Shaky Market
Happy New Year!
It looks like that overall the stock market is not in a good condition. Beginning the year 2008, many stocks are at their multi-year lows. Stocks that are deemed “overvalued” are dropping hard. Such examples include VMW, CROX, N. Don’t get me wrong, I think VMware and Crocs are great companies, but the current [...]
Good Volume Surge in the Market
Most of the tech stocks were up big today, including RIMM, N, and ORCL. NetSuite ended up with $39.14, a little less than $40. People are beginning to think that NetSuite is overvalued, just like VMW. As mentioned earlier, NetSuite needs to start making money ASAP so they can be profit. Their concept is good, but needs revenue to stay in [...]
Tagged as: bestbuy, circuit city, netsuite, oracle, revenue, rim, vmware, volumeNetSuite!
Howdy and good morning! After the 2nd day, this stock went up more than 40%. It is sitting at around $42 right now. Looks like there will a small pullback due to high demand and people taking profits. It is better to wait until the dust gets settled and start thinking about it.
Tagged as: netsuite, profits, pullbackNew IPO – NetSuite
This is an interesting IPO. It will begin trading on the NYSE as symbol “N” on Dec. 20, 2007 at $26 a share! I don’t have much information about it for now since it is a new IPO. Delivering software over the Internet is an interesting concept, and seems to be the future “trend”. Furthermore, [...]
Tagged as: competitors, google, larry ellison, netsuite, oracle, salesforce, software