Lehman Brothers has initiated major technology companies in new analyst coverage this morning. The broker has a mixed call in the sector. Overweight rated stocks are Apple, Inc. (NASDAQ: AAPL) with a…
According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters reports that some members of the Fed believe that the US will…
Sun Microsystems (NASDAQ: JAVA) titillates investors every year or so with some series of announcements. It is building up its operations in China. It has a new open source software initiative. It…
We routinely look over major changes in short interest from period to period. While the more frequent twice-monthly reporting is conducted by exchanges, it sometimes gives a little insight into the psyche…
Short interest for number of tech stocks listed on Nasdaq rose on March 14 compared to figures from February . Shares short in Microsoft (MSFT) spiked up 7.4 million to 123.1 million.…
According to NASDAQ figures on short selling on February 29, share sold short in tech companies dropped sharply, an indication that investors are not willing to bet that stocks in the companies…
Hewlett-Packard (NYSE: HPQ) turned in one of the best performances of the earnings season. Net income rose 38%. Revenue rose 13% to $28.5 billion. The computer company raised guidance and its shares…
According to Reuters, Toshiba will drop its HD DVD format. Reuters reports that Blll Gates said Microsoft (MSFT) will target web search with or without Yahoo! (YHOO) Reuters writes that RIM (RIMM)…
The fear of a slowdown in tech spending has done a great deal of damage to big tech stocks. Over the last three months Amazon (AMZN) is down 3%, Intel (INTC) is…
Sun Microsystems, Inc. (NASDAQ:JAVA) has announced that it has entered into a stock purchase agreement to acquire Stuttgart, Germany-based innotek. Sun is calling innotek the provider of the leading edge, open source…
Cisco (CSCO) is launching a new line of products to serve big corporate data centers. According to The Wall Street Journal "the networking giant says its Nexus Series of products will address…
For Bill Gates the wait must have seemed to last more than a lifetime. Microsoft (MSFT) and Apple (AAPL) both became modest-sized businesses in the early 1980s. But the Bill Gates’ company…
The big US companies with the weakest prospects have sold off by as much as 50% over the few months. But, because some of them have powerful brands, large customer bases, and…
According to Reuters, SAP (SAP) sees no global slowdown in its results. Reuters reports that Dell (DELL) may be growing again according to IDC numbers. Reuters writes that Delta (DAL) and Northwest…
Sun Microsystems (JAVA) just can’t seem to get things right. Sun expects to report revenues for the second quarter of fiscal 2008 of approximately $3.60 billion, an increase of approximately 1 percent…
Douglas A. McIntyre 