What the tech?

24 06 2008

Posted by: in Latest News

Filed under: Earnings reports, Analyst reports, Deals, Google (GOOG), Stocks to Buy, NASDAQ

Minyanville’s Sean Udall dares to share the kind of keen insight and actionable information you won’t find in any prospectus. Here he discusses some players in the tech sector. For more original thought, visit www.minyanville.com.

SuccessFactors (NASDAQ: SFSF): The stock prices secondary at $11.80 and is holding pretty tough. I’m watching this one pretty closely and was hoping for some post-secondary weakness to possibly add a starter here. A pretty good balance sheet just got superior, but I guess the question is, “What is it going to do with that cash?”

Digital Television Holding (NYSE: STV): This company may have made a bottom recently and the deal announced today is exactly what the company talked about in its last quarterly call. I’ve commented on the possibility of it securing more revenue streams (partnering for recurring advertising revenue) in the past. It looks to be developing the conduits to deliver on that.

comScore (NASDAQ: SCOR): Google (NASDAQ: GOOG) news is hurting the stock badly. I sold my mine some time back after that series of paid click reports ahead of Google’s last quarter that proved to be quite inaccurate. All that aside, I don’t think comScore’s core business is going to disappear within a compressed time frame and may be worth a long side trade if it moves near or under $20. I’ll leave it be and see what develops, as the knife could cut further.

Visa (NYSE: V): The stock made a nice bounce off intraday lows and I still think Visa will see par before too long. I’m kicking myself for not adding that into this morning’s nadir. Visa may also be a stealth play ahead of the summer games.

Focus Media (NASDAQ: FMCN): Speak about another bounce. Is Focus a superior purchase than Baidu (NASDAQ: BIDU)?

Tesoro (NYSE: TSO): Alright, so this isn’t tech, but it looks too cheap to not add a starter here (or try a defined risk trade). I know a few folks at Minyanville have talked about this name and I might piggyback on their find.