Re: Good companies with cheap valuations, eh?
Street Smart
1/26/2012 9:41:38 AM
Re: Good companies with cheap valuations, eh?
mInvestor
1/22/2012 5:30:04 PM
Also by reading Einhorn's partener letter, I don't get a clear picture what's his philosophyon good company and cheap price. Checking this fund's transactions didn't tell me anything more. Well, Dell may be good bet. We will see how this fund perform by the end of 2012.
Re: Good companies with cheap valuations, eh?
Street Smart
1/20/2012 8:31:35 AM
I also think, to my insider trading point, that the SEC operates with kind of a whac-a-mole mentality. I'm not suggesting that Einhorn has done any insider trading in Dell--now or back in the 2006-8 timeframe of the insider trading case currently under indictment.
But I think that when Einhorn brags that he's trading Dell or any stock precisely out to the two digits he's sticking his head up with hubris that invites a regulatory second look.
As Steve Cohen of SAC Capital can attest, once you're on the SEC's radar, they will look, look. look, and keep looking on the theory that if it seems too good to be true it IS. I would argue that it's ego, not good management that baits the regulators and invites that kind of scrutiny.
Re: Good companies with cheap valuations, eh?
Street Smart
1/20/2012 8:24:25 AM
@Scott, I'm not sure the cynicism that our comment thread is displaying is so much missing the point as making a different, "been-there-done-that" point about Einhorn's tendency to use the media to flog his positions for trading gains.
I agree that Dell and Xerox may well be dirt cheap and worth a look, but Einhorn's telling me that doesn't make me want to rush in.
YOU on the other hand are the PIED PIPER!
Re: Good companies with cheap valuations, eh?
Noreen Seebacher
1/20/2012 8:15:37 AM
Although the alleged insider trading occurred in the 2006 - 2008 range, it's resurfaced because of the criminal charges filed yesterday against Sandeep Goyal and six others who may have collectively earned about $62 million in illegal gains in Dell stock. The Securities and Exchange Commission filed a parallel civil action against the same seven defendants on Wednesday.
Giyal, a former Dell employee, allegedly got stock tips from a guy he once worked with, The Dell executive was not named in the government's complaint, but a company spokesman said that if the accusations were true, "the action was a clear violation of Dell's policies."
Does the whole mess create potential liability for Dell? A class action case by investors who lost money when Dell stock prices fell in 2008?
Maybe.
Re: Good companies with cheap valuations, eh?
Scott Raynovich
1/19/2012 11:40:58 PM
the insider trading is irrelevant it was years ago.
I think y'all are missing the point
Great. I now know what to AVOID.
Re: Good companies with cheap valuations, eh?
Street Smart
1/19/2012 5:35:30 PM
With all of the insider trading action in Dell, those precise, penny-pinching trades could come back to bite Einhorn. A little LESS precision could be just the thing in the future!
Re: Good companies with cheap valuations, eh?
Noreen Seebacher
1/19/2012 9:35:20 AM
Maybe. But back in October, Michael Dell was pretty critical of HP's decision to spin off its PC division.
Speaking to reporters a day before the company's Dell World conference, Dell called PCs a "growth market," estimating that there will be 2 billion PCs in a few years - a 500 million increase from now. He also said a vast majority of PC components go into client devices - 95% of all hard drives, for example. "From a cost standpoint you can have enormous scale," he said.
Re: Good companies with cheap valuations, eh?
tokyogai
1/19/2012 9:11:07 AM
I think it is a possibility. There really isn't much synergy. Maybe the PC group could then do a decent tablet and smartphone to get back into the game. They need partners other than Microsoft to pull it off.
The blogs and comments posted on Investor Uprising do not reflect the views of Investor Uprising, PRNewswire, or its sponsors. Investor Uprising, PRNewswire, and its sponsors do not assume responsibility for any comments, claims, or opinions made by authors and bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
|
 |
Latest Blogs
Telecom-equipment maker Ciena is a stock trader’s dream, as long as the timing is correct.
The FTC is offering a $50,000 cash prize to the person or group that can come up with a solution to those annoying robocalls.
Akamai is in the middle of four significant tech trends.
John Malone of Liberty Media will be taking over Sirius XM satellite radio when the existing CEO Mel Karmazin steps down. What's it mean?
Demand for students of the humanities exists, despite widespread aspersions on the discipline.
IU Education
Resources to help you become a better investor
Investor Uprising on Twitter
25 market-moving companies we're tracking
|
Tweet This