Friday was not a fun day in which to be engaged in high-growth tech names. Almost all of them, except those with some unusual parameter, were being sold aggressively by investors in the wake of NetApp’s preannouncement and its comment that it is seeing a macro-slowdown in storage demand. And in addition, Arista’s commentary that…
Even though it is mid-summer life goes on. There have been some developments of interest amongst our portfolio holdings and other recommendations. This a brief compendium of some of the news from today, July 9, 2019 as it affected the IT space. Twilio (TWLO) Yesterday Twilio announced a new customer acquisition. The company, in conjunction…
Dear Subscribers; Here is an article on Arista. It expands on some op the themes that were encapsulated in the recent post. It is an article to be published on Seeking alpha-but I wanted to share it with you before it was published. There is nothing earth-shattering in the article that was not discussed, at…
First, please accept my apologies regarding the lack of access many of you have had to the Ticker Target site the last few days. It was a priority to restore the service and we have it restored at this point. There are a couple of articles missing and they will be shortly restored as well.…
ANET Late last week ANET reported the results of its fiscal Q4 and its full year 2018. The results were above expectations, and far above fears. I will briefly reprise a few numbers for readers-but the fact is that the basic take-away from the results is that all of the concerns that have plagued the…
This post addresses Aspen and PTC. It also addresses some commentary about the Dropbox acquisition of HelloSign and some further thoughts about ANET shares. Aspen (AZPN) What to do with the shares of Aspen Tech. It is a company whose shares I would like to recommend, and it has many attractive elements in terms of…
Morgan Stanley upgraded the shares of ANET on Monday. The shares responded-sort of-they were up by 3.6% although that was not a particularly strong performance given the overall market for high growth IT names, several of which, such as Alteryx and Twilio appreciated by more than 8%. ANET has been a poor performer, even relative…
I had to put a comment on the Arista quarter into its own container. I will take a small bow in having recommended the shares 2 weeks ago-but of course I recommended them several times before that as well. I did suggest in early October that subscribers might consider building a “fine romance” with ANET…
SolarWinds There are lots of earnings out today-almost all of them of the Beat and Raise variety. The one prominent exception is PTC. Most prominent were the earnings of Microsoft and Service Now. I will be back with a post with a bit of substance to fill in the white spaces. Obviously, the market is…
Let’s face it-the last 6-7 weeks have been an abysmal period for tech stock investors. Little other than abstinence from the group has worked. Even trading around core positions has been a difficult strategy to execute. Today, there has been more pain-although most of it was focused in the semi-conductor I have been asked several…