Drinks & Dividends - Recent Investment Club Meeting
We had another of our monthly investment club dinners this week. Thanks to all who attended. We are going to get much more serious about this, so please stay tuned. (If you have not been able to attend, please note that I am hosting a monthly investment get together the first Thursday of the month in San Jose.)
Many stocks were presented for review:
AAPL
BBBB
TIE
GC ( doesn't seem like the symbol exists....)
LCRD
MRVL
ASEI
SIFI
SLAB
NLS
WLSF
MDT
PJP
NXG
GOOG
PETM
HIG
SLB
SLW
RGLD
PCU
Some pretty exciting companies and some pretty risky companies. Most of these don't fit my model, but the ones I want to look into are
Lasercard (LCRD)
Silicon Labs (SLAB)
Petsmart (PETM)
Schlumberger (SLB)
Of these, LCRD is most interesting to me. SLB and SLAB overlap our current holdings.
Many stocks were presented for review:
AAPL
BBBB
TIE
GC ( doesn't seem like the symbol exists....)
LCRD
MRVL
ASEI
SIFI
SLAB
NLS
WLSF
MDT
PJP
NXG
GOOG
PETM
HIG
SLB
SLW
RGLD
PCU
Some pretty exciting companies and some pretty risky companies. Most of these don't fit my model, but the ones I want to look into are
Lasercard (LCRD)
Silicon Labs (SLAB)
Petsmart (PETM)
Schlumberger (SLB)
Of these, LCRD is most interesting to me. SLB and SLAB overlap our current holdings.
posted by Andrew at
10:27 PM
4 Comments:
It would be interesting to know what you and other gurus that met with you had to think about GOOG -- given such irrational hedging going in either directions. What to read from their secondary offering, what to read from their inclusion into S&P, what to read from such a run-up despite technical analysis suggesting bearish sentiments (Kaustabh's question)?
You are doing a great job Andrew, keep it up!
GOOG is an interesting company. They have made some nice plays that attract a lot of eyeballs. WHo hsan't enjoyed checking out videos on Google Video.
Converting those eyeballs into revenue streams is what is lacking today.
I see GOOG going beyond Yahoo in terms of becoming more than a web portal and a search engine.
That is the future. Today, however, I don't see GOOG establishing huge and new revenue streams. So that's a problem for the stock price which is baking in huge growth in the near term.
The second concern is dilution. They are about to sell another 5.3M shares. That's 2.5% dilution (only 200M shares are outstanding and not held by insiders). No big deal and will generate enough cash for GOOG to pay costs for 4+ years. Or buy companies and invest in infrasturcture.
Also keep the recent rally in perspective. GOOG surged 20% before last quarter as well. And then they dropped.
Beyond the near term stock impacting issues like rallies and dilution, I just focus on earnings. Their only revenue stream today is advertising revenue. That could change, but when?
"AA" What's your take on Alcoa..I see it has delivered great results today but don't see in anyone's list so far.If commodities are soaring then Zinc,copper,aluminium are good bet right apart from steel,gold,silver?
Also take a look at AOS. Steady growth over the last few years, currently in a very bullish 6 mth uptrend. Thoughts?
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