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

To: Sun Tzu who wrote (11607)	7/17/2021 2:24:08 PM
From: Kirk ©	1 Recommendation Recommended By Arran Yuan Respond to of 26630

Good discussion! Counters: #1 There is plenty of business from others who don't compete with the chips... autos, phones, tablets, servers, PCs.... Also, Apple used to buy its chips from Samsung... their largest phone competitor and switched new designs to TSMC. That would be business Intel could go after, especially if we get nationalistic like the Chinese are now. #2 There is no such thing as luck... unless you call it being prepared for when the goose drops a golden egg on you and you don't drop it. #3 HP management and DNA is and was great. They left HP when "that Fiorina woman" was in charge and became VERY successful businesses and stocks for me... Agilent & Keysight. Another made test equipment and was sold to the Japanese for a huge premium over what I paid... What was left behind is NOT HP but for the name. Also AVGO/Broadcom was the part where I was before leaving but I didn't invest as I was too close and had too many friends badmouth the decisions to streamline the company and go private... but I did buy where many friends went, Finisar which is now IIVI and made another bundle on that. I sold ALL my HPQ long ago to diversify (buy more KEYS for example) and get low tax rate capital gains and kept a few shares of HPE that has been a real dog. So, I disagree as nobody has broken up Intel into its parts... or is even talking about it. They have actually bought great growth markets in Altera (A NICE big gain for me) and that self driving company from Israel, Mobileye. Anyway, I'm holding my shares and will add if/when it gets cheap to enjoy a nice dividend and probably capital appreciation in the future... if not, that is why I limit my exposure to any single stock these days. It is a lot of $ in what I need to live, but a total loss would not be a big deal due to asset allocation.

To: Sun Tzu who wrote (11607)	7/27/2021 1:09:37 PM
From: Kirk ©	Read Replies (2) \| Respond to of 26630

Seeking Alpha emailed update on China Wipeout. It looks like "Mr. Biden's nice old man" approach with China hasn't had any more luck than "Mr. Trump's beat 'em with a stick" approach. I wonder what China's two lists of red lists are? China wipeout Sweeping crackdowns across China are continuing to send shockwaves across financial markets, with investors finding themselves in the firing line of some of the nation's hottest sectors. Shares of Tencent ( OTCPK:TCEHY) fell 10% on Monday after Beijing ordered the company to give up exclusive music licensing rights, food delivery companies such as Meituan ( OTCPK:MPNGY) were also targeted, while education stocks like TAL Education (NYSE: TAL), New Oriental (NYSE: EDU) and Gaotu Techedu (NYSE: GOTU) slumped about 25% each amid a ban on for-profit tutoring. In fact, the Nasdaq Golden Dragon China Index - which tracks 98 of China's largest firms listed in the U.S. - dropped 8.5% on Friday and another 7% on Monday, marking the biggest two-day selloff since '08. Analyst commentary: "Even when you think China risk is priced, it can get worse," Goldman Sachs wrote in a research note. "The government could come down much harsher than expected penalties for Tencent, they could implement much stricter social insurance programs for delivery drivers/temp employees, they could crack down on other industries viewed as a threat to social cohesion (SFV? Livestreaming? Who knows.)" While Beijing has tolerated conventional regulations on certain sectors in the past, the government now looks ready to kill whole companies or entire industries. One doesn't have to look far to the recent pulling of Ant Group's (NYSE: BABA) IPO or the DiDi Global (NYSE: DIDI) fiasco that shook the investing world earlier this month. China has pointed to financial risk, antitrust concerns and national security violations, but its acceptance of stockholder pain for long-term social control appears to have some market participants reassessing Xi Jinping's Communist Party. Outlook: Investors aren't the only ones reviewing their relationship with China. Another contentious meeting between Washington and Beijing proved unsuccessful on Monday, with Vice Foreign Minister Xie Feng saying the relationship was at a "dead end" and risks "serious consequences." He even presented U.S. Deputy Secretary of State Wendy Sherman with two lists of "red lines" that were necessary to stabilize ties, including "U.S. wrongdoings that must stop" and "key individual cases that China has concerns with."