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re: stock tip...FSLY

Posted on 9/13/20 at 7:09 pm to
Posted by cgrand
HAMMOND
Member since Oct 2009
47133 posts
Posted on 9/13/20 at 7:09 pm to
which, for FSLY, is good news
Posted by FLObserver
Jacksonville
Member since Nov 2005
15904 posts
Posted on 9/13/20 at 7:32 pm to
hope so cgrand. I've made some money off fsly but i bought back in around 80 and getting a little nervous. My plans are to hold these shares for a while though.
This post was edited on 9/14/20 at 4:29 am
Posted by SoloTiger
Member since Aug 2016
10790 posts
Posted on 9/13/20 at 8:50 pm to
I read where Oracle won the bid for TikTok. Microsoft was informed about the decision.

Guess my MSFT will drop tomorrow.
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 9/13/20 at 10:10 pm to
quote:

It appears they’ll sell US operations to oracle without the algorithm. So, this is a surface transaction that meets the order to sell but doesn’t actually change anything

This would make sense. The vibe I got when they decided to take the algorithm off the table is that was the main thing MSFT was after.
Posted by cgrand
HAMMOND
Member since Oct 2009
47133 posts
Posted on 9/13/20 at 10:32 pm to
on the one hand I’m happy this manufactured drama should soon be over and FSLY price can work its way back. On the other hand I’m wondering what the frick this was all about

If tiktok is indeed a national security risk, as the president made such a show about, this deal does nothing to change that
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9065 posts
Posted on 9/14/20 at 12:42 am to
Per LiveSquak just now

quote:

ByteDance Won't Sell Tiktok U.S. Operations To Microsoft Or Oracle - China State Tv CGTN, Citing Sources



Posted by jmcwhrter
Member since Nov 2012
7776 posts
Posted on 9/14/20 at 2:14 am to
Larry Ellison is a big Trump supporter.. wouldnt be a shock at all if he just shut down the US operation
Posted by FLObserver
Jacksonville
Member since Nov 2005
15904 posts
Posted on 9/14/20 at 6:20 am to
well futures point to a higher open. Looks like what you said Cgrand is the sentiment
Posted by supadave3
Houston, TX
Member since Dec 2005
31944 posts
Posted on 9/14/20 at 7:54 am to
So what are y’all doing with Moderna MDRA? I only have a very small amount, but where is it in the clinical phases and is it worth holding on to to see if rises back to the $75/share price I paid for it?

Any thoughts?
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 9/14/20 at 8:07 am to
Neither Microsoft nor Oracle gets to buy TikTok US: Chinese state media

https://finance.yahoo.com/news/neither-microsoft-nor-oracle-gets-070256361.html
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 9/14/20 at 8:29 am to
My understanding is that it’s a partnership and not an outright buy. I’ve seen some mention a TikTok global headquarters being located in the US as part of the deal. I’m sure there is some governmental red tape left, but I have a hard time believing they are announcing a deal without being close to a green light. Unless they chose Oracle since Trump is a fan of them and are hoping them being the chosen suitor will provide them an extension on the deadline.
Posted by cgrand
HAMMOND
Member since Oct 2009
47133 posts
Posted on 9/14/20 at 8:49 am to
so far so good this morning
Posted by Auburn1968
NYC
Member since Mar 2019
25446 posts
Posted on 9/14/20 at 9:01 am to
sky rockets everywhere this morning. Makes me afraid to buy anything.
Posted by skewbs
Member since Apr 2008
2200 posts
Posted on 9/14/20 at 9:15 am to
quote:

sky rockets everywhere this morning. Makes me afraid to buy anything.


Same. Buy low, as they say.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 9/14/20 at 9:52 am to
Oracle should be pretty big when 5G comes along as well. Perhaps it is a good buy.
Posted by cgrand
HAMMOND
Member since Oct 2009
47133 posts
Posted on 9/14/20 at 7:19 pm to
OK the tiktok thing was so fricking stupid. Nothing has changed and it never mattered anyway. They just added a security company with 20MM in sales at 85% profit and can roll that right into their customer base. They are about to release a game changing edge platform coupled with a new industry leading security platform. 3rd Q earnings are going to be insane

Even if it lumps up to earnings in the 70s this is going to run again
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26725 posts
Posted on 9/14/20 at 7:49 pm to
Yeah. Look ultimately when FSLY goes back to 115 (will happen this year) it will be because they report 70% yoy growth or whatever. TikTok USA matters virtually zero even in the medium term
Posted by cgrand
HAMMOND
Member since Oct 2009
47133 posts
Posted on 9/15/20 at 8:38 pm to
the reporting now is that tiktok USA will be a stand-alone entity with oracle as a minority investor. They will still be organically entwined with bytedance and the algorithm remains the property of bytedance

looking at it from FSLY perspective you want tiktok traffic and revenues to grow, because I again remind everyone that FSLY gets paid per instance of data handled. Tiktok US remains a privately held entity that is massively popular worldwide and their potential reach into commerce is just getting started here
Posted by cgrand
HAMMOND
Member since Oct 2009
47133 posts
Posted on 9/15/20 at 8:41 pm to
quote:

ultimately when FSLY goes back to 115 (will happen this year)

140 by year end
Posted by LSU Tigershark
10,000 posts
Member since Dec 2007
10568 posts
Posted on 9/15/20 at 9:52 pm to
That sure would be nice
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