8-24-07: After much debate, we are putting our support behind Sun Microsystems (SUNW). We believed SUNW is poised to take off. Currently trading around $5 per share, our opinion is SUNW is undervalued. This stock has the potential to double in the next 2 years. The primary reason for our optimistic view is SUNW is finally taking the necessary steps to improve its competitive position. Corporate spending also remains strong, which should benefit Sun.
8-3-07: The importance of understanding why companies’ makes certain decision is as important as understanding its business model. Let’s not forget the single most important fact of capitalism; businesses are in it for the money. They exist not to make the world a better place, but to line their pockets. Executives are not there to enrich your lives. Their goal is to take care of number one. They will say whatever Wall Street wants to hear to bring their stock prices up. The majority of information that comes from corporate officials is usually pure BS. No where is the BS greater than on Wall Street, where it all starts.
