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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: rdkflorida2 who wrote (4540)	12/9/2016 9:10:06 AM
From: Kirk ©	Respond to of 26412

My largest holding is Finisar..... done well! Many I worked with went there AC (After Carly). Others stayed and were spun off multiple times and taken private in the middle. So many bad things were said about how tough it was at HP/Agilent/Private/Avago/Broadcom and so many good people "retired" to cut costs to get young workers that I never considered buying AVGO after its IPO.... SO I was brilliant with FNSR but missed the boat with Broadcom/Avago I made so much with FNSR that I can't complain... but a big part of me feels bad for missing AVGO... . From Message 30880402 4:10 pm Broadcom beats by $0.09, reports revs in-line; guides Q1 revs above consensus; doubles quarterly dividend to $1.02/share ( AVGO) : Reports Q4 (Oct) earnings of $3.47 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus of $3.38; revenues rose 123.7% year/year to $4.15 bln vs the $4.12 bln Capital IQ Consensus. Gross margin 60.8% vs. 59.5-61.5% guidance Raised non-GAAP rev to $4.10-4.175 bln from $4.025-4.175 on Nov 2 when it announced $5.5 bln cash acquisition of Brocade (BRCD). Co issues upside guidance for Q1, sees Q1 revs of $4.00-4.15 bln, excluding non-recurring items, vs. $3.96 bln Capital IQ Consensus Estimate. 4:03 pm Finisar beats by $0.12, beats on revs; guides Q3 EPS above consensus, revs above consensus ( FNSR) : Reports Q2 (Oct) earnings of $0.58 per share, excluding non-recurring items, $0.12 better than the Capital IQ Consensus of $0.46; revenues rose 15.2% year/year to $369.9 mln vs the $364.29 mln Capital IQ Consensus. Non-GAAP gross margin improved to 37.2% compared to 33.1% in the first quarter. "This growth was primarily driven by strong demand for 100G transceivers. In addition, customer demand for wavelength selective switch and ROADM line card products was strong. Our gross margins improved significantly due to a favorable product mix and leverage achieved from our vertical integration with larger volumes. The combination of revenues being at the higher end of our guidance range with higher gross margins resulted in earnings per fully diluted share above our guidance range," Co issues upside guidance for Q3, sees EPS of $0.58-0.64, excluding non-recurring items, vs. $0.48 Capital IQ Consensus Estimate; sees Q3 revs of $378-398 mln vs. $377.62 mln Capital IQ Consensus Estimate. Co sees Q3 non-GAAP gross margin of ~37% to 38%, non-GAAP operating margin of ~18.5% to 19.5%.

To: rdkflorida2 who wrote (4540)	12/12/2016 9:56:48 AM
From: Kirk ©	2 Recommendations Recommended By Investor Clouseau mary-ally-smith Respond to of 26412

What lessons can we learn from Venezuela? reuters.com "Paying a restaurant or supermarket bill without a debit or credit card can often require a backpack full of cash." Authorities on Thursday are due to start releasing six new notes and three new coins, the largest of which will be worth 20,000 bolivars, less than $5 on the streets. No official inflation data is available for 2016 though many economists see it in triple digits. Economic consultancy Ecoanalitica estimates annual inflation this year at more than 500 percent.