Tech Report for the Week
Ok, here we go...
Stocks have seen a rise early today do to Alcoa being a takeover target...not that it matters that much right now.
First, let's tackle Microsoft (MSFT). The bears have sunk their teeth in them, and in my opinion for 2 very strong reasons. The rush to upgrade to Vista has been tardy and for good reason. Secondly, for all you techies out there, open source is the new wave of computing via the internet instead of the dependency on office suites to do documents and spreadsheets. You can now do all of these with the use of a simple Google account. Or you can download free software called OpenOffice and get a much more friendlier program, that will not eat up your system resources. Vista needs a new computer to run efficiently, so we will definitely not see the same increases in stock price do to its release. Besides no businesses will be upgrading to Vista, and college kids will either keep XP or do like the people at AU and get a Mac.
Intraday trading:
MSFT - Day's Range: 28.97 - 29.13
In terms of my interest in Sun Microsystems. I'm still interested. I think we should wait to the price drops closer to my $6 strike on the put option I have on them lol. That's the closest fair valuation, as of now I think the price is over exaggerated. But nonethless, it is a good buy as its deals with Intel, and Google can only continue to boost its balance sheet further over a beyond the black.
I don't know if we still have AMD but it sucks. That's just my bias showing its true colors again. I will save all other commentary on that stock.
But I will add that Nvidia Corp. (NVDA) which happens to be my stock pick for February, was up yesterday even when the market dropped, and it is up today. Fact of the matter is, Nvidia produces the gpu's that Vista customers and graphics enthusiast need to power Microsoft's new OS. So far, AMD doesn't have an ATI card that is truly made to power Vista with its Direct X10 interface. We need to BUY!
That concludes my feelings on the tech sector for right now. If anything else comes up, I will you keep all informed.
Stocks have seen a rise early today do to Alcoa being a takeover target...not that it matters that much right now.
First, let's tackle Microsoft (MSFT). The bears have sunk their teeth in them, and in my opinion for 2 very strong reasons. The rush to upgrade to Vista has been tardy and for good reason. Secondly, for all you techies out there, open source is the new wave of computing via the internet instead of the dependency on office suites to do documents and spreadsheets. You can now do all of these with the use of a simple Google account. Or you can download free software called OpenOffice and get a much more friendlier program, that will not eat up your system resources. Vista needs a new computer to run efficiently, so we will definitely not see the same increases in stock price do to its release. Besides no businesses will be upgrading to Vista, and college kids will either keep XP or do like the people at AU and get a Mac.
Intraday trading:
MSFT - Day's Range: 28.97 - 29.13
In terms of my interest in Sun Microsystems. I'm still interested. I think we should wait to the price drops closer to my $6 strike on the put option I have on them lol. That's the closest fair valuation, as of now I think the price is over exaggerated. But nonethless, it is a good buy as its deals with Intel, and Google can only continue to boost its balance sheet further over a beyond the black.
I don't know if we still have AMD but it sucks. That's just my bias showing its true colors again. I will save all other commentary on that stock.
But I will add that Nvidia Corp. (NVDA) which happens to be my stock pick for February, was up yesterday even when the market dropped, and it is up today. Fact of the matter is, Nvidia produces the gpu's that Vista customers and graphics enthusiast need to power Microsoft's new OS. So far, AMD doesn't have an ATI card that is truly made to power Vista with its Direct X10 interface. We need to BUY!
That concludes my feelings on the tech sector for right now. If anything else comes up, I will you keep all informed.
posted by Anonymous at
11:09 AM
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