IBM IBM reported the results for its fiscal Q2 Wednesday afternoon to kick off IT earnings season. The results included an earnings beat, in-line revenues, and an in-line guide. The shares have responded noticeably trading up by more than 3% after hours. The share price reaction should be carefully looked at in context; IBM shares have been…
Yes, that is a bit of hyperbole but not all that much. On Friday, a publication called “The Information” carried a story that Amazon is planning to sell its white box switches to business customers. Amazon has made what are called white box switches for years to facilitate its own network. By definition, white box…
There is a famous story about Benjamin Franklin and the framing of the constitution. Dr. Franklin was the oldest and perhaps the most widely accomplished delegate to the Constitutional Convention of 1787. Dr. Franklin was quite feeble by then (He was 81, a great age for most individuals in the 18th century and he could…
We have elected to sell our position in Symantec (414 shares) at the opening price of $26.75. Symantec shares have underperformed over the last year or so. The shares rallied to $32.50 in mid-summer but have now declined to their level as of last January. Symantec has been downgraded based on ambivalent channel checks by…
What does it mean when Oracle declare on Amazon? The fact is that Oracle is suffering a consistent loss of its database market share to all of the database flavors offered by Amazon most especially including its Aurora product which has dramatic price performance advantages over the standard Oracle products. It costs something less than…
Amazon Web Services recently held its user summit in New York City. We attended the event which was basically typical of these kinds of gatherings. Users go to these events to share anecdotes and use cases and to hear speakers talk about trends in the community. Not much there for the typical investor-a little more…