So SAP is buying Business Objects. Hooray for us stupid bulls :) .
Now we know why tech is strong and won’t dip. Look for software stocks to start making biiiiig gains. Have you been watching VMWare since it’s IPO. I have and we have and it’s on freaking fire . Tonight SAP put a whole bunch of stocks in play. I am not long software other than Adobe and Verisign. I will be adding a few names tomorrow.
If you check out Business Objects Google Finance Page you will see all the HUGE names in the space. One smaller name…Informatica (INFA), looks quite lovely.
I am scouring tonight. Maybe Citrix (CTXS) , at all-time highs (back out bubble).
If you are going to speculate, DO IT IN A BULL MARKET. This is when silly shit happens and you should not apologize or feel guilty. Just don’t be wreckless…you are not smart.
I love Sunday nights in bull markets. Go to work. Talk to me with some other names….
Disclosure – Long Verisign and Adobe, BUYING INFA and CTXS