitable, account for a spit in a bucket in a grande scheme of $4-5 b
this reminds me of the movie, "Arbitrage" by Richard Gere, which he borrowed 400 million from his friend to just make his company look profitable but actually the company was on the brink of bankruptcy.
Amen to that brother! You can't be anymore accurate. Before April 9th, I was long and thought about investing into this company for long haul. However, after the #$%$ that they pulled on that day, I just can't believe anything they say anymore. Longs are investing in fools gold!!! They will be blindsided, and all they will say is, "sorry, we thought we could land some contracts but they didn't materialize" Down she goes. The VP of Sales is the only guy in management that had any moral obligation, he resigned before April 9th. Bravo to that guy, he defended his principal and high moral grounds. We need more people like him in this world.
Even if that was true, 300 MW is a spit in a bucket in the grande scheme of 4-6 GW of new contracts in order to justify $4-5 billons/yr revenue for the nextt 3 years.
If, you don't believe in what I said, go to their website and look at the remmaining projects to be completed by 2015. 1.3 GW of pipeline left. OMG!!!
laying off 150 to cut cost? valid, but usually when a company downsizes, it means they don't have work for those people. Again, it brings me to the same question that every analysts want to know, how the heck is fslr going to make $4-5 billions/yr of revenue? There hasn't been any new contracts in 6 months; they are laying off workers, and their Q1 revenue was just over $700 millions.
module business, fslr can NOT compete. High efficiency panels and space constraints in residenctial areas will go spwr and Si based panels. PV can only compete in solar plants, where PV is cheaper and realestate is almost unlimited. Thus, it begs the question: where are the new contracts? 4-6 GW worth?
facts and figures? Do you read? I just gave you all the facts and numbers that you need. It is management who fail to justify their guidance. Perhaps you should ask them where are the facts to justify an annual revenue of $4-5 billions.
OK, if you wan to be precise about things. Let's extrapolte Q4 to determine how much they actully burned. Q4 they made $1100 millions, burned 679 MW of pipeline. 1MW= $1.6 Thus, in Q1 they made 780 million$, they burned 487 MW. Thus 2.3 GW -. 487 GW= approx 1.8 GW left in pipeline. Now spread that over 2.5 years till 2015. Good luck in jusftifying your annual revenue of $4-5 billions.
BTW they also laid off 150 employees during Q1 conferece. Does this sound like they are booking more? Longs hedge funds can manipulate and scare short coverages but the fundamentals is going the opposite.