The question for earnings is not the revenue growth. Everyone knows the growth will be there. The question that you need to weigh do they have expenses in control and will they have a positive bottom line. I don't think people expect it to be positive and the stock won't get punished unless the loss is more than the analysts predict. If they don't beat on that look out they will get punished. HOw much they beat will depend if they will hit your prediction or not. Based on current technology companies reporting you would think they should do well.
Seth seems like its been very quiet with little news activity as it relates to Soda. Somewhat unusual. I assume that Soda is still one of your major stocks that you cover. I see you and atty are still in contact but very limited on this message board. Capital Ladders trader talk has been lacking also. Hopefully it will pick up as we get into earnings. Have a good day.
I can tell by your response that its not worth discussing STX with you. If you were a STX veteran you would understand my comments. But good luck to you.
It could be that simple but having 600m left to spend. Not giving Steve L. enough credit on planning ahead and having the timing down as it relates to wall street. I will be very conservative on STX for the next 2-3 months until the dust settles. Might miss the run up but good luck.
Unfortunately the spread will continue even if performance between the two are close. WDC has headqtrs. in Ca. but Seagate is playing the tax game with Ireland and prior Cayman Islands. That play may have tax benefits but it also has hidden negatives.
Yes this will be seen as positive but don't bank on it for too much. The timing of this buyback may raise questions with the big investors. Why now. Why not at earnings call or next qtr. They appeared they wanted to wait but because the stock didn't move with earnings they moved their ace in the hole up. They don't have any more good news for awhile and I would question if this qtr. might be a bigger challenge then they lead us to believe.
I agree with you. Based on all the reporting tonight with many misses the overall market may see a good reduction tomorrow. But with that said the international market could change that.
Yes its typical but the anouncement of the new CEO and next qtr being lower than analysts predicted might be a roller coaster tomorrow. This could go down to 112 or it can go up to 122. I already took my short profits tonight that I bought just before closing. Wlil wait till this sorts out.
Pretty harsh words for this early morning. Yes these guys who are looking for a home run instead of a base hit are fighting against the odds. However with the vix in the 12 range is equivalent to a strong batter at the plate. Anyway just to note I have been long more than short last year and made a good amount of money on this. All in timing and not staying long. But your right like usual about keeping UVXY for the long term. Have a good day.
Keep in mind they have inside information on the timing of ipo's that they have investments in. Especially ones that they are the majority holder.
Time to be cautious. With the overall pc business being reduced along with WDC helium drive success might be a good time to go light on STX. The STX executives are dumping right now.
Just look at all of the inside selling with STX executives. Not good. WDC will probably bode better than STX
Having earnings on a Friday before market open has never happened in Seagate's history. They always targeted mid-week after the market closes. Steve L. is very crafty in anticipation of Wall street. So is there any meaning to this timing change. If so is it positive or negative.
Thanks for the feedback. Dan really is in a pickle. He really doesn't have the money for marketing these new products without jeopardizing his net income line. I believe the new factory benefits should be hitting around Q3 to free up more money for this but I may be wrong with this timing but Seth would have a handle on this.
Thanks Seth for keeping us updated. Sounds like Soda has improved on their new flavors centered around carbonated water. It begs the question is the guy in charge of improving these flavors that good. It would seem to me the big boys have an advantage with unlimited resources to get the best tasting flavors. Why not just expand partnering. I can't remember the company name but there are several carbonated water products out there that would appear they have accomplished good tasting water flavor. The only problem with these products was they seemed a little pricey. If they had a comparable price tag to pep or ko product in the grocery store I would buy it hand over fist. I guess I'm a little disappointed with soda taking so long to pursue the health side when they started talking this a long time ago but just gave it lip service till now.
Good input. Now will Soda make any move in terms of stock price. Looking for a catalyst and if this one doesn't make any movement I really don't see a catalyst near term. It would seem that Soda might be low range bound for awhile without a catalyst shorterm in light of the general market.
Yes Kent L. has screwed up on handling his fund. But I have to take exception to your title 3 year low. Actually that is not correct. If you take the 2- dividends approx. $6 plus the 18% of stock buy back that you could have participated would equate to not even a 52 week low. However there is alot of room to move the stock price higher. BEcause most of Kent purchases are not public yet the value can change dramatically once an ipo is set. So if you believe in some of the companies he has purchased you can still make out quite well. I personally like the medical company that he has a majority owning. good luck