Pleasure of Bull Run
I know nothing!!
JT 
This too shall pass
4 Likes
I read this as PBR aka Pabst Blue Ribbon.
Well done.
Dreamer
1 Like
Good episode of The Compound & Friends with
Josh Brown & JC Parets of All Star Charts
JT
1 Like
Get on that Train ANET!!
Added 40% shares this morning…
JT
1 Like
Note to self, and others: What was ANET closing price four days ago? $174.09. Today’s close? Today, after hours: $178. So the plus 15%, post earnings is mostly getting back to even. But, adding today, before earnings, was certainly a good move. Why was it down those last 4 days?
Anyway, my shares sit in the taxable account since 2017 and 2019, a few shares bought at $30.14. The tax man awaiteth so there they remain.
Carpe diem, and all that.
KC
2 Likes
Apparently it was Juniper Networks report last week that hit ANET
JT
Thanks, JT. Arista still eating JNPR burgers, I guess. Dreamer will start getting nostalgic just hearing Juniper Networks’ being mentioned. Looks like their revenue is up 40% over the last 4 years and they still disappointed with their guidance.
KC
1 Like
ANET mkt cap $58b, close to $6b runrate annually
JNPR mkt cap $9b, closer to $5.5b runrate annually
Of course, JNPR mkt cap was about $67b about 23 years ago.
So ANET still has its work cut out for them…ha.
Dreamer
Two years of price “consolidation” gets ANET to P/S of 5, right? ANET grew earnings by 124% TTM, Y-o-Y. JNPR grew by 29%. JNPR’s 1YrPEG looks like a decent 0.76. ANET’s is 0.23 which in the Golden Age of Saul would have been a screaming BUY! I think these numbers a correct from a data/math standpoint. I may be in a ketosis fog as I have already managed the “highlight-delete” maneuver and lost a more detailed post. Whether the numbers have any meaning in context of fed action in those two years is another story.
Mr. Market gave me a small gain Tuesday. Fitch erased maybe half of it after hours. Investing on macro is treacherous, but I see headwinds coming from the political theater. How does it manage a 2020 rematch and a 50/50 ideological split among maybe 80% of the voters? When do the chickens come home to roost?
KC
1 Like