Thirty years ago, in March 13th, 1986, a little company named Microsoft (MSFT) went public. Split adjusted the IPO price was below 10 cents!. At the time the Nasdaq Composite (CCMP) was trading very near 300. MSFT …
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Smart money is constantly hunting for the next big technological service, standard or platform. To get a sense what that smart money is looking at (to eventually bet on), I follow a bunch of VC …
Continue readingLast night Salesforce.com (CRM) reported fiscal Q2 results that were generally inline. They guided the current quarter down a touch, and left full year guidance intact. The stock was down 8% last night in the …
Continue readingThe technology industry is full of ‘collaborations’. Established players that are slow to innovate and adapt to increasingly rapid change often invest in, or partner with smaller companies for a whole host of reasons. I …
Continue readingEvent: Intel (INTC) reports Q2 results after the close. The options market is implying about 3.5% one day post earnings move which is a tad higher than the 4 quarter average one day post earnings …
Continue readingEvent: Microsoft (MSFT) reports fiscal Q4 results tonight after the close. The options market is implying about a 4.5% one day move, which is well below the 4 qtr average one day move of about 6.6%, and inline …
Continue readingBack in August if 2011, Marc Andreessen, co-founder and general partner of venture capital firm Andreessen-Horowitz penned a prescient essay in the Wall Street Journal explaining; Why Software Is Eating The World. At the time, skeptics wondered …
Continue readingOn more than one occasion over the last few days since Microsoft’s (MSFT) announcement that they are buying LinkedIn (LNKD) for $26 billion, Dan has offered some skeptical thoughts on the reasoning for such an acquisition (read here). …
Continue readingI don’t have too many go to sayings about markets and trading. There is one that I hear on the Finance Twitter a lot, Price is Truth. The assumption is that risk assets trade where …
Continue readingEarlier today I offered some initial thoughts on Microsoft’s (MSFT) $26.2 billion cash bid for LinedkIn (LNKD), ($MSFT gets $LNKD). In a nutshell, my view is this deal is just another attempt, in a long line of failed attempts …
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