Srinath Vasan is a leading analyst at an asset management company in India, and specializes in Banking Stocks. His commentary and conclusions are rooted in his extensive knowledge of accounting practices (and accounting shenanigans), coupled with fundamental analysis and a good dose of common-sense. ICICI bank (NYSE: IBN), (Bombay: 532174.BO). This is a very interesting case ...
Since I wrote about Glass-Steagall, CDS’s [Credit Default Swaps], Blythe Masters and the Gramm-Leach-Bliley act in an older article, I had to reply to several private e-mails on how stupid the pricing of CDS’s were. Now, most CDS’s are priced and transacted in an unregulated environment. In fact, most of the larger investment banks used ...
I was talking to a couple of people I know, and e-mailing a few more regarding Samsung’s $26/share offer for SanDisk – and SNDK’s prompt rejection of the [as it is now] – friendly overture from Samsung. So, the question was – is a hostile takeover is SNDK possible at all? For starters, Eli Harari ...
A little over a month ago, I wrote that the worst was not yet behind nVidia. UBS was second in line, and they based their decision on competition and growth worries. My basis for the need to hold-off on NVDA’s stock was based on both research and intuition. For starters, they had a manufacturing issue that cost ...
Back in October of 2001, Apple introduced the first iPod. Apple’s press release read – an “Ultra-Portable MP3 Music Player Puts 1,000 Songs in Your Pocket”. Priced at $399 a pop and aided by really slick advertising, it was an instant hit – that put Apple on the fast track – from a company ...
The big news in semiconductors was the possible takeover of SanDisk by Samsung on Friday, 5th Sep 2008. Let’s for a second assume that Samsung [which already has close to a 50% market share in NAND flash] can indeed acquire SNDK [the #2 player with a little over 10% market share] – and keep the ...
After selling their X-Scale processor division to Marvell, Intel still seems interested in the smart-phone, MID market – which they hope to conquer using their Atom series of processors. While these compare favourably in computing power with say the TI OMAP 3440, I think that INTC once again has fallen into the legacy trap. The ...