DOW
loading...
NASDAQ
loading...
S&P
loading...




Action Alerts PLUS
RealMoney Silver
Market Movers
Stocks Under $10
Options Alerts
Breakout Stocks
View All


Now, enjoy the good life every day!

RSSRSS FEEDS
PODPODCASTS


RealMoney.com: Market Commentary
Print This Story

Cody Willard's Mailbag

By Cody Willard
RealMoney.com Contributor

1/21/2006 1:31 PM EST
Click here for more stories by Cody Willard
 
 Mailbag
  • I'm bullish on the economy but still short Ericsson.
  • The tech revolution includes more than Apple but better companies than SeaChange.
  • Several readers wrote to say they don't share my optimistic view of life and the economy in the U.S.



I try to answer all the reader email I receive -- a daunting task, but one that often yields interesting discussions. Here are a few of the best exchanges from this past week:


Cody, in RealMoney posts -- in general, when you use the term "long-dated" regarding options, as you did today about F5 (FFIV - commentary - Cramer's Take) calls, how long and what range of months out do you mean (again, in general)? Just so we understand the reference when we read you. Thanks.

Usually, I'm referring to a period of three to six months or so, sometimes as long as a year.


Cody, I subscribe to your newsletter (although often times do not get around to reading it) and read your column because I respect your hard work and know you have reasoned opinions. I've missed out on lots of upside because I am more long-term and think (and have for years) that the U.S. markets will be taking a large hit. I was delighted to see in your analysis that Ericsson (ERICY - commentary - Cramer's Take) is a short, because now I can attempt to profit from your wisdom finally (I bought a few April 35 puts). Thanks for your continuing fine work (and now I will have to start reading the newsletter!)

Thanks, Mike! We'll see. It's not a terribly large position for me, because I'm just so bullish on the economy that I have a hard time being short good companies like Ericsson. But it is what it is.


Do you think the gap at Google (GOOG - commentary - Cramer's Take) to $415 gets filled here, or is that something you don't subscribe to?

I believe technical analysis is mostly silly.

Wow, what do you use to time entry and exits then?

Brains! Just kidding. But you should search back a couple years for "cody" and "TA" on RealMoney to read my diatribes about technical analysis.


How come you never mention the dynamics of Hynix and Samsung Electronics, which are still some of the larger components of the semiconductor and NAND space? Clearly cheaper and have outperformed other stocks you've mentioned.

I don't like the transparency (or lack thereof) into those companies. They're "cheap" for a reason.


Cody, does the revolution include Apple (AAPL - commentary - Cramer's Take) alone? Or does it include all forms of on-demand media? A little while ago I bought some common in a small company called SeaChange International (SEAC - commentary - Cramer's Take) that focuses on IP-TV infrastructure, from storage to transmission. They just got a nice upgrade today. I was just curious -- have you ever looked at the company?

There are plenty of others (SanDisk (SNDK - commentary - Cramer's Take), Google, F5, etc.). As for SeaChange, it's in the same boat as Harmonic (HLIT - commentary - Cramer's Take): the worst executors ever -- though I suppose both can't be the "worst" at the same time. Anyway, they are serial disappointers.


My column about how in the U.S. Life and Economy Keep Improving generated all kinds of feedback, both positive and negative. Here are a few:


A buddy of mine liked to say that after WW II, if you touched a recently manufactured item, there was a 50% likelihood that it was made in the USA. ... Maybe the postwar situation was an artifact of the times and not the natural order, but what's wrong with an era in which you couldn't imagine a future that wasn't so bright that you had to wear shades? Just sayin'.

I do have to wear shades (literally and figuratively). You sure the country changed, or did you?


Go to NEXT PAGE


 RELATED STORIES

Market Commentary
Finger Off the Trigger on the NDX
1/20/2006 9:12 AM EST
With the index moving strongly in both directions in the 1710-45 range, extending new capital is risky.

Market Commentary
No More Forecasts
1/19/2006 9:34 AM EST
Reg FD has closed off the back channel, so companies issue useless guidance. Let's just ditch it.

Market Commentary
Where the NDX Goes, Nobody Knows
1/19/2006 9:22 AM EST
Congestion after a big gap down makes it difficult to guess what's next.



At the time of publication, the firm in which Willard is a partner was net short Ericsson; net long Google, SanDisk, F-5 Networks and JDSU, although positions can change at any time and without notice.

Cody Willard is a partner in a buy-side firm and a contributor to TheStreet.com's RealMoney. He also produces a premium product for TheStreet.com called The Telecom Connection and is the founder of Teleconomics.com. The firm in which Willard is a partner may, from time to time, have long or short positions in, or buy or sell the securities, or derivatives thereof, of companies mentioned in his columns.None of the information in this column constitutes, or is intended to constitute, a recommendation by Willard of any particular security or trading strategy or a determination by Willard that any security or trading strategy is suitable for any specific person. Willard appreciates your feedback -- click here to send him an email.

Write us!
Order reprints of TSC articles. Top



Brokerage Partners


TheStreet Premium Services
Jim Cramer
Jim Cramer's Action Alerts PLUS
Now any level of investor can trade right alongside a Wall Street pro — and enjoy 24/7 access to his portfolio! Learn More
Doug Kass
RealMoney Silver
The genius of Doug Kass + 5 Premium Services = an unrivaled group of expert fundamental analysts, technical analysts, and Wall Street observers. Learn More
Don Dion
NEW! Don Dion's ETF Action
A concise two-step strategy for learning and trading in this increasingly lucrative area of investing. For all levels of investors! Learn More
David Peltier
Stocks Under $10
David Peltier is ready to help you find affordable stocks under $10. Because they're so inexpensive, the payout could be enormous! Learn More
Bryan Ashenberg
Breakout Stocks
Bryan Ashenberg combines sophisticated screening software with eagle-eye analysis to find small and mid-caps ready to break out! Learn More

Investor Relations | Privacy Policy | Terms of Use | Conflicts Policy | Corrections | Internet Index | Advertise | FAQ
Site Map | Who's Who | Reader Feedback | Employment | Contact Us
RSSSubscribe to our RSS Feed
© 1996- TheStreet.com, Inc. All rights reserved.
TheStreet.com's enterprise databases running Oracle are professionally monitored and managed by Pythian Remote DBA.