Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BK resigned (more like fired.)
You can relax. Himax just changed their depository from Mellon Bank to JP Morgan Chase. These ordinary shares are held by a depository to back the ADRs that we trade in the US. Two ordinary shares equal 1 ADR. The .05 is just the par value.
Jordan Wu's former wife got these shares from him in the divorce settlement.
This guy always hated Intel (the Bernstein Bear)
Intel (INTC) Highlighted as 'Conviction Short' at Bernstein
Bernstein analyst Stacy Rasgon highlights Intel (NASDAQ: INTC) as a 'Conviction Short' and sees a multiyear structural case is building. The firm reiterated an Underperform rating and price target of $30.
Rasgon first highlights that datacenter is starting to crack, "with reset growth targets and compressing margins, an increasingly competitive environment, and high dependence on less-attractive "adjacencies.""
Second, Intel need growth to maintain manufacturing scale which results in ssignificantly increased spending.
Third, the world is moving against Intel's strengths, as the importance of design and architectural expertise grows while Moore's Law slows.
Lastly, the stock is the stock is expensive, trading at >19x EV/FCF, in the 10th decile vs history.
Shares of Intel closed at $36.37 yesterday.
HAS, thanks for joining. I Can't be stockstranger here.
As posted on SA, I think the high volume could be from all of those mixed headsets in support of Microsoft. The first low cost entry into augmented (mixed) world for people to experiment with. Dell, Acer, HP, Lenovo and 3Glasses all should be releasing this year. If they followed MS hololens lead, they'll use Himax sensors.
Spoke to a family member in fashion, and the application of daily fashion pics is big. But, any chance it's himax inside. That echo is a plug in device so power and size isn't so critical, and that is where himax shines. Time will tell.
Edit: just reread your post. Are you saying STM built the sensor for echo?
I think many here will appreciate what just crossed the wire:
On Twitter (there is also a screen shot):
François Piednoël ?@FPiednoel
What they forgot to tell you, both machines were not running the same code in Blender ... oupppps ...
The IBM POWER8 Review: Challenging the Intel Xeon
http://www.anandtech.com/show/9567/the-power-8-review-challenging-the-intel-xeon-
Closing Thoughts: A Mix of Xeon "E5" and "E7"
So let's sum things up. The IBM S822L is definitely not a good choice for those looking to lower their energy bills or operate in a location with limited cooling. The pricing of the CDIMMs causes it to be more expensive than a comparable Xeon E5 based server. However, you get something in return: the CDIMMs should offer higher reliability and are more similar to the memory subsystem of the E7 than the E5. Also, PCIe adapters are hot-pluggable on the S822L and can be replaced without bringing down the system. With most Xeon E5 systems, only disks, fans and PSU are hot-pluggable.
Not true for consumers:
Microsoft says: “Our business model for Windows is not changing, and we will continue to charge license fees for our Windows software through our OEM partners [ie PC manufacturers]. We have no plans to charge consumers a subscription for Windows 10. We will continue to keep it up to date for the supported lifetime of the device – introducing new features and functionality over time – at no cost.”
Obviously, Microsoft didn’t comment on your “version 10 forever”, but it could be like Apple’s Mac OS X, which is also staying at “version 10 forever”. The drawback is that users are more or less forced to keep upgrading, and Apple rapidly abandons those who don’t.
By contrast, Microsoft will have three branches of Windows 10. The Consumer Branch (CB) will be updated monthly, but business users can choose a CBB (Current Business Branch) or a Long-Term Servicing Branch (LTSB). The CBB will be updated four months after the CB, by which time any bugs should have been shaken out. The LTSB will be updated with a new snapshot every two or three years, but users will be able to delay updates for up to 10 years.
A must-read for members of this board (if you haven't already)
http://seekingalpha.com/article/3253655-intel-and-micron-the-purple-swan
I believe the colors are trying to represent buy/sell/unknown trade volume. Go to the toolbar above and pick Tools>>Data Tools>Trades and you'll see it there. You'll get a popup you have to approve to run the app.
Now we wait for Emily Litella?
My new Ipad Air 2 arrives tomorrow evening if anybody has questions.
If you need to know, I updated my Ipad 2 last night to 8.1. No problems.
Just another upgrade They keep coming; we are in double digits now:
07:55 EDT HIMX
theflyonthewallcom: Himax looks well-positioned to rise into or after Q3 results, says Oppenheimer
Oppenheimer says that checks it conducted on Himax in Asia were positive. The firm thinks that the company is back on track and gaining market share across small, medium, and large panel segments. It raised its price target on the name to $11 from $8 and keeps an Outperform rating on the shares.
Slow and sure is fine while we wait for news. Google announcement should be soon on additional Display investment.
Lenovo relationship confirmed. Read the presser on earnings from this morning. Stuffed with good news.
Himax Technologies, Inc. Stock Rating Upgraded by Bank of America $HIMX http://ift.tt/1oaAl4U
You're a little late. They voted on it (R/S) Monday and it passed.
FWIO Firmware wireless I/O?
Maybe for a firmware flashing via wireless?
Found a snipet...
+diff --git a/drivers/net/wireless/cw1200/fwio.c b/drivers/net/wireless/cw1200/fwio.c
+index acdff0f..0b2061b 100644
+--- a/drivers/net/wireless/cw1200/fwio.c
++++ b/drivers/net/wireless/cw1200/fwio.c
+@@ -485,7 +485,7 @@ int cw1200_load_firmware(struct cw1200_common *priv)
You called it. Some convertibles were purchased and an 8K released with the info.
Micron price target raised to $50 from $30 at Drexel Hamilton
Drexel Hamilton raised Buy rated Micron estimates and increased its price target to $50 from $30 due to higher pricing and margin trends. The firm expects DRAM pricing to remain firm and for minimal industry capacity additions this year, resulting in rising earnings, an improving balance sheet and greater share upside potential.
MU up strongly in premarket...
Reverse split on its way (to be voted on.) I have never found that to be a good thing short term...
Needham just put a $40 price target on MU, and others have raised:
http://www.analystratings.net/stocks/mu/
I look forward to 4:05 today! Good luck.
I think we need .90 or better to have a nice pop.
Emerson upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded Emerson with a $77 price target momentum for the company's Network Power and Industrial Automation segments.
Completely agree. Earnings on April 3rd will pay off for longs.
Ashraf pissing off more people...
Apple Outguns Intel? Bay Trail Not Selling? I Think Not
http://seekingalpha.com/article/2058643-apple-outguns-intel-bay-trail-not-selling-i-think-not
If you want a great overview of the current situation with Micron, you must read this article. It is very well done, and will quickly bring you up to speed on the stock:
http://seekingalpha.com/article/2056133-my-best-idea-for-2014
I would believe NASDAQ..
http://www.nasdaq.com/symbol/rnn/short-interest
Intel discontinues Bay Trail and mobile Core i7 CPUs
Last September Intel released budget Bay Trail systems on a chip for mobile and desktop markets, branded as Celeron and Pentium. The processors were manufactured on 22nm technology, and featured such enhancements as greater number of CPU cores, higher clock speeds, beefed up graphics unit, not to mention an out-of-order microarchitecture, that improved per-clock CPU performance by up to 30% compared to their predecessors. The first wave of Bay Trail SKUs was followed in November by Burst-enabled models, that offered even higher operating frequencies. The new processors had so many advantages over previous generation of Atom products, that it comes as a shock to learn that all Bay Trail SoCs will be discontinued in a matter of a few months. Details of planned discontinuation were published this week by Intel in several Product Change Notification documents.
Desktop Pentium J2850, along with mobile Celeron N2810 and Pentium N3510 are pretty much already End of Lifed. Their last order date will be in two weeks, on February 11. The chips will ship until April 25, 2014.
The next to retire are mobile Celeron N2806, N2815, N2820, N2920, and Pentium N3520, that is all mobile products launched in November. Their EOL date is April 11, 2014, and they will ship until May 30, 2014.
On August 22, 2014, Intel is going to discontinue Celeron J1750, J1850, N2805 and N2910. The "J" models are desktop processors, and the "N" are mobile ones. Furthermore, on the same date Intel will retire Core i7-3940XM Extreme Edition, and boxed and tray versions of Core i7-3840QM and i7-3740QM CPUs. The last shipment date for the Celerons and Core i7s is February 6, 2015.
http://www.cpu-world.com/news_2014/2014020601_Intel_discontinues_Bay_Trail_and_mobile_Core_i7_CPUs.html
Here is a shareholder letter just released by David Einhorn’s Greenlight Capital. They are not backing off of the MU purchase.
Just the MU bits...
Technology (MU) and medium-sized positions in BP plc (http://bit.ly/yQLIVc) and Anadarko Petroleum (http://bit.ly/Jr1Qou). MU is a manufacturer of semiconductor memory chips (DRAM and NAND flash). This isn’t our first go-round with MU; it was a large short position from January 2001 to February 2005. Back then, DRAM was a lousy industry with too many competitors selling an undifferentiated product, often below cost. In the first quarter of 2001 when the shares were trading in the low $40s we wrote:
MU is valued at 6.5x current run-rate revenues and, today, generates no profits. In its best year ever (fiscal 2000), MU recorded $2.52 per share of earnings, making the current price 17x the peak earnings of a cyclical, commodity manufacturer. In the previous two years, MU lost money.
At the time, the valuation was kept aloft by the hopes and dreams of sell-side analysts. In our next letter we shared the following anecdote:
In an exchange of e-mails with a leading sell-side analyst who recommends purchase of MU with a $70 per share target, we solicited his justification for the current $24 billion market capitalization (let alone the $40 billion suggested by his target.)
Our analyst friend explained he tried to use cyclical valuation methodologies to come up with a rationale for buying the stock but failed because such an approach suggests “the stock should trade in the teens.” However, he maintains, should we have a good pricing environment next year, “people will treat the stock the same way [as they have] and take it much higher than they should.” Lest we be unclear about his raison d’être, he added he “could just perennially stamp an underperform on MU because he can’t justify the $24 billion, but that would be boring.” He need not worry; we are fans of boring.
This sort of unchecked cheerleading among sell-side analysts is by no means gone. Today, they spin different fables to justify otherwise inexplicable valuations for the latest flavor-of-the-month stocks. As for MU, a decade of poor results exposed every flaw in the business and killed any love for the stock. The sell-side groupthink has reversed: the mostly bearish analysts now contort themselves to justify earnings estimates that are too low, price targets that are too pessimistic, and stock ratings that are too negative.
We established a position in MU at an average price of $16.49, marking the first time we have taken a long position in a company in which we once had a material short position. The industry has changed and so has MU. Its purchase of Elpida Memory out of bankruptcy in August 2013 marks the end of a decade of consolidation from roughly a dozen major DRAM players down to just three. Technological advances and locked-up intellectual property have made it unlikely that any new players will enter the industry in the intermediate term.
MU and its competitors have signaled that they will refrain from adding capacity and will instead prioritize economic value-add. For the first time in memory, MU intends to use its excess cash flow to shrink the outstanding share count rather than build new factories. We believe the company will approach $4 per share of earnings and free cash flow in calendar 2014, and should enjoy a better multiple as investors begin to appreciate the new dynamic. The shares ended the quarter at $21.75.
C'mon guys, there is a bright side to the board turmoil...
“The only guaranteed way to be a genius is to surround yourself with idiots.”
--Ziad K. Abdelnour
It's good that you'll live forever, Dorian!
deleted (dupe)
I am amazed they got this offering out so quickly after the run up.
More dilution...
I am currently out, sold way too early on the run up. Let's see where this thing settles.
The CC was all good. You wouldn't believe how many of the analyst congratulated management on the earnings... Surreal.
They won't be badmouthing tomorrow! A short squeeze could be a thing of beauty. At last count, 131M shares are short.