Browsing Category: "Companies"
I just received a great comment regarding my recent article on valuing Microsoft. The reader noticed that I only used $9 billion in net cash to determine the intrinsic value of Microsoft shares. However, that $9 billion in net cash only included cash and equivalents. It did not include short-term investments, and Microsoft has a significant amount of [...]
As Microsoft’s stock hit a multi-year high of $31.45 today, I decided it was time to revisit my analysis of this stock. I first bought stock in Microsoft (MSFT) on October 10, 2005 and then I bought it again on May 1, 2006 when it once again dropped below $24.50. I originally determined that MSFT had an intrinsic value of [...]
Timm wrote: What do you think of UFI a textile company selling at approximately 0.36 times book. Current price is $2.55 wit 0.69 in cash. Assets are mostly tangible with recent divestment selling for more than 70% of cost. Mgmt is trying to unlock value. I took a few moments today to look into Timm’s [...]
Eric Savitz, author of Barron’s Tech Trader Daily, reports on the various analyst reviews following Microsoft’s Analyst Day. The main news from the meeting involved the introduction of Zune, Microsoft’s iPod challenger. It was also reported that there could be further delays with Windows Vista to ensure that the product is ready. In terms of what [...]
I was just exploring Barron’s new blog, the Tech Trader Daily, for the first time today. I noticed a short article titled, “Ebay: Bear Stearns Says It Is Time To Buy“. Ebay Inc. is a great business with a tremendously wide moat with both its only marketplace and its PayPal payment processing service. I was rather [...]
My recent posted titled, “More Microsoft” generated a significant amount of interest. I was a bit surprised by the number of comments that I’ve received. I appreciate all of them, even the comments that don’t agree with my decision to add more Microsoft (MSFT) stock to my portfolio. I discussed some of my valuation rationale [...]
I couldn’t resist the prices Mr. Market was offering for Microsoft (MSFT) today. Last Friday Microsoft’s stock took a beating. Shares where down over 11 percent. The company lost more than $32 billion dollars in market capitalization. All this as a result of Microsoft missing profit expectations. Given the delays with Vista and Xbox problems, [...]
On Day 9 of the 30 Days to Becoming a Better Investor project, I introduced you to EDGAR. I also mentioned that I would detail some of the key things you want to look for in a proxy statement. In the following paragraphs, I’m going to explain what a proxy is, how you can find [...]
I have been recently thinking about my purchase of Microsoft (MSFT) stock. I have been struggling with how to explain its economic moat, until I ran across an email written by Warren Buffett on this very same topic!
I wanted to make a quick note that I purchased some Microsoft (MSFT) shares today as part of my long term holdings. I found the price of $24.50 per share for this wide moat company to be very attractive. I’m a bit short of time right now to provide further details, but I plan on [...]
