Viral Genetics in 2012 — Research Update

March 7, 2012

We recently com­pleted a new research update on Viral Genet­ics which is a very small quasi-public com­pany emerg­ing from a quiet year with much more planned in 2012. [Click to access the PDF of our Viral Update Report March 6, 2012.] Since we pub­lished the report just a day or two ago the com­pany announced […]

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Finding a bottom in First Solar?

February 29, 2012

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A look at Polycom

February 10, 2012

Poly­com has expanded their prod­uct line, dis­tri­b­u­tion net­work and improved their exe­cu­tion in the last two years. The major growth dri­vers are now uni­fied com­mu­ni­ca­tions and telep­res­ence solu­tions. Oper­a­tionally the compa-ny is back on track and poised for a solid 2012. Our IV sug­gests a $23 share value. More strate­gi­cally it’s not yet evi­dent that […]

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The Nanotechnology Trend is Intact

January 12, 2012

We’ve had a great time in nan­otech­nol­ogy dur­ing the past year. We’ve dug into laser-based light­ing, new water­proof coat­ings for your iPhone, commercial-scale quan­tum com­put­ers, opti­cal net­work­ing, bat­ter­ies, algae-based fuels, light­ing, and improved med­ical diag­nos­tics to name some. Although many of the indi­vid­ual oppor­tu­ni­ties are pow­er­ful enough by them­selves, the fact that nan­otech­nol­ogy can be lever­aged as a […]

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November 30, 2011

OVTI is down sharply again off a strong quar­ter but big cut in for­ward guid­ance. I’ve never cov­ered or even owned OVTI. They have a strong posi­tion in a growth seg­ment of semi­con­duc­tors (cam­eras) and have done well in many ways as a com­pany. But the prob­lem with OVTI is the same prob­lem that exists […]

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Investment banking is not investment research

October 18, 2011

It was odd to read the arti­cle by Andrew Ross Sorkin today in the WSJ. In it he talks about how all the major invest­ment banks “missed the red flags” around Groupon as the com­pany selected bankers for their planned IPO. He men­tioned the bal­ance sheet, the sales model and the fact that insid­ers already […]

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Without Software You’re Dead

October 15, 2011

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& Bored">Terrified & Bored

September 26, 2011

Paul Krug­man applied this per­fect label to the cur­rent sit­u­a­tion in Europe about the econ­omy, soci­ety, and the Euro cur­rency. He points out some of the tired but scary obser­va­tions about how coun­tries account­ing for about 1/3 of the Euro­pean econ­omy are tee­ter­ing on edge of ruin and default. The richer coun­tries like France and […]

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SMTP — Email Delivery Networks">Update on SMTP — Email Delivery Networks

July 12, 2011

Since we pub­lished our orig­i­nal cov­er­age report SMTP, Inc.: Here Come Email Deliv­ery Net­works on May 3rd the com­pany has con­tin­ued to exe­cute on their growth strat­egy and the shares have set­tled into a more sta­ble trad­ing range. (See related post for more infor­ma­tion.) SMTP recently com­pleted the acqui­si­tion of over 4,000 IP addresses that […]

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Bravo for Bloomberg!

June 17, 2011

It’s been a rough few years for the US econ­omy. After the finan­cial cri­sis the struc­tural reforms and gov­ern­ment inter­ven­tion started com­par­isons between the US and slow-growth, socialist-leaning coun­tries like France. Per­ish the thought! But years after stim­u­lus and “recov­ery” the over­all US econ­omy has not added many jobs and just doesn’t feel very robust. […]

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