Nichols, Clark, Callaci, Musyuk (212) 829-5481
ORCL trading +4.3%, as Larry Ellison seeks to turn HPQ’s pain into ORCL’s gain by hiring Mark Hurd as president. Expect HPQ to resort to the courts to blunt this new assault on ORCL’s move to encroach on HPQ’s turf (end to end computing solutions). DELL is also seeking to become the one stop shopping spot for tech. The WSJ speculates on Michael Dell’s next move: in the case of cloud storage, CVLT,CML or ISLN, are all mentioned as candidates; article goes further to point out Michael Dell’s broader strategy to diversify away from the low margin PC business (now 55%, down from 61% of total sales in just 3 years). Computer services or software firms could fit into this broader strategy.
Enterprise/Service/ SW: MSFT, ORCL, ADBE, FIRE, ARST, RHT, TECD
PCs/Devices/Net: MOT, RIMM, VRSN
Semis/Circuits: Storage: PMCS, INTC, TXN, SYNA, EMC, STX, SNDK
Network Products: BRCD, PLCM, FTR, FFIV
Telco: LEAP, S, WIN, CMVT
Electronic components: RBCN, CTV
Media: LCAPA, DGIT, MCCC
Smaller Caps: ADPT, PAET, AUDC, ZIXI
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