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OT Jim or anybody, a particular stock I own is undergoing a symbol change, the certificates were physcially delivered to me from Scottrade, I now have to fill out a transfer form and mail them back to transferonline.com, what happens usually with something like this, when u have certs in your name, do they change the symbol and put back in your broker account, and how would i sell them if they don't put back in scottrade, thanks for your help
not until the month of august is over
Thank you Dodd
You heard it here first IDCC in NEW ARTICLE
IDCC INCLUDED IN THE FAB 15
Oracle, SEI and Federated Repeat on Fab 15 List: John Dorfman
Aug. 17 (Bloomberg) -- SEI Investments Co., Oracle Corp. and Federated Investors Inc. have again made my list of the 15 most profitable companies in America.
I call it the Fab 15. Its intent is to honor corporations that have achieved exceptional profitability.
It's not intended as a stock buy list because many of the honorees have expensive stocks. Three winners that I do recommend this year are Janus Capital Group Inc. (JNS), Marvel Enterprises Inc. (MVL) and Merck & Co. (MRK).
To make the Fab 15 list, a company must achieve a return of 30 percent on stockholders' equity and 15 percent on assets. It also needs a 20 percent profit margin in its latest reported fiscal year, and a market value of $750 million or more.
If more than 15 companies qualify, I take the top 15 by return on equity.
SEI Investments (SEIC) has the longest winning streak, joining the Fab 15 for a fourth consecutive year. Based in Oaks, Pennsylvania, SEI provides investment consulting services to money managers, pension funds, insurance companies and banks.
Third Helping
Oracle (ORCL) and Federated Investors (FII) are each back for a third consecutive helping of glory.
Oracle, based in Redwood City, California, is the world's third-largest maker of business applications software. Its forte is database software.
Federated Investors, which calls Pittsburgh, Pennsylvania, home, is a money management firm that runs mutual funds and other investment accounts.
SEI, Oracle and Federated were the only stocks from last year's list that made this year's roster. The other 12 slots go to newcomers.
The dozen new honorees are Ask Jeeves Inc. (ASKJ), Cousins Properties Inc. (CUZ), First Marblehead Corp. (FMD), IMS Health Inc. (RX), InterDigital Communications Corp. (IDCC), Janus Capital Group, Marvel Enterprises, Merck, Navteq Corp. (NVT), Strayer Education Inc. (STRA), Ultra Petroleum Corp. (UPL) and WebEx Communications Inc. (WEBX).
My Recommendations
From that group, I'll focus on just three whose stocks I recommend: Janus Capital, Marvel Enterprises and Merck. They seem quite cheap to me, considering the companies' profitability.
Janus runs numerous mutual funds, including the flagship Janus Fund with $14 billion in assets and the Janus Twenty Fund with $8.7 billion.
The Denver, Colorado, fund company has suffered a talent drain in the past four years, has been tarred in the mutual-fund industry scandals and last year suffered an asset outflow. Yet the stock seems to me attractively valued, in part because of those woes.
Janus stock sells for 15 times earnings, 1.2 times book value and 3 times revenue. That's quite cheap, I believe, for a company that last year achieved a 46 percent return on equity and a 25 percent return on assets.
In addition to its mutual funds, Janus owns Enhanced Investment Technologies LLC, Bay Isle Financial LLC, and partial interests in DST Systems Inc., Nelson Money Managers Plc and Perkins, Wolf and McDonnell.
Spider-Man
Marvel Enterprises, which calls New York City home, is a comic book, toy and licensing company. It owns the rights to several well-known characters such as Spider-Man, The Incredible Hulk and the X-Men.
Marvel stock has fallen 31 percent this year even though this summer's movie ``Spider-Man 2'' has been popular. Sales of Spider-Man toys haven't done as well as expected.
I wouldn't weep for Marvel, radioactive tears or otherwise. It earned 42 percent on equity and 24 percent on assets in 2003. Marvel stock seems attractive to me at 14 times earnings, 2.7 times book value and 3.3 times sales.
Merck, out of Whitehouse Station, New Jersey, is the second- largest U.S. drugmaker. I own the stock for many of my clients, in the belief that its recently scanty new-drug pipeline will fill up again in due course.
Last year Merck earned 40 percent on equity and 16 percent on assets with a 30 percent profit margin, despite increased competition from generic drugs and the expiration of important patents.
Too Expensive
I first compiled a Fab 15 list in 1998, and have done so each August since 2000. Last year was the only time I couldn't find any stocks on the list to recommend.
They all seemed too expensive to me. By and large, I was right in my skepticism.
Shares of 11 of the 15 August 2003 honorees have declined through Friday, Aug. 13. Three showed gains, but smaller than those of the S&P 500.
The only stock that beat the Standard & Poor's 500 Index was Intergraph Corp., a Huntsville, Alabama, company that makes graphing and mapping software. It was up 18 percent. I have bought Intergraph shares for some clients this year.
The average return for all 15 stocks was a loss of 13 percent, compared with a gain of 9.4 percent for the S&P 500.
Off the List
One stock I feel funny about mentioning here is Ask Jeeves, which owns the Internet search engine of the same name. I have sold the stock short this year, betting on a decline. It fell 25 percent in July, and 15 percent so far this month. Yesterday, I covered my short position.
A few past standouts didn't make the roster this year. Four- time winners Bristol-Myers Squibb Co. (BMY), and Eli Lilly & Co. (LLY) are both drugmakers that have been hurt by patent expirations. Snuff maker UST Inc., which was on the first four lists, has now missed twice in a row. Health and antitrust litigation have sapped its strength.
To contact the writer of this column:
John Dorfman in Newton Centre, Massachusetts
or jdorfman@bloomberg.net.
To contact the editor responsible for
you are right about that, anyone who believed that and believes u.s. was behind 9/11 is a lunatic, they have a right to their opinion but we have a right to call them retarded
and there are a few on the board who believe both those things
EASY DO YOU BELIEVE U.S. WAS BEHIND 9/11, how come you can't answer the question and give evidence
I think we gain a dollar today eom
Could it also be that Europeans don't boo they tend to whistle at teams they don't like at sporting matches
too bad nobody is showing up for the olympics
The estimate is that 37,000 citizens died in the iraq war, sure it is good saddam is gone, would have been better if we had a plan for the peace, if we had enough troops in the country to actually secure it and restore law and order, but because we are not being shown iraqi casulties then there is no chance for us to debate whether this war was worth 900 americans plus plenty of injuries roughly 13,000, and 37,000 iraqi's killed
let us see the damage and decide for ourselves whether it was worth it
and there are hundreds of countries where you can say you remove the leader and you save lives, should we shed american blood for them all
there always should be a strategic reason why we fight wars, unless there is a genocide occuring like Hitler, no proof of that here
Sure I will, well what do you think about the article, I am surprised you post an article like that without a qualifier, curious to your opinion
The most retarded story I ever read on so many different levels
I can take any situation in life and ask stupid questions like he did
the 2000 election, why did Gore mysteriously give up, why did he silence the african american congressman, was it a conspiracy, why did bush have a band aid on his face right after the election, no it wasn't skin cancer, why did gore only push for a few counties instead of a statewide recount, he must have been in on it
the black helicopters are coming
I would like to know who in government planned this and how many, to pull something off like this it would have to involve hundreds, you have to train the men, have to pay off Norad not to respond, have to pay off airtraffic controllers to not call anyone in time, have to pay off someone to plant the knives and set the explosives (that one is my favorite)
also have to set explosives in the pentagon, pay off the people in the pentagon plane because they obviously did not crash into the pentagon, presumably they landed somewhere safely, oh yeah the pilots have to be in on it too
I could go on and on, now out of all of these people, none of them had second thoughts, they were all cold blooded killers, knowing they were killing fellow americans, including one of Bush's best friends wife and presumably his best friend, nobody felt guilty afterward, nobody thought shit an attack like this might ruin the economy and just ruin any chance you have of getting reelected, all of these people kept their mouth shut, none of them were patriots, people that have served their government and believed in america, now they turn into killers of fellow countrymen
anyone who writes a story like that, believes it, posts it, has some screws loose, now we all have the freedom to post and believe what you want, but i then i have the right to call you on what you are posting and writing, and i call you crazy
any situation in life has questions, that idiot writer has no shred of evidence
i can't even write anymore, it is a waste of time
but my favorite one is, it is not enough to fly 2 planes into the WTC, nah, we got to rig it to explode, i mean how stupid is that, you see we can only get our war if the buildings collapse, americans are not going to be horrified enough with the planes crashing in
if there was no video of the planes crashing in, you would have said it never happened
and the other stupid question was why did the tower to get hit second go down first, that is easy, it was hit on a different floor then the first one, and yes the heat from the first one surely had something to do with it
the bush administration resisted the 9/11 commission because this is a political year and they knew it would make them look like asses
First good ole morgan says the Bushies resisted the 9/11 commission to cover up their act, yet then in another sentence he says the 9/11 commission is corrupt, well if the Bushies knew the 9/11 comm was going to cover their lies then why did they try to prevent it from happening, does anyone here have common sense
yes they were stabbed with box cutters, knives, do you remember at the time you were allowed to bring those items on planes, and we saw the video where hijackers set off metal detectors and then the screener waved them down, couldn't find what set it off and just let them go
they obviously brought mace on board, again easiy done, probably still easily done knowing our shitty airline security
who said the cockpits were locked, they were not always locked pre 9/11, and very easily by theatening a stewardess, that could lure a pilot out to help
and this guy morgan is a jerk because what does he expect the 9/11 commission to answer every question of what happened that day, this was not on closed circuit television, the only way they got information about what happened on the planes was from the phone calls from the victims
then you have the writer at one point saying how could it be possible that our fighters were not scrambled, yet he claims one of our fighters shot down one of the planes, wait a massive government conspiracy but we actually have a fighter shoot down one of the planes, why do we go to the trouble of wiring the wtc to kill more people yet we down a plane before it can hit the capitol and ensure even more money in the military budget, hahaa
finally anyone who really believes this or writes this spits on the dead bodies and families of those victims, because you are turning a terrorist act into a lie, and by that you shame every victim, and you should be ashamed yourself
I said August
JOHN O'NEILL JUST LIED TO CHRIS MATTHEWS, he claims that he has supported democrats most of the time, and he said in 1992 he voted for Perot well how come every one his political contributions have been to republicans
and how come in 1992 he voted for Perot yet he gave 1,000 dollars to George Bush for president
what a liar
http://mediamatters.org/items/200408120012
you are clueless, they keep saying kerry is lying, all hearsay, how come nobody spoke up in vietnam, how come 2 of the commanders praised him in their reports in 69 now changed their story, how come commander elliott supported kerry in his senate run in 96
what facts does O'Neill have, he has none, that book has already been ripped apart by many news organizations, and look at the funders of the swift boat vets, or how about another member of the swift boat group who said in another paper that he did not know Kerry but now he does
anyway it is not worth talking about, this whole swift boat thing has been perfect for kerry, just illustrates that he went to vietnam and bush didn't
so funny, you dumb republicans playing into our hands
and zit if you have facts then come here and refute what i say, but you can't answer, you never can answer, and you can't answer whether you or anyone in your family have served in a war
oh have you checked the latest florida poll, kerry up by 6 points, your smears are really working
of course he didn't, what were you watching, tell me how he got destroyed
Is anyone out there, the stock just took the v off and now trades at JAGH, soon it will be headed to the OTCBB, now that it can't be illegally shorted I think this stock will take off
any thoughts, how about we move the raging bull board for jgmha over here
That is why final judgement on this company can't be rendered until we find out what happens with Nokia, that one case is what will make this company live or die, don't listen to the people who say even if they don't do well with nokia idcc has 3g that is their future, if this comes out unfavorable for IDCC, they are dead, and the stock will never be above 10 dollars
Will do, definitely hope everything is alright
He posted many times in the spring of 2003 I believe, he got into a fight with Jimlur I think and took it too far
that's why he checked on his application volunteers for combat, stop lying zit
Just ask Bush what a sovereign tribal nation is, hahahaahahaha
you have to watch the tape of him trying to answer that question
oh I didn't realize Kerry said they stopped thinking for 32 minutes, what a dumb typical right wing clown you are, you right wing facists are famous for taking 1 word out of context, are you that stupid or are you that much of a liar, saying after the second plane hit that you couldn't think, is saying that the act of 9/11 was mind blowing, and they sat there watching the news for 32 minutes
so where do you and hannity and fat rush get that kerry was paralyzed for 32 minutes
I agree with you, check my last post, I think I only make like 3 or 4 of those statements a year, which you usually permit, the last time I made a prediction based on sources was that Lucent would be the next signing, and then right after that we hear that Lucent is being sued by IDCC, now my opinion is that IDCC was negotiating with Lucent and then Lucent decided to play games, I could be wrong, but too much of a freaky thing for me, so wherever I got the info, it can't be that bad
Yes but nobody can time these things exact, I would say if nothing happens by august then we have a long winter ahead
that's fine I respect your rules, hope you are still not mad at me for my posts the other day, just blowing off some steam, this stock gets you mad sometimes, but actually no good information comes from that site
the yahoo site is a joke, not even good rumors can be gotten there, too many pumpers and shorts there, you don't know who to take seriously, I guess that is why you police this board so well, because if it turned into yahoo then it would be a waste, so i guess you are right
Ed the reason they were not the licensee was because they were playing hardball, idcc was in negotiation with them to be the next signing, they played hardball and now they are getting sued, and that was the first news to come out after my sources said Lucent would be the next signing, obviously my sources can't factor in how a company is going to try and steal from IDCC
Somebody must have Mickey's number, call him back, invite him in, and take him out of jail
He should be allowed out of jail by now
BRING BACK MICKEY
yeah did you hear him, he doesn't need the limo man
I am not allowed to post who it is coming from, not from the source nor from jimlur, all I heard was positive news, shortly, should be this week but I would put my money on this month, could be a license, could be a nokia settlement, could be Harry's firing, I just don't know
don't forget though I was the only one to post that Lucent would be the next license and what do you know shortly after that it was announced that IDCC was suing them, so my sources can't be that far off, check my history to confirm this
It just makes common sense, what are we five years old here, we can't hear rumors, give me a break
i disagree with you, i think you are doing the board a big disservice by limiting rumors, if somebody does not want to hear them then they can put the poster on ignore, you act like posting a rumor here is the equal of a jagnotes rumor, the media ain't picking up anything posted here, it will do nothing to harm or help the stock, and anyone who buys on a rumor should have the freedom to decide that for themselves
hahaha, great logic hyundai, so you should get arrested because the bush propaganda machine is afraid that a protester will be seen on camera, as long as the person is not committing violence they have every right to display a sign, these campaigns are so staged
we shall see, I report you decide
I'm hearing from the grape vine there will be a postive news release today from IDCC, see what happens, either today or sometime this week, but pointing strongly to today
Jimlur I apologize and my apologies to Loop, the person who some on the board alleged to have lead that group was RMARCHMA, one of the people who blew the earnings call
jim that does not prove anything, I said I didn't remember, that was a very long time ago, have to dig through my posts to find out who I thought was doing that at the time
great time to be joking
Nobody ever said it was gospel, but you and the others should check the tone of your messages, it sure sounds like you expect them to be read like gospel
hey i didn't buy or sell based on your posts, i said when it comes to this stock you don't know anything, but for that matter most of the people don't as well
because nobody had any of the recent news with this company predicted
so far 99 percent of the people have their faces buried in sand when it comes to this stock