Buy Low... Sell later

The markets seem to be in turmoil: oil stocks are falling, and the financial sector looks more like the auto industry of early this decade. The airlines seem to be leaking jet fuel. In the border scope, the Nikkei 225 lost 1.6% to 16,254.67, on top of Monday's 1.5% fall; Australia's S&P/ASX 200 declined 0.9% to 6,634.90, New Zealand's NZX 50 index dropped 0.7% to 4,124.20. What's next?

In a throw back to the mid-late 1990s, its time to look at tech. For started the Big G has decided that the future of search is mobile. So it teamed up, with other behemoths Motorola Inc,Sprint Nextel, Qualcom, and whom ever else they decide that they may want to team up with, to roll out their new mobile phone footprint. What Google has decided to do is control the next generation of cell phone software.
Watch closely, Google will not stop climbing until it hits the $900/share mark.

Sunny Day
One of the nations largest server/software manufactures Sun Microsystems has finally ventured back into the black for a full year. This is the first time Sun has achieved such a feat since the dot.com bubble burst. Sun shares gained 11 cents, or 2 percent, to close at $5.71. After the results were released, the stock price fell 14 cents to $5.57.Rating: Buy. Sun is aggressively cutting cost and jobs to make themselves more profitable. Right now they are a value stock, but with new products on the horizon they will grow over the next 12 months. Our target for JAVA is $12.5. Sun expects a gross margin between 44 percent and 47 percent for the full 2008 fiscal year, above its previous estimates. Revenue is expected to grow in the low to mid-single digits.

Another tech hot pick is Novatel Wireless Inc. which swung to third-quarter net income of $9.2 million, or 28 cents a share, from a year-earlier loss of $895,000, or 3 cents a share. Excluding share-based compensation, Novatel reported earnings of 31 cents a share. The San Diego communications company said revenue jumped 90% to $104.6 million from $55.1 million. On average, analysts surveyed by Thomson Financial expected earnings of 23 cents a share on revenue of $102 million. Looking ahead, Novatel expects fourth-quarter earnings of 31 cents a share on revenue of $120 million. Excluding share-based compensation, Novatel expects fourth-quarter earnings of 34 cents a share.