Submitted by Tyler Durden on 05/24/2012 09:01 -0400
China
Google
Ira Sohn
Now that the Ira Sohn conference has become a worthless hypefest, in which everyone and their kitchen sink is invited in a desperate attempt by hedge funds to offload positions put on ages ago to witless alphaclone chasers, the real "idea dinners" are few and far between. One such remaining one, which unlike other does not seek to publicize its positions to the retail investor is that held by Monness Crespi in which very select hedge funds are invited. Below we summarize the stock picks from last night's dinner. We are not at all surprised to find FaceBook already making enemies.
MCH Technology Idea Dinner
1) Netflix Inc. (NFLX) – Short
2) Indira Sistemas (IDR SM) – Long
3) China Unicom (762 HK) – Short
4) TE Connectivity Ltd. (TEL) – Long
5) Western Digital Corp. (WDC) – Long
6) Facebook Inc. (FB) – Short
7) AAC Technologies Holdings Inc. (2018 HK) – Long
Taiwan Seminconductor Manufacturing Co. (TSM) – Short
9) Allscripts Healthcare Solutions (MDRX) – Long
10) Google Commentary – Long
11) Unisys Corp. (UIS) – Short
12) Broadsoft Inc. (BSFT) – Long
13) Mastec Inc. (MTZ) – Long
http://www.zerohedge.com/news/facebook-makes-monness-crespi-idea-dinner-short-list-full-stock-pick-summary?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
LawsofPhysics
LawsofPhysics's picture
Why do these guys keep shorting the chip manufacturers? I see a huge boom for AMD and TSM making the chips for all the new computers that will be needed to fly drones, and process all the information that the governements are now collecting via the web and all the cameras around the globe. Heck, they just put a stop light on one of our county roads, many miles from any other light, and there are cameras on the lights looking in every direction. Really? WTF, I wonder if I can get a weblink so I can watch the soybean grow (planted on two sides of this road). Really? This is an effective use of taxpayer dollars?
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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