Mike, If you mean IT in the general sense vs the enterprise sense then maybe I have a few to keep an eye on. Try, QCOM and WIND. QCOM doesn't seem ridiculously priced right now given their most recent earnings so I think that could be a buy. WIND, on the other hand, is harder to justify, although if you include their upcoming I2O related sales maybe they aren't too pricey. Personally, I'm going to wait until the next tech wreck to get this one.
In the networking field I've taken about a half position(at $28 on 8/28) on MRVC. They are selling cheap on a PEG basis and are positioned IMO to take part in some explosive growth in products that enhance bandwidth(gigabit ethernet, wave-length division multiplexing, etc). Known for very good research(in Israel) and great growth presently I don't see how you can lose on this one(I sure there's a way though-g-).
In the general and enterprise meanings of IT an interesting company is SYSF. They are really beat up right now and there is a wide divergence(mostly bearish) of opinion on them. Good contrarian play.
If you are wanting something on which to really speculate there is a small outfit MVIS, which is working on a technology to project images directly onto the retina. That's right, the retina becomes the monitor/display. The military is interested(surprise, surprise) so it looks like they will conitinu to get some decent start-up capital. There is a new thread in SI for them at:
Subject 9735
Of course, the other two companies have had SI threads for a while. In fact, the WIND thread has been one of the most educational(for trends)for me in SI. Many a big shot in the computer industry has dropped by there to throw in their two cents at one time or another.
P.S. - Thanks for the info about the GTW in this week's Barron's. Do you think that the article was prominent enough and/or bearish enough to prompt a sell-off on Monday. I sure hope so 'cause Friday's perspiration is getting awfully close.
Craig |
