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Month April 2009

Swine flu tracking on Google maps

Swine flu tracking on Google maps. Cool, I think this is an impressive use of technology.

Link here

Gildead (GILD) : Profit rises a higher-than-expected 21 percent

A little belated news.

Gilead Science (GILD), reported on April 22, that their first quarter profit rose 21 percent due mainly to increase sales of its drugs for treating AIDS.

Source:

http://finance.yahoo.com/news/Gilead-profit-rises-a-rb-14997225.html?.v=1

Today, we can also see GILD at play due to the Mexican Swine flu.

On the Ichimoku chart, it has just break out of the ‘flatten’ kumo. However, we can see that the Chikou Span is still below the kumo; a suggestion that the bulls are not fully engaged yet.

Or to be more specific, currently its bullishness is a knee jerk reaction to the Mexican flu (on top of its recent greater than expected quarter performance).

Daily Chart here:

http://stockcharts.com/h-sc/ui?s=GILD&p=D&b=5&g=0&id=p82078841433

3PAR (PAR) : Appoints VP of Engineering and Expands CTO Office

A clear sign that 3PAR is expanding.

For a company that is in an industry that thrives on successful delivering new leading products, it is important that there are sufficient people to lead engineering.

A new VP will allow the foundinng team of Jeff Price and Ashok Singal to focus on more critical design issues. I believe, the new VP (Peter Slocum) role is more focus on product delivery.

I see this as a plus point for 3PAR and a possible sign that there is a growing demand to have more products that address market needs.

I will keep this addition at the back of my head. Earnings season ahead. Need to find out also about their revenue growth and cashflows.

Source article for VP appointment:

http://www.marketwire.com/press-release/3Par-NYSE-PAR-978757.html