I am often asked about the possible future for some of the broken stocks that I have recommended to subscribers-and which I own personally and which are part of the high-growth portfolio. Sadly, in the last several months, some of my picks have been disappointing to say the least. And, in turn, that has lead…
This is a painful recap to write, especially in the context of so many other blowups in the last several weeks. I am not the bringer of fair tidings, and I won’t attempt to make excuses, either as an analyst or for the miscues of Cloudera that have brought the shares to their current valuation.…
The purpose of my blog is to provide long-term investment advice regarding tech names-primarily in software and in storage. I have some background in the subject-and tons of scars on various parts of my body and wallet to testify to my longevity. That is prefatory to writing a commentary about the downgrade of Cloudera by…
As foreshadowed in our weekly commentary, we are making some changes in our high-growth portfolio. The changes are as of Thursday morning. We are selling the following: 85 AYX at $82, 64 TWLO at $125.50 and 85 ZS at $68. These are sales of approximately 18% of our prior holdings in these positions. We are…
Summary Cloudera shares are suffering from misconceptions and downright inadequate analysis. Our recent conversation with management reveals some telling positives that readers may not appreciate. The company-contrary to headlines and broad investor belief-did not guide down in the wake of its latest quarterly earnings release. The company’s product strategy, including key component, Cloudera Data Platform…
In my post this afternoon, I am obviously going to focus on Cloudera and its just reported quarter.. The results seem like a significant miss-even though that really was not the case. The contention clearly needs more than a bit of explanation. Can the headlines really be wrong? That is actually the case, and a…
PVI do not often write previews of quarterly results-mainly because without some kind of informational advantage, which is very difficult to come by these days, much of the preview is pure guess work or simply a reprise of guidance. I spent more than a couple of decades attempting to preview quarters for institutions with some…
IBM The headline comes from a rather well-known song composed by Cole Porter whose title is “At long last love.” Like a typical IBM quarterly report, the lyrics are complex, and the singer has to settle for Asbury Park. As most tech investors know, IBM reported its results for the December quarter last evening. The…
Many readers are probably tired of seeing posts on Cloudera and the benefits of its merger with Hortonworks. The merger became effective today. The new company plans to hold a conference call to introduce the business formally to financial stakeholders on January 10th. Based on commentary from the prior conference call, I think that there…
I imagine that all of our subscribers are aware that the Fed chose to raise rates this afternoon. That decision had been anticipated by most market participants. The Fed statement, however, was considered to be more aggressive with regards to the likelihood of future rate hikes than might have been hoped. The Fed also continued…