Moon Kil Woong
Moon Kil Woong
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CenturyLink's New Cloud Focus Will Push Stock Higher [View article]
Given that Telcos that already have business by CO's should naturally step in. Century Link and Verizon are right to eat into this business.
Is It Possible That We Are Too Bearish On Netflix? [View article]
The T-Mobile Merger Will Still Get Done [View article]
Netflix Dodges Facebook Bullet [View article]
Netflix's competition will come from Amazon, Apple, and a slew of entertainment, media, and telecommunications companies. You can rest assured the war has not really begun for online downloadable media content. The players aren't even defined yet and the gambling is starting. Netflix will be involved but dominant through the decade is still not a guarantee even if investors are bidding the shares up like it is.
Market Saturation Makes Netflix a Risky Bet [View article]
The bigger question is management's savvy and their tech savvy which is debatable. Certainly, arguing with posters on SA is not one of their better uses of time. Especially when his refutation was no better than the original argument.
Whitney Tilson: Why We're Short Netflix [View article]
However, their content is weak and the media is breeding both competitors and fighting the inevitable trend. It may not work out for Netflix. In the meantime, they are still also dependent on their DVD disk maining business which should be heavily discounted on their valuation. Because of this, they are probably over-valued. You only pay high multiples for the new streaming content, not the garbage legacy DVD business that is doomed.
Other than that, I have been bullish on Netflix but see, like their CFO, many hurdles including their potential inability to remain on top of their streaming business. I put technology advances as #1. As far as I can tell they are having scalability problems and their service can suffer as a consequence. They actually need a tie up with an advanced Internet service provider which may be costly in terms of their demands for an equitable relation in terms of their customer's bandwith demands.
The Battle for America's Living Room [View article]
In fact, the less you watch the garbage generated by big media the better you probably are. I look forward to what content the web will serve up and almost hope the big boys refuse to play. That creates a sandbox for new providers to grow up in. As for news, I can get that all on the Internet without having to plod through hours of non-news spin and diatribe. We can think for ourselves. We no longer need big media to dictate our worldview and control our entertainment.
Guys, buy a Sony EX2 and start filming. There's a wanted sign on the Internet for new video content. And that desire will only grow.
Mobile Apps: The Wave of the Past [View article]
Mobile apps are not really the wave of the past, they are the inevitable future that you will not imagine going without. The author may be right that they might not be the giant money centers in the future. But really, there hasn't been a Google of web apps really. So I don't really expect an app driven market crash.
As for the need for people to destroy proprietary coded walled gardens, I'm all for it. But please start with Microsoft not Apple.
Netflix: This Stock's Story Is Over [View article]
I commented before that Netflix was a great company and the stock was reasonable. I only feel that it's a bit rich on hype right now. The company is great and some version of their model is the future. If they can keep on growing they will catch up to their stock price, but the market is liable to adjust their value back to some normalcy long before that.
Wall Street Breakfast: Must-Know News [View article]
As for the Volker rule, it is a watered down Glass Stegall because the financial lobby is too strong to think you can ever go back to Glas Stegall.
Emerging Dominance in Cellular, TV and ISP Markets [View article]
The Future of the Cable-TV Business Model [View article]
John Paulson on Bonds, Equities and Inflation [View article]
Federal Reserve hopes will happen: that easy money will lead to asset price reflation We already have it. However, commodity and equity asset inflation does not easily translate into more jobs, better quality of life, or actually more things made or sold, just higher prices, inflation, misallocation of resources and bubbles galore.
Paulson is probably right about inevitable inflation and bubbles being formed. But I would not say it's fundamentally bullish for America. To me his gamble is that the US is addicted to easy government money and he doesn't expect the government to end the gravy train until the cupboards are completely empty. He has a point.
Another Bear Turns Bullish [View article]
Thus, perma bears will have a tough time getting the index to new lows anytime soon. Those fund managers with money have a lot of catching up to do if they missed the first silly circus rally. They will be more than happy to be the clean-up clowns for the second act.