market

Quick Takes: OVTI CNN AFFX AAPL T VZ CRIS

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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Has the “call of the year” already been made?

April 3, 2009

We didn’t make it. (But we did amplify it here on February 24th.) The points made by GaveKal in February for technology shares leading the market were indeed compelling and the past month of market action has been nothing short of spectacular. Technology companies are cash-rich as a group, offer a cheap call option on [...]

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Springy Market

March 27, 2009

The market overall, including technology which we watch the closest, has been doing essentially what many (like GaveKal) figured it would.  The debate about whether this is the start of a bull market or just a bear market rally rages on; at least for the US markets. After spending two weeks in the US it’s [...]

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