A Forgotten Tech Name Is Breaking Out
Moby Waller submits:
A technology storage maker that was a "hot stock" of the 1990s is quietly breaking out to its highest levels in about 15 years. The company is Sybase (SY).
Taking a quick look at the fundamentals, its kind of a mixed bag. The company is heavily reliant on one major customer EMC (EMC), which is always a risk … yet it may be well-positioned to benefit from coming broadband pipeline growth via Cisco (CSCO) and others. In addition, one prominent commentator speculated that it would be a good fit for an acquisition by Hewlett-Packard (HP).
Investing, Long Term Investment, stock market | admin March 11, 2010
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