IBM in talks of buying Sun Microsystems
The Big Blue is in talks of acquiring Sun Microsystems for $6.5 billion in cash. If the deal doesn’t go through, the company is done, meaning that’s the only choice Sun has at the moment. The biggest problem with Sun is that although they are a smart bunch that can develop new technologies, the company [...]
Tagged as: competition, db2, dot-com bubble, ibm, java, linux, mysql, open source, servers, solaris, sparc, sun, technologiesBailout or Bankruptcy?
GM and Ford will not fail. IMO, they are just too big to fail. The automotive industry is huge, and the global economy largely depends on it because a car is a necessity for many people. If GM and Ford fail, it will create a total disaster for the global economy. Millions of jobs will [...]
Tagged as: automotive, bailout, bankruptcy, competition, Economy, ford, fuel-efficiency, gasoline, gm, government, honda, japanese, jobs, labour, toyota, uaw, unionsStock Picks
Bullish (buy price)
DRYS @ 14
Extremely low P/E ratio
Undervalued compared to other dry shippers
PCLN @ 54
People going to vacation during holidays
Strong revenues in past quarter
Excellent management team
GS @ 70
One of the longest standing investment banks that have strong forecasts
Very low P/E ratio
BBY @ 25
Holiday season approaching
Low P/E ratio
Circuit CIty gone bankrupt means less competition
Garmin GPS Market
Garmin’s shares have been plummeting steadily ever since the last quartely report. IMO, I think it is merely an overreaction from the bad earnings and future guidance of the previous quarter. Garmin is a great company because of the superior management and healthy balance sheet. It is also very innovative with many of its products [...]
Tagged as: competition, Earnings, garmin, gps, innovative, management, margins, market, overreaction, sales"Dying" Tech Companies
Here are some companies that I thought are just “hanging over” in the tech industry:
AMD – Advanced Micro Devices Inc.
As I said earlier, AMD had lost ground and can no longer remain competitive with Intel. AMD has ambitious goals, but it doesn’t have deep pockets like Intel for research and development. Last week, it had [...]