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Thursday, October 12, 2006

Earnings Season Begins

Right now, there is a bull market in tech and it seem that it is not going to stop going up. People are selling the oil stocks and consumer staples.

So the question is that when money is out of a sector, it has to move somewhere.

The big names I am watching for earning plays are Motorola(MOT) ,Microsoft(MSFT), Google (GOOG), Qualcomm(QCOM) and Apple (AAPL).

Apple is having a more market share on iPod and Motorola has also gains some market share with lot of room to improve on their profit.

Google is a $420 stock that can go to $500 by year end, this is the Internet company has locked up a key demographic with its purchase of YouTube.com.

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