Shareholders Of Microchip Technology (NASDAQ:MCHP) Must Be Happy With Their 162% Total Return

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When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really flourishing, you can make more than 100%. For instance, the price of Microchip Technology Incorporated (NASDAQ:MCHP) stock is up an impressive 137% over the last five years. On top of that, the share price is up 25% in about a quarter. But this move may well have been assisted by the reasonably buoyant market (up 18% in 90 days).

Check out our latest analysis for Microchip Technology

To quote Buffett, ‘Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…’ By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.


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LSU will go cashless with concessions, merchandise in venues for 2020 athletic events | LSU

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The LSU athletic department has announced it will only accept credit card and mobile payments for merchandise and concessions this fall. It is the school’s second move this week to reduce the risk of transmitting coronavirus at events.

The decision to go cashless in 2020 comes a day after LSU announced it will use mobile ticketing for the football season, a move aimed to create contactless transactions at Tiger Stadium.

Within a news release Thursday, LSU announced fans at its athletic events will be able to purchase concessions and merchandise using all major credit cards, Apple Pay and Android Pay. Tiger Cash can only be used for concessions.

LSU said it is working on a prepaid card purchase option for people who don’t have one of the four payment types available.

“This is all about improving the fan experience and safety at our venues,” LSU senior associate athletic director Robert

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A Crowd of Predictable Businesses in an Unpredictable Industry

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According to research firm Gartner, the global Software-as-a-Service (referred to as “SaaS”) market has delivered a high-teens growth over the past four years, becoming one of the hottest segments within the software industry. The rapid adoption of the cloud-based licensing model is attributable to several benefits on the client’s side, including simplified budget planning, reduction in upfront investment and cost-saving. In terms of the SaaS provider itself, the management can focus more on the core business – software development – and is no longer required to manage offline distributions or hardware systems.

When it comes to investors, we think that the most value lies in the recurring cash flow resulting from the subscription sales, which provides some rare predictability in this highly uncertain tech world. In this regard, the retention rate (or churn rate) of subscribers is the key. We hope to see a high switching cost to lock customers

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