Monday, March 23, 2009

JAVA was down today

after the 100% upmove last week concerning IBM takeover rumors and because there was no takeover announced this weekend as traders had plenty of other stocks to push around.

JAVA was a buy today. And if one measures retained earnings as a key measure of book value, I would say research and development for a tech company is the same thing ala Philip Fisher, a name not bandied around a lot nowadays.

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