| DON'T BUY | | Oracle | ORCL-Q | 11.140 | Very good earnings on the database side. Would like to have seen more growth on the application side which is still -6% year-over-year. Fully priced. | 2004-06-18 | |
| BUY on WEAKNESS | | Cognos | CSN-T | 44.000 | You will see good numbers out of this company as there is good demand for business intelligence software. Hard to put a valuation on this. | 2004-06-18 | |
| TOP PICK | | IBM | IBM-N | 90.060 | Corporations have the earnings now and IP spending is coming back. Service bookings are growing quite nicely. Buy when it's at a discount to the market and sell at a 10/15% premium to the market. | 2004-06-18 | |
| BUY | | Solectron Corp | SLR-N | 5.720 | Has been a perennial disappointer, but likes it here. Back on track. | 2004-06-18 | |
| DON'T BUY | | Sun Microsystems | JAVA-Q | 4.040 | Not a fan of this company. A move to Linux is a positive step. | 2004-06-18 | |
| WAIT | | ATI Technologies | ATY-T | 21.670 | Expanding into the marketplace such as mobile phones, game consoles, digital TV, settop boxes, etc. Could take a little bit of a breather at this time. Wait for after the quarter. | 2004-06-18 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 29.940 | A lot of competition and the market is afraid margins will be squeezed. Feels they will defend their position and put the competition to rest. Cash flow will then be generated. | 2004-06-18 | |
| BUY | | Microsoft | MSFT-Q | 28.350 | Has been stuck in a range but feels there are a couple of catalysts. Expects to see a dividend increase. Feels that money will move from the more aggressive smaller companies back into large and safer companies such as this. | 2004-06-18 | |
| BUY on WEAKNESS | | Cisco | CSCO-Q | 23.420 | A great company. The growth is going to come from outside the core router market. Should see double-digit growth rate in earnings. | 2004-06-18 | |
| TOP PICK | | Sina Corporation | SINA-Q | 36.060 | A high risk return selection. A big opportunity in China with limited competition. | 2004-06-18 | |
| DON'T BUY | | Leitch Tech | LTV-T | 8.880 | Would prefer more mature, higher growth companies. | 2004-06-18 | |
| BUY | | Taiwan Semiconductor MFG. | TSM-N | 10.130 | About 60% order growth this year and that should continue. A diverse customer base. | 2003-06-23 | |
| BUY | | UTStarcom | UTSI-Q | 31.530 | Lots of cash and no debt. Targeting international markets on DSL and fixed wireless. Rapid growth. Could take a drop and would buy in the $20's. | 2003-06-23 | |
| DON'T BUY | | GEAC Computer | GAC-T | 5.500 | Gets growth through acquisitions. Not sure they have any competitive advantage. Prefers Oracle or SAP. | 2003-06-23 | |
| DON'T BUY | | Apple | AAPL-Q | 19.060 | Their move into music could be a question mark because of competition. | 2003-06-23 | |
| TOP PICK | | Microsoft | MSFT-Q | 25.780 | A safe haven in this choppy market. Slower growth. | 2003-06-23 | |
| TOP PICK | | ASML Holding | ASML-Q | 9.240 | Good valuation. Taking market share. | 2003-06-23 | |
| WATCH | | 3COM | COMS-Q | 4.915 | A lot of cash. Stock is not expensive. Wild card is the joint venture out of China which looks reasonable. Could be some competition. | 2003-06-23 | |
| WEAK BUY | | BMC Software Inc | BMC-N | 16.700 | Should have some upside, but market would like to expansion out of the main frame sector. | 2003-06-23 | |
| WEAK BUY | | IBM | IBM-N | 83.180 | Approaching market multiple and could see it 10% higher than market multiple. | 2003-06-23 | |
