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Technology Stocks : All About Sun Microsystems

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To: Don Green who wrote (64025)11/15/2006 12:24:41 PM
From: Arthur Tang  Read Replies (1) of 64865
 
Thanks for your responses.

Fundamentally, Sunw is having revenue increases. The management wants to grow into profitability. But they need an experienced service executive.

Service business is very big and outsource to India has slowed down. So, Sunw has a very good chance of catching up with IBM. We do not like India because of lack of closeness, and different culture. So, automation in software will do better keeping the IT department in the US.

Technically, the curve traces up. No down trends.

So, I would say that Sunw is taking a pause; until Dow Jones index($30-100) stops moving for a while, So second tier($15-30) or third tier($5-15) stocks start to catch up again.
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