Although earnings reports will not be coming out in the next few weeks, there is still lots of news and some interesting opportunities. As is obvious, the market as a whole has been under some pressure for a few days, and that pressure has been focused on mega-cap IT names for a variety of factors.…

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As many readers will have seen, Oracle shares gapped up a bit on news that it has been selected by our government and by ByteDance to negotiate a partnership with TikTok. The nature of the partnership is quite undefined. The value add that Oracle might bring to such a partnership, other than its name is…

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Summary Slack reported its fiscal Q2 last week. Headline numbers were a beat; the company maintained prior guidance for it 2H projection. The shares fell significantly (about 12% last week), primarily because calculated booking did not reach analyst consensus. The miss in calculated billings was the result of a variety of unique events associated with…

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This is a long post, and in some ways two or more posts in one. If readers want to focus on the recent operational performance of some of the names in our portfolio, simply got to the second half of this article where individual summaries for PLAN, JAMF and CRWD are to be found. On…

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Tech stocks, after a multi-week rally are pulling back rather sharply today. The CLOU index which had been up 12.4% since 8/1 has dropped 6.5% today. There is nothing particularly special about today. The economic data has been strong, particularly the new claims metric and the ISM Services number. But some investors for various reasons…

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We bought 300 additional shares of JAMF in the aftermarket for our high-growth portfolio at the closing price of $37.20, a total consideration of 14,880. Our high-growth portfolio now has 600 shares, worth about $22,300, a weighting of 3.5%. We bought the shares after hours because we believe that the quarter was actually a significant…

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Earnings for the quarter ended in July have been flowing in this past week. July has apparently been a relatively strong month for IT sales. It would seem that many of the themes we have highlighted over the past months have been borne out by the operational performance of many vendors. Before turning to focus…

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Nutanix announced some rather dramatic corporate developments on the afternoon of August 27th. The company announced that its CEO, Dheeraj Pandey has elected to retire; the company announced that it has secured an investment from Bain Capital of $750 million ; and the company announced a material upside to results, both in terms of revenue…

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Summary Teladoc has announced plans to acquire Livongo creating the largest business in the teleheath space. Merger terms seem fair to me-although there has been some disgruntlement on the part of investors in both companies. On a pro-forma basis, the new company will start life with about 138 million outstanding shares and with a small…

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