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Tech

Tibco Software (TIBX) : Breakout of long term base

TIBX has officially breakout of its long term base with very good quarterly results. (since last highlight of its long term base)

Highlights for Q3 include total revenue grew by 23% over the third quarter of 2009 to $184.5 million, which represents the fourth quarter in a row of accelerating growth. License revenue grew by a healthy 23% to $70.6 million. Non-GAAP operating margins came in at 24.4% for an expansion of 280 basis points over last year, and non-GAAP EPS of $0.17, grew by $0.04 over the third quarter of last year. — Source TheStreet


Consolidation within the industry is good for leaders like TIBCO (TIBX).

With fewer competitors, I expect profit margins to be maintain and at the same time more growth in the verticals.

Nonetheless, the chart is showing a very strong accelerated move on TIBX. Expect it to go beyond $20 by next quarter.

Categories
Tech

Salesforce.com (CRM) : Breakout and consolidation

Marc Benioff reported Salesforce.com results on August 19 with the following quotes:

Second quarter revenue of $394 million rose 25% year-over-year. Even with an annual revenue run rate approaching $1.6 billion, our revenue growth is accelerating. At 25%, second quarter revenue rose at its fastest rate in six quarters and it represents the third quarter in a row in which growth rate has now increased.

Non-GAAP EPS of $0.29 was well above our outlook entering the quarter. GAAP EPS was $0.11.

We also delivered roughly $76 million in operating cash flow, an increase of more than 66% from a year ago. Over the past 12 months, our business has generated more than $340 million of operating cash and we exited the quarter with roughly $1.9 billion of cash, cash equivalents and marketable securities.

Finally, I am pleased today to announce that we are raising the high end of our full year fiscal year ‘11 revenue guidance to $1.6 billion. This is a huge new milestone for Salesforce.com.

As we can see from the chart below, the market responded positively with a gap-up and high volume  trades.

Currently, we are seeing some consolidation which is a good sign as the general market is bearish. This suggests the positive outlook for Salesforce.com

We should be able to find a good entry during the consolidation. After which, it should break up to the high side.

Categories
Tech

Nokia Corporation (NOK) : Small Long Position

For a very short term play, Nokia seems to be bouncing off its low at $12.00

For now, it is unlikely that it will move up too much given its recent announcement on earnings and margins cut.

Let’s see if it can reach $12.28