We made a change in our income/stability portfolio earlier today. As we had some technical issues with the site, we are sending out this notice in arrears. I am sorry it has been delayed. We sold our 900 share position of HPE at $13.09 which raised about $11,770. We used the proceeds to initiate a…
Earnings season is in the process of getting started. In the dim past-say a year ago, it was a time to look forward to-which companies would report a blow-out and speculate as to whether a blowout might levitate the share price of the company reporting strong results to a further high. These days earnings season…
Zscaler-It is time to bring a Buffet-like mentality to this beaten down leader The Sage of Omaha, Warren Buffet, has offered many nuggets of wisdom in a long and storied career. One of them is “be fearful when others are greedy, and greedy when others are fearful.” Certainly most investors in Zscaler (ZS) are fearful. Fearful of all…
Taking a look at a very fallen angel Wix, (WIX) the subject of this article, is a very fallen angel. It was one of the first IT vendors to see falling growth, and it has perhaps reached something of a nadir in that category. When the company last reported in August, it commented that it had seen…
Okta-Can this sow’s ear ever return to silk purse status? Stocks have been cratering! IT stocks have been cratering more! Even shares of cyber-security companies have fallen with the HACK (HACK) ETF, which incorporates the major cyber-security vendors down by 30% on a year-to-date basis. But Okta, the leader in the identity management category, has…
What are the investment merits of Adobe at this point? Recommending any software names these days is a contrarian undertaking. Investors, with a dearth of evidence, or historical analogs are convinced that somehow the business outlook for software companies is highly correlated to the business cycle. They are terrified about negative estimate revisions. And they…
Workday’s position as a recession impends Workday is not the most obvious pick for investors concerned about the impending recession. After all, this is a company whose raison d’etre is based on providing solutions for HR and for Finance of enterprises of all sizes. It is obvious that with hiring slowing, and with financial apps…
Braze: The quarter that was reported was reasonable; guidance was disappointing, the shares more so Braze shares are down by about 19% at Tuesday’s close September 13, 2022. Some of the share price action is obviously a function of the market decline in the wake of the too hot CPI report released this morning. The…
We have made the following changes in the high growth portfolio: We have sold the 400 share position of Asana at $26.71, which netted $10, 670. We bought 460 additional shares of Nutanix at $22.98. This cost $10,585. The high growth portfolio now has a holding of 1230 shares, and a weighting of approximately 4%.…
Nutanix: The last chapters of a long running set of transitions Nutanix (NTNX) burst upon the scene as a disruptor in what is known as the hyper-convergence space about a dozen years ago. Indeed, it might be said that Nutanix was one of the first companies to offer HCI technology. The company initially offered both hardware and…