Research 2.0

Thanks for the opportunities…

Kris_Tuttle — Tue, 12 Aug 2008 14:49:56 +0000

The NYT noted in a recent article some comments by Frank Quattrone highlighting some of the dysfunction visited on the Wall Street research world several years ago. It does a good job of highlighting one reason that Research 2.0 and the Creative Destruction Fund are such a good fit in the current environment. Investors want [...]

Steve Jobs and Michael Dell Interview Transcript

Kris_Tuttle — Thu, 31 Jul 2008 06:38:07 +0000

Steve Jobs and Michael Dell recently met informally over lunch to have a chat without handlers, press or investment bankers. Dell reached out to Jobs with the idea of the meeting and Steve graciously accepted the invitation. Michael and Steve felt a kinship in that both were founders and pioneers in the technology business [...]

“CEOs I know” dropping like flies…

Kris_Tuttle — Mon, 28 Jul 2008 14:03:09 +0000

Outside of the dry statistics concerning the ongoing consolidation in the software market is our own readership and contact network. Research 2.0 has always focused on the position and influence of clients and readers rather than sheer numbers. The number of CEO research clients has been an important aspect to our business model. We always loose [...]

Data Domain Comes Through

Kris_Tuttle — Fri, 25 Jul 2008 12:12:31 +0000

We highlighted Data Domain (DDUP) in a prior post a bit over a week ago as being exceptionally timely given the excellent data we were getting through our research sources and the market-driven pull-back in the stock to levels that provides some meaningful upside to our $24 IV estimate. The stock has held up well [...]

Is eBay next?

Kris_Tuttle — Wed, 23 Jul 2008 15:34:29 +0000

With the Yahoo festival seemingly winding down or at least bringing us all to the point of fatigue we have started to wonder if eBay is next. The stock has been a disaster these last five years with the shares down 20% during the period and off over 50% from their highs of $58 back at [...]

DIG/DUG and all that oil jazz.

Kris_Tuttle — Sun, 20 Jul 2008 18:49:45 +0000

There is an increasing number of discussions and recommendations about being short or long oil. A number of innovative ETF vehicles have been springing up to provide ways of playing oil long or short, even leveraged in either direction. At the same time the usual suspects are out there encouraging individuals to try their hand [...]

Data Domain (DDUP) reaches buy point.

Kris_Tuttle — Wed, 16 Jul 2008 13:41:41 +0000

We’ve been following Data Domain for over a year and it has tended to be too expensive to buy. Our intrinsic value (IV) estimate has been fairly consistent at $24/share but recent inputs suggest the company may be able to do well enough for us to tweak our model higher and see an IV in [...]

Google investors still get hung up on culture and strangeness.

Kris_Tuttle — Wed, 09 Jul 2008 18:02:45 +0000

Institutional investors are mostly not tuned into the Google zeitgeist even though they own major positions. As possibly the most over-followed company on the planet Google investors will hear about every little ripple of information. The weirdness stems from the Google culture where engineers can spend time doing pet projects and see the show up as [...]

Enterprise pull for Apple.

Kris_Tuttle — Mon, 07 Jul 2008 15:37:11 +0000

Apple will continue to benefit from having a relatively small base in the enterprise. Two new surveys out that are credible point to fairly high pent up demand for both Mac computers and the iPhone in corporate settings. Goldman Sachs was out with one showing 17% of companies plan to support the iPhone on their [...]

So much for “decoupling.”

Kris_Tuttle — Thu, 03 Jul 2008 11:03:36 +0000

Somehow those economist and strategist types talking about decoupling a few months ago failed to notice one little thing, every country uses energy and food. So even as regional economies develop their own production and consumption ecosystems we will still be tied very closely together thanks to the things we share. This is another reason [...]