<<Since nobody here seems to want to do fundamental analysis on AMAT, I spent 15 minutes over the weekend to do so, even though I have no position in it.>>
Fundamental analysis of AMAT in 15 minutes? Wow, I could be a lot more efficient if I could do that. In fact, I could cycle through 36 companies in a 10 hour day (got to eat lunch for an hour). Assuming 240 business days, I could "fundamentally analyze" 8,640 companies every year.
I should walk over and pitch my services to Ned Johnson. He doesn't need his 45 research analysts (@ $300K all in cost per year ... probably low), I could do it all. At a price anywhere below $13.5 million, I would be "adding value" in consultant speak.
Think of the documentation savings. The companies would no longer have to provide me with 10Ks, 10Qs, Proxies, product announcements, earnings releases, etc. I would not need them. I would not have time to read them. Conference calls? Forget about it! On site visits? Not on my time!
<g>
--Duker |
