ManningEnvy Posted June 10, 2020 Report Share Posted June 10, 2020 Time for coffee and KOO KOO ya tard bitch. Where were you at this morning? Did they let you out of the wolf lair jail cell for a few hours? Link to post Share on other sites More sharing options...
ManningEnvy Posted June 10, 2020 Report Share Posted June 10, 2020 2 minutes ago, Makaveli said: Hard to believe you came out a human Vagina. Well, I doubt the zoo is open. Where did you get to go to Touched? Link to post Share on other sites More sharing options...
oldschool Posted June 10, 2020 Report Share Posted June 10, 2020 34 minutes ago, SleepingTitan said: Well, I guess we'll just agree to disagree. I'm aware of discounts available. I sell about $6mil of hardware every year If you're talking about what it costs when you start buying petas, I have no knowledge to offer. My customers are police precinct up to 300 employee sized no wonder you have the stance you do. Better shift away from selling hardware and selling services/solutions soon. Link to post Share on other sites More sharing options...
SleepingTitan Posted June 10, 2020 Report Share Posted June 10, 2020 Just now, oldschool said: no wonder you have the stance you do. Better shift away from selling hardware and selling services/solutions soon. I do. $6mil is the hardware portion Link to post Share on other sites More sharing options...
ManningEnvy Posted June 10, 2020 Report Share Posted June 10, 2020 Well Touched The Tard, wherever it was, I see you're back home in LaLa Land now. Link to post Share on other sites More sharing options...
pat Posted June 10, 2020 Report Share Posted June 10, 2020 I'm curious @SleepingTitan about your take on the market. It looks like most of the solutions offer both cloud and on-premise solutions. How do departments split up on their preference? 50/50, 80/20, etc? What kind of departments prefer on-premise and what kind like the cloud solutions? Link to post Share on other sites More sharing options...
SleepingTitan Posted June 10, 2020 Report Share Posted June 10, 2020 1 hour ago, patsplat said: I'm curious @SleepingTitan about your take on the market. It looks like most of the solutions offer both cloud and on-premise solutions. How do departments split up on their preference? 50/50, 80/20, etc? What kind of departments prefer on-premise and what kind like the cloud solutions? It's hard to say really. There's a growing concern among all public entities who store sensitive data, especially where privacy is a concern. The question remains, can you protect it better inside the building or is it safer letting a larger company protect it? Law firms, schools, police forces, healthcare facilities are all trying to answer this question. I'd prefer to play the Palo Alto/Crowdstrike game here, but honestly, those stocks are priced in. Secureworks is a good play as well because they fix shit once it's hacked. Public spaces, medium to small businesses usually lag behind enterprise and larger businesses. Right now there's a big trend in hybrid cloud and moving certain sensitive items on prem. Companies are paying small fortunes to move their data back home, regretting going all in on cloud. From a legal perspective, some data MUST remain private, on prem, so in the last few years PRIVATE CLOUD has actually emerged as a huge hit. Companies are even renting on prem warehouse space in data centers (basically a turn key solution that only they have access to) so technically it's on prem, private. My entire argument is that HDDs and SDDs are going to be in high demand. Western Digital sells both. In 2019, analysts expected a 2020 pull back in storage and infrastructure purchasing as more companies virtualize and make decisions on cloud vs on prem. They expected 2 quarters to be flat, but 2021 to surge in storage demand. That's all before covid-19 and riots. Add in 8000 police stations buying storage arrays and cameras. That's a lot of new drives. oldschool, and pat 2 Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted June 10, 2020 Report Share Posted June 10, 2020 Fed is up soon for comment at 2pm. Will it be a Powell movement, or a bowel movement!? Open wide tards! OILERMAN 1 Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted June 10, 2020 Report Share Posted June 10, 2020 (edited) UPDATE: Read the Federal Reserve's June statement 2:13 PM ET 6/10/20 | MarketWatch By MarketWatch, MarketWatchFOMC signals no interest rate increases at least until after 2022 The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken to protect public health have induced sharp declines in economic activity and a surge in job losses. Weaker demand and significantly lower oil prices are holding down consumer price inflation. Financial conditions have improved, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The ongoing public health crisis will weigh heavily on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term. In light of these developments, the Committee decided to maintain the target range for the federal funds rate at 0 to 1/4 percent. The Committee expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals. The Committee will continue to monitor the implications of incoming information for the economic outlook, including information related to public health, as well as global developments and muted inflation pressures, and will use its tools and act as appropriate to support the economy. In determining the timing and size of future adjustments to the stance of monetary policy, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments. To support the flow of credit to households and businesses, over coming months the Federal Reserve will increase its holdings of Treasury securities and agency residential and commercial mortgage-backed securities at least at the current pace to sustain smooth market functioning, thereby fostering effective transmission of monetary policy to broader financial conditions. In addition, the Open Market Desk will continue to offer large-scale overnight and term repurchase agreement operations. The Committee will closely monitor developments and is prepared to adjust its plans as appropriate. Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michelle W. Bowman; Lael Brainard; Richard H. Clarida; Patrick Harker; Robert S. Kaplan; Neel Kashkari; Loretta J. Mester; and Randal K. Quarles. Edited June 10, 2020 by OilerTitanHybrid Link to post Share on other sites More sharing options...
Downtown Posted June 10, 2020 Report Share Posted June 10, 2020 The market needs to take a dip to save itself. The public won’t support a 2nd round of corporate bail outs when stocks are at a high. That 2nd round is already baked-in. Number9 1 Link to post Share on other sites More sharing options...
oldschool Posted June 10, 2020 Report Share Posted June 10, 2020 5 hours ago, SleepingTitan said: It's hard to say really. There's a growing concern among all public entities who store sensitive data, especially where privacy is a concern. The question remains, can you protect it better inside the building or is it safer letting a larger company protect it? Law firms, schools, police forces, healthcare facilities are all trying to answer this question. I'd prefer to play the Palo Alto/Crowdstrike game here, but honestly, those stocks are priced in. Secureworks is a good play as well because they fix shit once it's hacked. Public spaces, medium to small businesses usually lag behind enterprise and larger businesses. Right now there's a big trend in hybrid cloud and moving certain sensitive items on prem. Companies are paying small fortunes to move their data back home, regretting going all in on cloud. From a legal perspective, some data MUST remain private, on prem, so in the last few years PRIVATE CLOUD has actually emerged as a huge hit. Companies are even renting on prem warehouse space in data centers (basically a turn key solution that only they have access to) so technically it's on prem, private. My entire argument is that HDDs and SDDs are going to be in high demand. Western Digital sells both. In 2019, analysts expected a 2020 pull back in storage and infrastructure purchasing as more companies virtualize and make decisions on cloud vs on prem. They expected 2 quarters to be flat, but 2021 to surge in storage demand. That's all before covid-19 and riots. Add in 8000 police stations buying storage arrays and cameras. That's a lot of new drives. I'm curious where you are you getting this data from. Public cloud adoption is growing exponentially and it will only continue to grow. Sure you will find businesses every once in awhile who overspent with a hyperscaler and think they should bring their data back on prem but they are outliers at best. Full disclosure I've spent the past 7 years working for cloud service providers who compete directly with aws and azure. We built a world class platform and even layered paas and saas offerings on top of it. You can't compete with the hyperscalers, have to join them instead. Now how does that tie into stocks? Buy Amazon, Microsoft, Google and hold it. You will outperform the market for sure. Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted June 11, 2020 Report Share Posted June 11, 2020 1 hour ago, Downtown said: The market needs to take a dip to save itself. The public won’t support a 2nd round of corporate bail outs when stocks are at a high. That 2nd round is already baked-in. Market is close enough to where it was before the carnage started, that it's time for me to sell a bit of my fuck off stocks, so when the Fed didn't have too much to say today, I sold some of X and USO. Felt good to get a profit from those two and let the rest ride. If it goes up from here it's still cool, and if not, rebuy some lower maybe. Link to post Share on other sites More sharing options...
OILERMAN Posted June 11, 2020 Report Share Posted June 11, 2020 Futures down big, Covid news looking bad with a very real possibility of a 2nd wave. OilerTitanHybrid 1 Link to post Share on other sites More sharing options...
oldschool Posted June 11, 2020 Report Share Posted June 11, 2020 1 hour ago, OILERMAN said: Futures down big, Covid news looking bad with a very real possibility of a 2nd wave. Good day to buy stocks abenjami 1 Link to post Share on other sites More sharing options...
abenjami Posted June 11, 2020 Author Report Share Posted June 11, 2020 3 minutes ago, oldschool said: Good day to buy stocks If you were buying put options, that was yesterday. Link to post Share on other sites More sharing options...
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