I posted the same question a few months ago,... no response. I'm pretty sure he is out and gone. I think as a courtesy to some of us big time longs he would have posted something, even if he didn't want to go into a detailed analysis. This guy was spot on, the best. He would really help us if he was here. I think I saw him at an AFAM annual meeting in Louisville one time,... Only 10-15 people there. I would think at $25 a share, we're at a strong buy point,... but Seven would know for sure.
Why? One less competitor, maybe AFAM could pick them up on the cheap. AFAM has little to no debt, has been cleared by the Senate, I just don't see what the down side is to AFAM.
All on this thread have made a good call and are accurate. I've been around this one for a while, the % return I think will be excllent, it's just the time frame I'm impatient on.
I may be wrong, but it seems as if HP personal computer sales are higher than only a 5% market share. Just in my local Best Buy, HP seems to be 60 to 70% of their PC product mix. It was after all over 1/3 of HP total revenue.
For better or for worse, HP sold a lot of PC product. Instability anywhere on the PC side will cause more average Joe's like me go to the Apple side.
I'm not sure MSFT should buy the HP PC unit, see both sides there, but this HP news is bad for sure as you saw MSFT down Friday on up volume.
Oh it will be lower, but it's the long term future of this company that is in the tank. Short term? There will be some trade and "bounce" opportunities. Be very agile.
I bought many HP products over the years, need to buy another PC now too. I'll go ahead and buy and Apple and start to make that transition completely. This will be blow to Microsoft too. HP is just a lost company. You could see it happening over the years with its crazy Board issues, the CEO must be an emotional mess.
You are exactly right! They're Dead Man Walking. DELL will benefit even though the are a POS for service IMO.
Thanks for posting and sharing. You offer unique insight. Unfortunately, I am too heavily weighted toward AFAM and I'm paying a price for that now So many things are in their favor now, demographics, consolidation, etc... but they have things working against them too (mostly politicians who know little of the specifics of this industry).
You don't think Seven bailed and we didn't know about it do you?
He should work as an analyst for some of those companies that follow AFAM.
I picked some up too. I really think this one overly affected, at least hoping. Down now over 50%, so I'd say they have paid the penalty.
Hey, you know what ever happended to Seven? Needless to say, that guy was the best. Any idea?
Hmmmm. The bill is 2074 pages long and I've read quite a bit of it. (It is available on cspan.) You may think the posters here are being silly, that of course is your right, but frankly if you think there are not significant changes in our health delivery system, you my friend are very naive. (I just love to do that John McCain.) Where do you think the $132 billion deficit savings come from? Please dude, do some reading to educate yourself.
I hope you're right, but frankly I don't trust them. I heard Senator McConnell say home health and Medicare got drilled, hard to say who to believe, after all it is Washington. I'm suspect on the Dems as I do think they're trying to be slick on this 1 a.m. vote thing right before Christmas.
What? You're nuts! There are massive cuts to home health care in the democratic bill. The one reason this sector has been going up is because all thought the bill was dead. I haven't seen the details, but home health care and medicare cuts are the welfare that pays for free care for the poor. I think AMED and others could be smoked.