Whatever your view on Tech stocks one should never fade them entirely because it only takes one hot idea, service or product for the fireworks to begin.
Sun Microsystems is possibly a case in point for out performance in 2006, check out these facts -
Net tangible assets and cash flow have held steady (flat) last 3 years
Sales have also been steady at around $11 Billion
That translates into one hell of a big business with A LOT of clients
Think what a relatively small reduction in overheads would bring to the bottom line?
Or, what would happen to the financials if a new product or service that caught a tail wind was introduced
Some are reporting that SUNW has a lot in common with Apple of a few years ago, ie mega but flat sales and generally unloved
Then with Apple came the iPod
Apple has a lot of very clever engineers, and so does SUNW
Looking at the SUNW chart it has a lot of 'space' to move higher into
Get a quick summary of these posts sent to you every week. We don't spam and are the only people that will send you email. Your Privacy is 100% respected
