Posts for Ticker ‘ONT’

Tech Giants Now Hold ~$265 Billion Cash To Spend (HPQ, COMS, INTC, AMD, MSFT, CSCO, AAPL, GOOG, ORCL, JAVA, QCOM, EMC, YHOO, DELL, AMZN, EBAY, ONT, BRCD, JDSU, STAR, VMW)

You have already seen the Hewlett-Packard (NYSE: HPQ) buyout of 3Com Corporation (NASDAQ: COMS).  But this week before that deal was announced we covered how mergers in the technology sector have been very slow to develop over the scale in which we and others think is possible for the sector.  After the Intel Corporation (NASDAQ: INTC) settlement with Advanced Micro Devices (NYSE: AMD), the tally of cash that is now estimated would be an implied $265 billion that is available for the tech giants in our 24/7 Wall St. Real-Time 500 to make acquisitions.

The giant cash balances are held by Microsoft Corporation (NASDAQ: MSFT), Cisco Systems Inc. (NASDAQ: CSCO), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), and Oracle Corp. (NASDAQ: ORCL), assuming nothing happens with Sun Microsystems Inc. (NASDAQ: JAVA).  But players like QUALCOMM Inc. (NASDAQ: QCOM), EMC Corporation (NYSE: EMC), International Business Machines (NYSE: IBM), Dell Inc. (NASDAQ: DELL), Yahoo! Inc. (NASDAQ: YHOO), Amazon.com Inc. (NASDAQ: AMZN), and eBay Inc. (NASDAQ: EBAY) are either all sitting with large amounts of cash or will be very soon.

We have broken out these technology, IT, software, and Internet companies by the cash amount they hold or what they have in a soon-to-be cash balance.  Of course only a fraction of this cash will be used for mergers.  But there is also a ton of room here for dividends and of course the share buybacks.

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Posted on: November 12, 2009 – 11:31 am in Consumer Electronics, Cramer, Dividend, Editor's Picks, Internet, Large Cap Stocks, Mergers and Buy Outs, PC Companies, Private Equity, Rumors, Semiconductor, Software, Stock Buybacks, Technology Companies, Telecom, , , , , , , , , , , , , , , , , , , ,

Tech Titans Still Have $269 Billion Cash For Deals (MSFT, CSCO, AAPL, GOOG, INTC, HPQ, QCOM, EMC, VMW, YHOO, DELL, ORCL, JAVA, AMZN, EBAY)

The recovery is on and mergers are happening, yet the technology sector has been slow to make deals.  Despite some deals already having taken place from the technology giants and that $260 billion cash balance which was there in the middle of last quarter is even larger now.  The tally for cash by our count is now right around $269 billion.  We looked through the top market caps of technology companies in our 24/7 Wall St. Real-Time 500 and this list is expanded now that some issues have been resolved in all the companies.  The stocks in this group are Microsoft Corporation (NASDAQ: MSFT), Cisco Systems Inc. (NASDAQ: CSCO), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Intel Corp. (NASDAQ: INTC), Oracle Corp. (NASDAQ: ORCL), Sun Microsystems Inc. (NASDAQ: JAVA), Hewlett-Packard Company (NYSE: HPQ), QUALCOMM Inc. (NASDAQ: QCOM), EMC Corporation (NYSE: EMC), International Business Machines (NYSE: IBM), Dell Inc. (NASDAQ: DELL), Yahoo! Inc. (NASDAQ: YHOO), Amazon.com Inc. (NASDAQ: AMZN), and eBay Inc. (NASDAQ: EBAY).

These few tech companies with the $269 billion cash that could be deployed for mergers, acquisitions, or the good old dividends are also listed before tallying up credit lines, factoring, debt sales, and other creative financing methods.  We have listed the suppositions and counting methods for each one to illustrate how much is available at each company.
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Posted on: November 10, 2009 – 1:07 pm in Consumer Electronics, Dividend, Editor's Picks, Internet, Large Cap Stocks, Mergers and Buy Outs, PC Companies, Private Equity, Rumors, Semiconductor, Technology Companies, Value Investing, , , , , , , , , , , , , , , , ,

Media Digest 8/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Wal-Mart (WMT) will report results with Wall St. looking for sales growth.

Reuters:   US home foreclosures set a record in July.

Reuters:   Citigroup (C) hired outsiders to help with a management review.

Reuters:   The former head of AIG (AIG) has offered $115 million to settle a suit. Read More »

Posted on: August 13, 2009 – 4:07 am in Press Digest, , , , , , , , , , , ,

Media Digest 8/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   A bubble may be forming in the corporate bond market.

Reuters:   Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP Morgan (JPM) and Blackstone (BX) could get large fees.

Reuters:   A judge would not approve an SEC settlement with Bank of America (BAC) Read More »

Posted on: August 6, 2009 – 3:58 am in Press Digest, , , , , , , , , , , , , , , , , , , , , ,

Top Day Trader Alerts (ACAS, GRMN, NVAX, ONT, PG, USU, WFMI)

These are this morning’s top day trader and active trader alerts.  We have links through to VSInvestor.com for more detailed price and volume analysis on each stock:

American Capital Ltd. (NASDAQ: ACAS) is down a sharp 20% on a wide loss and issue on its covenants.

Garmin Ltd. (NASDAQ: GRMN) is up huge in pre-market trading after earnings were less-bad.

Novavax, Inc. (Nasdaq: NVAX) is soaring as one of NASDAQ’s most active issues.  The company has manufactured a virus-like particle vaccine candidate against the H1N1 pandemic influenza virus.

On2 Technologies (NYSE AMEX: ONT) is up almost 55% at $0.59 after a Google buyout deal.

Procter & Gamble Co. (NYSE: PG) is down almost 4% on weak earnings metrics and choppy guidance.

USEC Inc. (NYSE: USU) is up over 12% after a DOE delay on the loan guarantee application.

Whole Foods Market, Inc. (NASDAQ: WFMI) is hitting 52-week highs on strong earnings and a slight return to growth.

The 24/7 Wall St. Team

Posted on: August 5, 2009 – 8:56 am in Pre-Market Activity, Trading Alert, , , , , , ,

Top 10 Pre-Market Analyst Calls (APKT, ARMH, BRCM, CPN, DIS, JNPR, KND, MRK, ONT, SU)

These are ten of the analyst calls with upgrades and downgrades we are focusing on this Monday morning in pre-market trading:

  • Acme Packet (NASDAQ: APKT) cut to Underweight at JPMorgan; cut to Neutral at Piper Jaffray.
  • ARM Holdings (NASDAQ: ARMH) raised to Buy at UBS.
  • Broadcom (NASDAQ: BRCM) raised to Buy at Piper Jaffray.
  • Calpine (NYSE: CPN) downgraded to Equal-Weight at Lehman Brothers.
  • Disney (NYSE: DIS) cut to Underweight at Lehman Brothers.
  • Juniper Networks (NASDAQ: JNPR) raised to Buy at Piper Jaffray.
  • Kindred Healthcare (NYSE: KND) raised to Outperform at Friedman Billings.
  • Merck (NYSE: MRK) downgraded to Neutral from Buy at UBS.
  • On2 Technologies (AMEX: ONT) downgraded to Neutral from Buy at Merriman Curhan Ford.
  • Suncor Energy (NYSE: SU) raised to Overweight at JP Morgan; raised to Outperform at Friedman Billings.

Jon C. Ogg
July 7, 2008

Posted on: July 7, 2008 – 6:36 am in Analyst Calls, , , , , , , , , ,

Streaming Media Names Industry Hall Of Fame, 24/7 Wall St. Editor Lands A Spot (MSFT)(RNWK)(AKAM)(GE)(CMCSA)

Streaming Media Magazine and Streamingmediia.com have released their list of the twenty-five most important people in in the streaming media industry over the last decade.

“I suppose if you extend the baseball metaphor, these 25 people would really make up the streaming media hall of fame,” said Eric Schumacher-Rasmussen.

According to Streaming Media "We began the selection process by issuing a call for nominations on StreamingMedia.com and to our Streaming Media discussion lists. From a list of more than 75 nominees, we picked the 25 who most clearly fit the bill, either for the technology they’ve created and advanced or the ways in which they’ve implemented solutions as end users."

The list includes Rob Glaser, CEO of Real Networks (RNWK), Stephen Condon, head of marketing at Verisign (VRSN), Michael Gordon, founder of Limelight Networks (LLNW), George Kliavkoff, Chief Digital Officer of GE’s (GE) NBC Universal division, Tom Leighton, co-founder of Akamai Technologies (AKAM), Andrew Olson, SVP Comcast (CMCSA) Interactive Media, Ben Waggoner, Silverlight division of Microsoft (MSFT), and Douglas A. McIntyre, Editor of 24/7 Wall St.

Posted on: April 11, 2008 – 4:00 am in Media, , , , , , , ,