totally agree that CREE should have disclosed this risk specifically, in the annual report, along with the pages of blathering "risks" boilerplate that every company publishes.
MB continues to sell about 3% of holdings each year in more-or-less daily trades of equal size. His stake continues to grow, since the stock goes up more than that per year, plus, he gets options as CEO.
They had to revalue their investments in startups, and other big investors in startups will be forced to do the same by GAAP. Question is, how does CRM carry these assets on its books? Will they have to revalue down?
I could easily see a brief spike down here and in other big startup investors. Already bought GOOGL.
acquisition is the sincerest form of flattery ?
Hate to go to "Hold" but it isn't far to resistance now
lol i am up 5% from 10.07 in one day, i guess u call that "losing" and u think Charlie Sheen is "winning".
Since when are government a major source of bookings for CRM? Now.
The mundane nuts-and-bolts of running the government are similar to businesses; but the sales process could not be more different. These contracts are very good news.
CRM opened 73 today. IMO, if we hold 73 at the close, we set a medium-term higher-high, and we can confidently expect a test of the 77-80 area. This catalyst is active!
CRM remains my largest holding, but I've had twice as much, at times ; wishing I had held, of course.
(continued) the drug is approved - usu the pros and computers bid it up before one can get in
you called the exact moment - of the turn upwards. They can't all be gems - always happens to me too. Posted my buy today at 10.07 , but a 5% retrace up might get me to trim sail.
disagree because the move isn't momo, it's a steadily growing business that just ensured the next step will succeed - with some delay first. Best opportunity I have ever seen to buy the maker after
It's a "conspiracy theory" without evidence. But stranger things have happened, at the intersection of Wall $treet and Regulation Ave.
It is a surprising record , esp when they raise target 33% 21-28 and still say Hold
The sensational headline - "Billions in off-balance-sheet debt". The reality: a lease is an obligation but is not the same as a debt.
As of last month, there are new standards for GAAP accounting for leases. All the companies mentioned have always reported their leases in accordance with GAAP, and now that GAAP has been revised, they will report the new way. Molehill, not mountain.
"Under the new guidance, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months.
Consistent with current Generally Accepted Accounting Principles (GAAP), the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease.
However, unlike current GAAP—which requires only capital leases to be recognized on the balance sheet— the new ASU will require both types of leases to be recognized on the balance sheet.
The ASU also will require disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. These disclosures include qualitative and quantitative requirements, providing additional information about the amounts recorded in the financial statements."
For Salesforce, the asset - occupancy of office space in the Bay area - is rising in value, as measured by rents, while the liability - rent payable - is constant. So all their old leases will "improve" their balance sheet in GAAP terms. Once again, GAAP accounting makes sense, but only if you understand what the numbers mean.
OPK broke out from its 200-day EMA. The 50-day EMA is about to make the Golden Cross. Long and strong, overweight , going to 30 before I sell a share.
Lately this thing moves like a slug, so writing those spreads seems pretty sweet. If China goes kerflooey we could get another correction, but Salesforce doesn't sell much (any?) into China. Your biggest risk: another takeover rumor and presto, CRM is 80 again.
Quite the opposite. It is unethical to reveal part of the data during the study. When it happens, usually it is done by slimy operators like NWBO, who want to manipulate their own stock prices.
The sales are getting done at an amazing pace : +25% booked business y/y in a company doing $7 billion/yr of subscription revenue. Block is sweating the details, I would guess, and doing it well. Not bad, esp. for a Red Sox fan.
I still want a bean-counter to cut expenses.
MB has been focusing intently for many years, and it's working. But maybe now it's time to become more of a Bill Gates or Ross Perot (the anti-Perot?).
and speaking of certain growth companies, RVLT has controlled cost-of-sales, R&D, and SGA costs admirably, while growing revenues rapidly to above the break-even point. In fact, I think I'll buy more.
There they go again, updating the UI for a key product niche. With their component architecture, they can do this quickly, and give it to mobile users too.
It must be hell trying to compete against this with on-premises Windows apps.
But the markets seem overbought lately, oil's rally has petered out, and where's the strong economy? I think this goes to 70 again soon, before the uptrend resumes.