I agree. Analysts are anticipating a further reduction from last qtr performance. I believe they are wrong and in light of the buy backs and the unusual low previous qtr. this qtr. will probably beat the .99 forecasted by analysts. In light of buybacks your comment on dividends is right on.
You must be a professional shortie. I noticed you took down your posting after I responded. You just want to keep the negatives coming. Message board needs to keep this in mind when he posts
Let me give a different perspective. Yes STX has gone down. Has it gone down more than WDC, no. Depending where you cut off your timeline if you look at the 10 day, 30 day, 60 day, 90 day window STX has outperformed WDC. The only thing that is hanging over STX right now is the analysts guesses on the qtr. Because they are speculating a poorer performing qtr they have taken down some of their estimates. However these are guesses. If you look at what STX said in May during their qtr earnings call they said that the qtr. we are in is not impacted like prior years due to reduced pc shipments. That other businesses are picking up that slack. Now lets fast forward to today sTX has not come out with any qtr earnings reduction. If that was the case it would be out already. So STX will either be close or on the numbers that they already provided. So there is a good chance the analysts are in error and the qtr earnings could be ok. So this current reduction is a gift to pick up at reduced pricing. Another tidbit , you really need to understand STX businesses. One point is everyone concentrates on PC sales but STX has an equal or bigger stake in the enterprise business. And guess what the enterprise data needs continue to grow at a very high rate.
What are you guys talking about. If you look at the history of the executive sells they are consistent. They hold a large amount and will continue to sell . Nothing to do with business outlook. If you took your outlook you would have never invested in STX or many other tech companies and would have missed the 66 range.
I hope they continue to add security etf's . The more the better for FEYE. Hopefully this will offset the recent analysts getting cautious in light of the overall market turmoil. Go FEYE
Atty, what's your guesstimate for earnings for the qtr. I missed my opportunity when Soda was at 18 so I'm going to sit on the sidelines until after earnings. The UVXY message board has alot of rookies on it and I avoid posting there but I did back the truck up when it climbed to 47-48 range for shorting and will take advantage of the quick decline. Have a good day.
I'm with you. NOthing has changed in terms of FEYE business. Picked up some more in premarket on the cheap. May do a little trading but will continue to keep my base.
You missed it. Market is green and probably will stay green today. However you might be right but your timing maybe off. I turned off the bs from Yellen. You have to shake your head listening to that person. Eventually Wall street will say enough is enough and the market will dictate the action instead of the fed. gov't. We just might get that downturn sooner than we think.
NOt certain what your looking at but this fund concentrates on pre-IPO investments which will have higher expenses such as legal fees etc. If your expense ratio is based on current market value you might want to look at using the book value. Because of the risk associated with this fund pre-ipo strategy it usually will run below book value until some of the companies announce an ipo date then it becomes interesting.
I believe your right on PANW , having a 1 year post ipo advantage time wise but FEYE's growth rate seems to be higher and eventually may catch PANW. The only other thought why they command a better price is they command a slightly higher gross profit margin and percentage wise of revenue have a lower adv./marketing expense along with having less employees. So FEYE needs to grow faster since they have more employees to pay..
Wrong I do have experience in that area. What you fail to realize all the security companies are increasing their sales and marketing expense. It's a race so someone can be number 1. You would hope that the dust settles and everyone starts to reduce it down. With all the free press FEYE has gotten ask yourself why is the sales/adv. increasing . It's called saturation of the message and the bang for the buck in adv. goes down in terms of benefit. A good example in another software area is CRM. It's been 5 years and still looking to turn the corner. Their growing adv./sales expense continues to grow but because they are growing their stock price continues on a good path. FEYE is the same and hopefully continue to grow and keep the stock price going up. Don't get me wrong I've been an investor of FEYE for a long time and will continue. Just be cautious when we get close to the forecasted breakeven timeframe forecasted. You might get a surprise that your not counting on.
I scratch my head looking at the marketing and sales expenses. Why does FEYE have to spend so much? But FEYE is not alone PANW continues to increase along with others. It would seem that there is a race who can spend more in sales and marketing. What happened to if you have a good product it will sell itself.I;m afraid that this industry won't wake up and continue to try to outspend each other and eps be da--. This could end up being strong headwinds on our stock price goals. Just think what our stock price would be if we didn't have this boat anchor. Will continue to be long FEYE but remain cautious. Good luck to all.
Thanks for heads up. Should get some positive traction for FEYE
Not worried about any inside selling even Dewalt. Too much money in one basket isn't smart. Planned insider sales is just normal business in technology.
I usually ignore these type of messages as it relates to insiders selling but this caught my eye. Looked up his activity for just this year and it does add up to a large sum of money. The question I have I believe he is on the board of directors. His stock rewards seem high for just being on the board of directors. He must have add't projects or their paying him for his gov't ties. He's a CEO of another company and on boards of other companies. He did hold a high gov't office prior to his CEO position. Something doesn't pass the smell test. I don't care about the sales I just care how FEYE is paying their board members that are not active employees.
Nice heads up by the board on wunderlich coverage with a buy and 62 dollar target. Looks like my causal comment is coming true. HOLd onto your shares and let the big boys scramble for shares for end of qtr window dressing. GO longs.
INteresting conversations on this board . It amazes me that some expert on trends states that we could have pressure on the stock. Then theherd follows making the forecast true. one thing they don't tell you is if some positive article comes out you miss out. The only thing I’m doing is buying more on any pullback. The big boys need to be in this stock by the end of the qtr. for window dressing. They just want to pick up stock on the cheap and I’m not going to help them out
It may take awhile before investors realize that today's article by JP Morgan will help accelerate STX . The article talks about the explosive data use . That in the next 2 years data will double the amount of data used by mankind to date. Amazing need and when you really look at the need to have cheap data storage STX and WDC are the only two players in hard disc drives. Yes Flash plays a role but not in enterprise large data needs. Another factor will be playing is the release of windows 10 will increase the PC needs in time for school startup. Along with the nice dividend for waiting . Looks like a good time to load up as STX stock price is reduced shortterm because of the bad press regarding this qtr. is usually the low period but what investors forget STX already stated that in the last earnings reporting noting their other products will reduce any impact.