Analyst Christopher Rolland explains the rating: "ARM's products offer a unique value proposition allowing hundreds of customers, through the payment of license fees and royalties, access to power-efficient processor architecture and IP. Therefore, the "ARM collective" essentially shares in the development costs of the technology, allowing niche semiconductor design firms to compete in markets previously influenced by insurmountable development costs and economies of scale. The business model, along with the low-power benefits of the ARM architecture, has been transformational in the rise of the fabless semiconductor model, which we believe poses a disruptive threat to today's largest semiconductor incumbents. Indeed, the industry has found a new standard, and ARM should benefit through outsized growth in license and royalty revenues over the next decade. Overall, we believe ARM has priced its technology inexpensively, effectively accelerating ecosystem growth and driving critical mass. In addition to higher volumes, as the complexity of systems on a chip (SoCs) naturally grows, ARM should successfully extract a higher royalty rate by providing next-generation technologies that quickly become the new table stakes for the industry (64-bit, big.LITTLE, and others). We are initiating coverage of ARMH with an Outperform rating and a $62 price target, or 37x (adjusted for cash) our 2015E EPS, lofty but appropriate in our view given the high quality and expected growth in earnings."
Qualcomm Inc said on Monday it will make smartphone chips with 64-bit features typically found in personal computers, following Apple Inc and opening the way to more efficient mobile gadgets.
Qualcomm said its new Snapdragon 410 component will also include 4G cellphone connectivity technology and be aimed at the fast-growing Chinese market, where it should start appearing in low-cost smartphones in the second half of 2014.
Along with 4G, 64-bit technology will become standard across Qualcomm's products, said Michelle Leyden Li, a Qualcomm senior director in charge of marketing its Snapdragon line.
Led by Apple's iPhones, the smartphone industry's evolution toward 64-bit chips reduces the gap between low-power mobile processors and punchier chips used in laptops, desktop PCs and servers.
Samsung Electronics Co Ltd has also said it plans to use 64-bit processors in its smartphones.
Processors with 64-bit features can take advantage of more memory than 32-bit processors now found in most mobile devices, potentially letting them work faster and more efficiently.
Current smartphones don't have enough memory to give 64-bit processors an advantage of 32-bit chips, but future phones probably will include enough memory to give the 64-bit processors a performance boost.
Taking advantage of 64-bit processors also requires changes to software originally designed for 32-bit processors.
"It's a little bit chicken and the egg," Leyden Li said. "We see this transition happening and we want to be there to help enable the ecosystem."
In September, Apple unveiled its first iPhone made with a 64-bit processor, leading to speculation the company plans to merge its iOS mobile platform with the operating system used for its Mac laptop and desktop personal computers. Future Macs could be built with the same line of chips Apple that uses in its iPhones and iPads.
Intel Corp already includes 64-bit features in its mobile chips but the compan
quiet with the truth and optimism stuff so we can take advantage of the fools who sell and buy some more BELOW $10!
the dilution (analyst screwup) will cause a drop in SP tomorrow and give us a buying opp below $10
by midday this will be back to 11 IMHO
On Wednesday, Bakken cash crude oil prices at the Clearbrook, Minnesota, hub traded at $14 a barrel below U.S. futures, or $79.75 a barrel. They touched $77.90 on Nov. 5, the lowest since July 2012.
When the net present value of incremental dividend stream that BRY shareholders will receive is taken into consideration, the value of 1.25 LNCO for 1 BRY, is ~$70.
The NPV of the incremental dividend stream that they will receive over the next ten years, ($3.08 x 1.25) – 0.32, discounted by an interest rate of 10% is $21.69; at an interest rate of 0% it is $35.30.
The value of the stock value component will be worth $30 to 36 share price of LNCO x 1.25 or $37.50 to 45.00.
Add the stock price of $37.50 - 45.00 plus the NPV of the incremental dividend stream, $21.69 - 35.30, the transaction is worth $59.19 - 80.30. Split the difference and the value is ~$70.
This is how institutions and mutual funds will be looking at the deal.
Held through the debacle, patience of Job, bought more at $25, scooping distribs-drippin. Same story with ALU-at one point was down 90%-patience and DD is the key to investing-and luck. GLTA longs.
Sentiment: Strong Buy
CANT HELP BUT LMAO LOL
Intel Makes 14nm ARM for Altera
10/29/2013 02:00 AM EDT
SAN JOSE, Calif. – Altera's deal in June to use Intel's 14 nm FinFET process took an interesting twist when the FPGA designer announced today it will pack ARM's 64-bit cores into its chips. That means Intel will fabricate starting in 2014 high-end Altera Stratix 10 parts that use four ARM Cortex-A53 cores.
Altera says the Stratix 10 devices -- which will also have embedded DSPs and other logic -- will be its highest performance parts to date. They target a broad range of apps from search engine accelerators to communications data plane processors and radar guidance and security processing.
The deal may give Intel pause about its outsourcing strategy. To date the chip giant has experimented with offering its leading-edge fab processes as foundry services to a handful of chip designers, Altera being one of its largest planned customers to date.
traders that bought in the low 20's taking profits rather than brass balls it out. See this all the time in biotechs and pharmas on build up to FDA decision. I'm optimistic about both earnings and SEC and BRY deal. Will hold a few more years. If I'm wrong-well it will be a buying opp--and distribs keep pourin in.
LINN Energy, LLC (Nasdaq:LINE) ("LINN" or "the Company") and LinnCo, LLC (Nasdaq:LNCO) ("LinnCo") announced today that it anticipates issuing its earnings press release for the three months ended September 30, 2013 and filing its Quarterly Report on Form 10-Q for the three months ended September 30, 2013, with the Securities and Exchange Commission ("SEC") after market close on October 28, 2013. The Company's earnings press release, Quarterly Report on Form 10-Q and additional supplemental information will be available on the Company's Investor Relations website
whatever one may think of cramer he didn't do anybody any favor with that call. by the time most retailers can buy on the SEC news the price will rise so fast (IMO) that they will lose out on the great buy that is possible even now. Of course cramers call is the "safe" option for his tv audience, but if i wanted to be safe i'd buy t-bills _or wait maybe not--with tea partiers reay to trash our credit worthiness!