| Technology Buy List | |||
|---|---|---|---|
| Company | BBI Rank | BBI BT | BBI PT |
| Adobe | 2 | NAV | NAV |
| Checkpoint Software (CHKP) | 2 | NAV | NAV |
| Cisco (CSCO) | 2 | $19 | $30 |
| Google (GOOG) | 2 | $510 | NAV |
| Microsoft (MSFT) | 1 | $24.50 | $34 |
Telecom Buy List | |||
|---|---|---|---|
| Company | BBI Rank | BBI BT | BBI PT |
| Verizon (VZ) | 2 | NAV | NAV |
| iShares Global Telecom ETF (IXP) | 1 | NAV | NAV |
| Vivo (VIV) |
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ReplyDeleteChristopher– This morning I am hosting a call with Cisco’s head of switching and Data Centers, John McCool. Attached below are the 15 questions I plan to ask him on the call.
ReplyDeleteRecall, switching is the largest segment of Cisco (33% of Rev), highest profitability (73-74% gross margin est) and is going now through a massive refresh cycle. It grew 19% and 7% sequentially in the last two quarters.
Hope you’ll find the call interesting. Please send additional questions you’d like me to ask.
Regards
Tal
(BTW – there are no slides. It’s a voice call only)
Call Details:
Date and Time: May 20, 2010 at 11:30am
Replay Details:
Dial-in: (888) 203-1112
International-in: (719) 457-0820
Pass code: 300 4436
JPMorgan Conference Notes Link
ReplyDeletehttp://dl.dropbox.com/u/7092909/Technology/JPMorgan%20Conference%20Notes/J_P__Morgan_Technology__Media___Telecom_Conference_18_05_10.pdf
More JPMorgan Notes: http://db.tt/5zMUzc
ReplyDeleteMaxim Lunch...Very bullish..Lead times extending, 85% of quarter in had at start...a record. End markets appear robust, and inventory in disti channel has SHRUNK from 60+ to 53 days.
ReplyDeleteMFE write-up by ISI post Dewalt commentary on Forward outlook (2x rev by 2014). http://dl.dropbox.com/u/7092909/Technology/MFE_McAfee/MFE_5-26-10_ISI.pdf
ReplyDeleteADBE – media companies back flash - Media companies clashing with Apple? Due to Apple’s conflict with Adobe’s Flash, several media companies (including TWX and NBC) have said that they won’t update their video library specifically for the iPad, because of high costs andFlash’s presence on the internet. Apple may also be feeling some pressure because of new tablets and Google TV. [NY Post] http://www.nypost.com/p/news/business/slap_for_apple_PZ065AMiQOkAEn3lVNOX9O
ReplyDeleteMFE - ML notes. 'fighting growth spirit inside a value stock' http://dl.dropbox.com/u/7092909/Technology/MFE_McAfee/MFE_5-25-10_ML.pdf
ReplyDelete* NOK1V FH +2% gains for a 2nd day, seen d'grds of comps on Nok's taking share..
ReplyDeleteunsolicited bid 6.2.10 for SNWL..good for CHKP and MFE
ReplyDeleteInitiation of Coverage - Deutche Bank
ReplyDeleteMillicom (MICC.OQ),USD93.30 Buy Price Target USD112.00 - Rizwan Ali: Initiate with Buy, tgt $112. Millicom provides direct exposure to fast growing emerging markets in Central America and Africa that are difficult to invest in due to lack of investment vehicles. The company's early entry in most of these markets has given it a formidable market position that has allowed it to effectively compete with much larger operators and maintain high margins - Well diversified revenue base. Millicom operates in thirteen Latin American and African markets, giving it well diversified sources of revenues. In eleven out of these thirteen markets, it is a top two operator in terms of market share, thanks to its early entry and competitive operations. Latin American markets are relatively slower growth compared to Africa, which still has significant upside in terms of wireless penetration. Significant cash flow generated in Latin America is ploughed in to high-growth African operations, thus ensuring continued growth.