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CoronitaParticipant[quote=ucodegen][quote flu]You get my point? Take a contrarian position to what I do. And you will do fine…….I don’t mind turning everyone else around me into great stock pickers with my contrarian indicators based on my own (lack of abilities)….You are welcome.[/quote]
So are you going to open up a thread where you post every purchase, sale or short that you make?Logic clearly dictates that the needs of the many outweigh the needs of the few
☺[/quote]
Lol. Sure. Though I don’t own either VLO or VLP anymore…. Sold VLO around 52.5 and sold VLP around 46 about 2.5 weeks ago….
Now I get to wait for the nice tax bill.
CoronitaParticipant[quote=sdgrrl]I am way to used to FB. I was looking for the “like” option. Haha[/quote]
people like you are the reason why FB stock is $65/share instead of $18/share.
(serious remorse of not buying any shares back when things were $18… Thanks for nothing…)
🙂
CoronitaParticipant[quote]
Long time in posting and hope all are well. Curious what the piggies think of what is going to occur as the Baby Boomers begin to retire and start unloading assets.
Will they have a great retirement due to their home value? Will the market be inundated with a flood of homes? Did our Baby Boomers en masse not prepare accordingly for their future and we will possibly see foreclosures for the elderly increase?
[/quote]The ones that managed their money well will live a wonderful life..And afterwards figure out a way to pass on their assets to their heirs..
The ones that didn’t well, they are screwed…
Just like in every part of life.. there will be winners and there will be people who lose.
CoronitaParticipant[quote=spdrun]Uh what? Intel has been making WiFi/Bluetooth chips for years.
Speaking to a previous poster, the problem with Windows Phone/RT is that the OS is utter crippled garbage. Windows on tablets beats out iOS or Android in functionality when we’re talking about Windows 8 or 8 Pro running on a mobile device (with 10+ years of software developed for Windows behind it), not a “lite” version that’s limited to “Metro(sexual)” craplets from the Microsoft store.[/quote]
Not in the majority for mobile/tablets… Check your facts…They aren’t there…They bought infineon for that purpose. But sold it off at a huge loss to Marvel a 3-4 years ago… And Marvel IS doing reasonably well.
CoronitaParticipant[quote=AN]flu, I’m not so sure about your 3-legged race part. I wouldn’t count out Intel if I were you. They seem to do a pretty good job with Broadwell and Haswell. If they can continue on that trajectory and integrate LTE (which last I heard should be soon), would be a force to be reckon with. They also just announced that they found a way to reduce GPU power consumption by 40%. That’s huge. They’re also aiming for the <$100 tablet market too. We'll see how this market evolve. MediaTek has been on a massive rise because of Android. My question is, what would happen if Microsoft decides to make WP and WindowsRT free. That's the rumor that I'm hearing floating around. If they do, it would give OEM huge incentives to switch over to Microsoft ecosystem instead of Android, since OEM have to pay both Microsoft and Apple (and in some cases, i.e. HTC, to Nokia as well) for every Android devices that they make. If Android goes into a decline and Windows increases marketshare, I think MediaTek would be in trouble, since Windows only support Qualcomm chips and full Windows supporting only Intel. It's interesting time ahead, but somehow, I think Intel and Qualcomm might turn out to be dual-opoly if Microsoft succeed.[/quote] I haven't seen any intel platforms on the market making a sizeable dent... Intel's problems are three folds... 1. There x86 architecture still has yet to gain traction in mobile app processor 2. They still have no connectivity solution (bluetooth/wifi/etc).... 3. Still waiting for LTE to ship... Same could be said for Nvidia 1. No connectivity solution 2. LTE still yet to ship 3. Decent app processor though.... Qualcomm has all three (though the connectivity solution is so-so...)... MediaTek has all three as well, though not a high end solution..... 2014 is a make or break year for many of the companies
CoronitaParticipantNo, because it will bring opportunities for water desalination companies, albeit water may end up being more expensive….
Plus, I live in a lizard invested suburb with virtually no lawn….
CoronitaParticipant[quote=The-Shoveler]yikes !
I Should have switch to social media LOL,
I hopefully things will not get too dire.[/quote]I’m predicting some consolidation that will happen in 2014…..I don’t think some companies are going to make it…. It’s going to probably going to end up being a 3-legged race with Qualcomm, MediaTek, and TBD 3rd player on the low end…..
Speaking of MediaTek…
MediaTek wants to cut cost of LTE smartphones with octa-core processor
Consumers will soon be able to buy LTE smartphones powered by a processor with eight cores for between US$200 and $300 without subsidies, thanks to MediaTek’s latest SoC (system-on-a-chip).
The LTE smartphone chip sector is becoming more competitive, with vendors like Intel, Broadcom and now MediaTek launching products to challenge Qualcomm’s dominance. MediaTek has helped cut the cost of low-end phones and now hopes to do the same with more sophisticated smartphones based on the MT6595 SoC, which was announced Tuesday.
The chip is based on ARM’s big.LITTLE architecture and uses four Cortex-A17 plus four Cortex-A7 CPUs. The Cortex-A17 is ARM’s latest processor and was also announced Tuesday. It offers better efficiency and higher performance than ARM’s existing Cortex-A9 processor. To improve performance even more, MediaTek has implemented its own CorePilot technology to allow all eight cores to be used simultaneously.
“We want to offer great performance at an affordable price,” said Johan Lodenius, chief marketing officer at MediaTek.
After a little prodding, Lodenius said that smartphones based on the SoC are expected to cost between $200 and $300 without subsidies, which is in line with ARM’s thinking. The company said it is targeting midrange smartphones and tablets starting at $200 with the Cortex-A17.
On Monday, Broadcom announced LTE SoCs intended for smartphones priced below $300 without subsidies. Next year, the cost of the cheapest LTE smartphones are expected to be below €100 ($140), according to market research company CCS Insight.
The integrated LTE modem on the MT6595 is capable of speeds up to 150Mbps (bits per second) on the downlink and 50Mbps on the uplink.
MediaTek has also implemented some other interesting features, including hardware support for the new H.265 video codec, letting users record and play back Ultra HD content. Users will also be able to play back video using H.264 and VP9 codecs.
Smartphones based on the SoC can have 20-megapixel cameras and screens with a 2560 by 1600 pixel resolution.
Letting smartphone vendors build affordable devices isn’t just about developing low-cost chipsets, according to Lodenius. The company also offers so-called reference designs—which are essentially blue prints for how to put together a device—to speed up the development phase and lower development costs.
The MT6595 will be commercially available by the first half of year, with devices expected in the second half.
CoronitaParticipanthttp://finance.yahoo.com/news/analysis-taiwans-mediatek-sets-backyard-200757486.html
It’s going to get bloody really really fast….
…And so the race to the bottom begins……
SAN FRANCISCO (Reuters) – Qualcomm Inc, the world leader in smartphone microchips, may want to shore up its defensive tactics.
Taiwan’s MediaTek Inc, the leading chip supplier for Chinese smartphones, is barreling into the U.S. market with a new major global branding campaign and setting up shop in San Diego, California, home to Qualcomm.
This year, MediaTek plans to hire about 150 engineers, business development and marketing staff in the United States, adding to a 300-strong U.S. workforce, said Kristin Taylor, MediaTek’s vice president of U.S. corporate marketing. Outside the United States, the company plans to add 1,000 employees in 2014, increasing its ranks by around 10 percent.
“We really feel that it’s a strategic area,” she said of San Diego’s Sorrento Valley, where MediaTek plans to open its new office in the next few months. It is home to many technology companies clustered around Qualcomm, one of the city’s largest employers.
“A lot of our technology partners sit in that area and we want to be able to serve them,” said Taylor, a former Qualcomm veteran who joined MediaTek last year.
MediaTek is relatively unknown outside Asia, where it has grown in the past decade to become the dominant supplier of low-cost cellphone chips, instrumental in helping companies such as China’s Xiaomi and South Korea’s LG Electronics Inc produce handsets that sell for less than $100 each.
MediaTek plans this month to launch a rebranding campaign highlighting its expansion beyond China and into the United States and other developed markets led by Qualcomm.
“We need to redefine that we really are at this point serving the entire globe and not just small pockets of the world,” Taylor said. She declined to give more details ahead of its launch.
Lacking relationships with U.S. phone carriers, MediaTek is unlikely to challenge Qualcomm’s command of the high-end phone market soon, analysts said. In the mid- and low-tier categories, the Taiwanese company’s ability to produce chips very cheaply is giving it an edge over other U.S. players like Broadcom Corp, Nvidia Corp and even Intel Corp, which are all trying to compete with Qualcomm.
MediaTek, whose stock market value of $18 billion surpasses Broadcom and Nvidia, far outsells Qualcomm in handsets aimed at Chinese consumers but it supplies processors for less than 3 percent of smartphones sold in the United States, according to Strategy Analytics analyst Sravan Kundojjala.
MediaTek believes its future chips will help manufactures make cheap phones that can compete in quality against more expensive devices made with Qualcomm’s components.
CoronitaParticipant[quote=The-Shoveler]For what it’s worth one of the guys we hired from Canada was in his late fifties.
I see engineers at Cisco in their 50’s all the time.
I think you can get away with that in tighter labor markets like San Jose, I tell you it’s really crazy up there.
Don’t know how much longer that will last but if you have software talent and you really need a Job (and cannot find one in SD of course), that’s the place to go.My two cents given the two options, (20 percent pay cut and haul my own stuff to TX) or San Jose I would head north, but that’s just my opinion.[/quote]
I guess I should have put in the disclaimer as well that the “age” rule typically doesn’t apply in Silicon Valley when it’s cooking like it is right now.. and probably will be for some time….I kept my a home up there just in case I would ever return there….Still get a lot of callbacks from old colleagues asking when/if I’m going to return… Unfortunately, things haven’t gotten so crazy to re-allow working remotely from San Diego (yet)….Maybe give it some more time….
Ok, maybe I’m just getting too old…..Been there, done that….
CoronitaParticipant[quote=flyer]This is an interesting thread, but since I’m not in the tech field, (although I received my degree in Aerospace Engineering before becoming a pilot)after reading all of the posts, I was just wondering what the “shelf life” of an engineer, (in all disciplines) is today?
I’ve heard stories that if you don’t make all of your money by at least 50, you’re SOL, and that it’s difficult to find and/or keep a job. Is that true, or just rumor?[/quote]
I’m probably more paranoid than most people….My personal take about tech software in areas like mobile…. that if you haven’t gotten out of pure technical work and moved into senior management, you’re pushing it by the time you hit 40ish… Your shelf life goes quickly down afterwards….
Why? You’re more expensive than your peers, you’re probably less efficient than your peers, and even though you might have experience, people care more about how quickly things get done these days….And since things move rather quickly, you really have to stay on top of your game if you want to stay in business. This rule probably doesn’t apply as much if your work for the government or for the defense business, or if you run your own show and have established your connections…..but for tech companies in cut throat businesses, consider yourself warned….
I work in a cut-throat business… We compete in foreign markets with other foreign players. And frankly, some of the competition are on 7 day work weeks. We’ve been getting by… by employing people in 3-4 locations around the world so we can do roughly 24 hr development… The difference between winners and losers is drastic…. Winning means you probably have job security more/less at the same company most of your life… Losing at a company really means losing the farm….When you’re younger you had the energy and time to hop around…
It’s really funny because it’s really different from other professions like doctors or lawyers. You hear doctors/lawyers practicing in their 60ies…Much less in engineering…
I predict in about 1-3 years, I will probably be set off to greener pastures, whether it’s voluntary or not…But it’s expected…. I chose to remain technical all my career, since it was where my personal comfort and passion was….But it’s a double edge sword when you’re older.
CoronitaParticipant.
CoronitaParticipant[quote=outtamojo][quote=spdrun]Why salvage? If a junkyard will give you a grand, a private buyer looking to fix the car will give you about the same, and at least you’re not destroying a repairable car.[/quote]
Would not be very bright purchase by private party imo. After fix-up blue book/car value < expenses paid due to accident history. I am getting a very favorable amount of repair$$ from my insurance co-I was expecting a total loss check for 7-8K.[/quote] You can probably get more than $1000 if you chop it up yourself assuming you live where your neighbors wouldn't care about you leaving a junk car. Unfortunately no one is going to spend the time nor money to repair it if it has frame damage.
CoronitaParticipant[quote=UCGal]I know someone who works at web sense…. He’s not moving. But both he and his wife have extended family here and don’t want to leave San Diego.
My understanding is that if the move is more than 50 miles you can turn down a real offer and its the same as being laid off from an unemployment insurance point of view.
[quote=flu][quote=The-Shoveler]I have been to Austin, Not my cup of tea.
If I had to move there I would be planning my escape from day one.[/quote]
I’m trying to follow ucgal’s lead into trying to retire early… Hopefully before I turn 40…. errrr….
scratch that… make that now 41….[/quote]
I’m still working my plan. I’ll be out at 55 at the latest… Sooner if the market does well. Could do it now if I was willing to sell and tell to a cheaper place, like Texas…. But I like San Diego so I’ll work a few more years.[/quote]
You’re my hero ucgal…. Totally hear you…Unfortunately, the only other place that I would consider moving to, aside from overly expensive San Diego, is… back to ridiculously expensive Silicon Valley……
Once upon a time I considered going to websense and active networks… I turned them both down… I guess that ended up being a good thing…
CoronitaParticipant[quote=outtamojo]My 530 has actually been very reliable in the time I owned it- likely because 2003 was the last production year for that particular body style and most of the kinks had been worked out. Going forward I am not confident I won’t be getting some
expensive mechanical issues though.[/quote]If it was a 3 series, I would be interested in it …running as auto-x/track car..Unfortunately, 5 series are a bit too big for my tastes for non-commute cars…
—Get another car, but keep this one…And run it at the BMW auto-x as a “LeMon’s” car
—Speaking of cars. Just spent the entire day replace all my suspension bushings on my miata, new sway bars in front…
The nice thing about the miata.. It’s cheap to fix and upgrade, and if I hit a few cones on the auto-x, I don’t care about effing the paint…
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