I have followed your comments on the SUNW thread for sometime now and have usually found them knowledgeable. As SUNW is app. 40% of my investment portfolio, I do find you optimism encouraging. I agree that financial firms will benefit from consolidation and liberalization of SE Asian economies. In the short run some firms such as Citi may see accelerated charge-offs from their exposure which may result in a buying opportunitiy in other US based financial firms. Being an employee, I like BofA at these levels. The main risk will come from trading operations of these firms where the potential for large losses (like the one in Chase) exist.
On SUNW, do you think McNealy's single minded obssession with MSFT (which the analysts love) affects the stock performance adversely. Objectively speaking, the stock just does not have the respect on wall street (like INTC, CSCO, MSFT, IBM, or even ORCL). Certainly has superior technology to some of theses Sell offs may be irrational as you have contended, but some firms are affected les and bounce back faster. What do you think afflicts SUNW as a stock ?
Alok
P,.S I also own ASND, COMS, CSCO, BAY, IFMX and SYBS |
